Zhejiang Runze Magnetic Co., Ltd. was established in April 2020 (the company was formerly known as Dongyang City Huisheng Electronics Co., Ltd. and was founded in 2006), with a registered capital of 10 million RMB, the company is located in Huxi Town, Dongyang City, Zhejiang Province, and it is an enterprise specialising in the research, development, production and sales of NdFeB products. The company has a professional management team, the main products are NdFeB magnets and its related supporting products, the company has advanced production equipment and technology, can produce a variety of specifications and shapes of magnets, the products are widely used in the automotive industry, electronic equipment, medical equipment, energy devices, etc., the market demand is large, the company and a number of enterprises to establish a long-term and stable relations of cooperation.