Ningbo Yunsheng Co., Ltd. has been engaged in the research, development, manufacturing and sales of rare earth permanent magnet materials since 1995 and is a national high-tech enterprise. The company has a blank production base in Ningbo and Baotou. It has an internationally first-class magnetic steel billet production, mechanical processing and surface treatment production line. It has an annual production capacity of 21,000 tons of billets. It is the world's largest rare earth permanent magnet material manufacturer. one. The company was listed on the Shanghai Stock Exchange in October 2000 (stock code "600366").

The company relies on advanced equipment to ensure product quality. By increasing technological innovation, it continuously improves the process and equipment of rare earth permanent magnet materials, becoming one of the few enterprises in China that masters the entire set of equipment manufacturing of rare earth permanent magnet materials, so that the quality consistency of the main products is achieved. International advanced level. As of the end of 2022, the company has obtained 94 invention patents and 24 utility model patents in the field of rare earth permanent magnet materials through independent research and development, and has successively completed 5 national 863 projects; the company's R&D projects have successively won the second prize of National Science and Technology Progress Award. 2 items, 1 first prize for science and technology progress in Zhejiang Province, and 5 first prizes for science and technology awards in Ningbo City. The industrialization project of high-performance rare earth permanent magnet materials has been rated as a major national scientific and technological achievement transformation project.

The company is an enterprise with significant influence in the industry, with VCM Magnetic Steel Division, New Energy Vehicle Magnetic Steel Division, European Magnetic Steel Division, Consumer Electronics Industry Department, Industrial Motor Industry Department, America Industry Department, Magnetic Component business department, bonded magnet company, material manufacturing department, GBD manufacturing department, Baotou Strength Magnetics, Materials Research Institute, etc., are committed to developing European, American, Asian and domestic markets, and have established strategic cooperative relations with many internationally renowned enterprises. The products are widely used in automobiles, aerospace, information storage, mobile intelligence, industrial motors, servo motors, medical care, white goods, high-end audio and other fields.