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Ningbo Xinlin Magnetic Industry Co., Ltd.

Development Journey

1999

Ningbo Hongwei Hardware Factory is established, primarily engaging in the processing business of monocrystalline silicon materials.


2002

The company has expanded its operations to include slicing and selling ferrite and samarium-cobalt materials.


2004

Ningbo Jiangbei Weijin Industry & Trade Co., Ltd. has been established, focusing on the slicing and manufacturing of neodymium-iron-boron products.


2005

Establish a Research & Development Department and a Capability Center to strengthen the company's R&D capabilities.


2007

Ningbo Jiangbei Xinfeng Abrasives & Tools Factory is established, primarily engaged in the production and sales of diamond tools, including electroplated diamond grinding wheels and cutting discs.


2009

Establish a company testing center and upgrade the testing equipment.


2010

The company has brought in external funding, increased its investor base, and is implementing a shareholding restructuring.


2011

Weijin Industry and Trade Company Achieves ISO9001:2008 Quality System Certification


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