Chairman
Once featured on *Time* magazine's list of the 100 Most Influential People in the World, he was recognized as one of the 100 Outstanding Private Entrepreneurs over the 40 Years of Reform and Opening Up, named among China's 50 Most Influential Business Leaders, and included in Asia's Top 100 Business Figures list, among other prestigious honors.
In 2018, he was named on the "List of 100 Outstanding Private Entrepreneurs Celebrating 40 Years of Reform and Opening-Up," jointly selected by the Central United Front Work Department and the All-China Federation of Industry and Commerce. He was also recognized as the "China Economic News Figure of the Year" in 2019 and, in the same year, featured on Forbes magazine's "Global Business Leader of the Year" list.
曾入选 *Time* magazine's list of the 100 Most Influential People in the World, was recognized as one of the 100 Outstanding Private Entrepreneurs over the 40 Years of Reform and Opening Up, named among China's 50 Most Influential Business Leaders, and featured on Asia's Top 100 Business Figures list, among other prestigious accolades.
In September 1991, Huawei rented the third floor of the Haoye Village Industrial Building in Bao'an County, Shenzhen, to set up a facility for developing programmable exchange switches. More than 50 young employees followed Ren Zhengfei to this dilapidated factory building, embarking on their challenging and uncertain entrepreneurial journey. They divided the entire floor into four main work sections—single-board assembly, power supply, comprehensive testing, and preparation—along with additional spaces for storage and a kitchen. Amidst the scorching heat of the machinery, employees worked tirelessly around the clock, sweating profusely as they designed and fabricated circuit boards, assembled call terminals, soldered components, wrote software, and meticulously tested, tweaked, and retested their prototypes. Under these demanding conditions, Ren Zhengfei made nearly daily visits to the site to oversee production and track development progress. He regularly convened meetings to discuss the obstacles they faced, assigning tasks and coordinating efforts to tackle a wide range of issues. Even during meal times, Ren Zhengfei and company leaders would join everyone at nearby food stalls for casual, communal meals.
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Achievements and Honors
About Us
Ningbo Xinlin Magnetic Industry Co., Ltd. is a technology-driven, innovation-focused enterprise specializing in the research, development, production, and sales of high-performance permanent magnet materials. Located in the picturesque Ningbo Yinzhou Industrial Park, the company boasts a facility spanning 21,000 square meters and employs 120 dedicated staff members. With an annual production capacity of 1,200 tons of high-performance magnetic materials, it stands as one of the key manufacturing enterprises in Ningbo’s new materials sector under the "Made in China 2025" initiative.
The company boasts advanced manufacturing technologies, along with robust capabilities in the production and R&D of high-end products. Its products are widely used across various industrial sectors, including telecommunications, automotive, servo motors, and computing—and particularly excel in the field of high-precision, custom-shaped magnetic steel components, where the company holds a leading position in both technological expertise and production capacity. Guided by a commitment to technological innovation, energy efficiency, and sustainability, we are dedicated to collaborating with partners at home and abroad to co-create a brighter future together.
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Corporate Service Experience
Branch Office Localization Services
Offering one-on-one professional services
Serving corporate clients
Service Sector
Manufacturing enterprises above designated size,Large-scale service industry
Strategic Partner
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