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Magnetic Materials Industry in China Faces Unprecedented Pressures and Challenges

Magnetic materials are the main supporting products of various electronic products, such as electronics, instruments, machinery, petrochemical, aerospace, nuclear magnetic resonance, computers, military, and other fields are inseparable from magnetic materials. Japan is a major user of rare earths. Currently, China exports the largest amount of rare earths in the world. Rare earths are China's most abundant strategic resources. China has many strategic resources such as iron ore, but it is rich in rare earth resources. As a key material for many major weapon systems, the United States needs almost all imports from China (to a certain extent, Strategic reserve). Magnetic material manufacturers in some foreign developed countries have also targeted China's treasures and set up production bases in China, bringing opportunities and challenges to China's magnetic manufacturing industry. No one wants China to return to a low-cost sweatshop factory. However, to establish China’s market order and compete for the right to speak out of rare earths, we must follow the principle of protecting domestic resources and the environment and eliminate the insecurity “factors” that gather huge amounts of wealth at the expense of the happiness of future generations of others and work out feasible measures. Sexual strategy, strive to be responsible for resources, serve the people. The person in charge of Dongguan Yin Magnetic Material Co., Ltd. told reporters that the development of China's own magnet industry and the creation of China's own brand has become a general trend. Only in this way can we rationally develop and protect our country’s scarce resources, reduce the price of import and processing, and ultimately benefit customers and raise the level of national income. With regard to the urgent situation that the current price of NdFeB magnets has soared by 10 times, China's magnetic material industry is facing unprecedented pressure and challenges! The development of China's magnetic material industry requires the joint efforts of nearly 600 magnetic companies and research institutes in China! However, how to transform from a magnetic material producing country into a magnetic material producing country is still very difficult. It requires the entire industry research institutes and production companies to work together to produce high-precision magnets, and is committed to strengthening the high-end lines of permanent magnets. With the acceleration of the “integration” process in the world, the magnetic manufacturing industry is also facing an unprecedented impact. The development and protection of rare resources and the limits and control of the export of rare resources are imminent. Judging from the current market development, the prospects for the development of corresponding magnetic materials are optimistic. However, in the 21st century, in terms of the magnet industry, what is needed is the preparation of high-grade materials, so we actively implement the technological innovation strategy and develop high-grade magnetic material products to occupy. The international market is a top priority. Dongguan Yinyin Magnetic Material Co., Ltd. is a typical representative of high-precision magnets manufactured in China. It is a high-tech enterprise specializing in the production, processing, sales, and related product research and development of permanent magnetic materials. Currently, it mainly produces high-precision magnets. Strengthen the high-end line of permanent magnets. In short, only by taking the high-end technology industry route and proceeding from China’s actual national conditions, it is necessary to promote the development of China’s scarce resources industry, minimize the output of China’s cheap labor, and base itself on serving local customers and customers in order to compete in the fierce modern market. Neutral aspiration for lofty. No matter how pressing the situation is, China's magnetic materials industry must always keep a clear head and high morale. Can not be intimidated by the immediate situation! Continuing to carry forward the spirit of the Chinese people who are not afraid of hardships, hardships, and hardships! We firmly believe that in the 21st century, the world’s strongest magnetic material industry must belong to China!

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