CertifiedBusiness Type: Manufacturer/Factory & Trading Company CertifiedR&D Capacity: ODM Service Available & OEM Service AvailableExport Year: 2019-07-04 CertifiedNearest Port: Ningbo Port, Shanghai PortAverage Response Time: ≤3.51h CertifiedTerms of Payment: LC, T/T
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SummaryNingbo MGT Magnetism Co., Ltd. is a specialized supplier of Neodymium iron boron magnets, established in 2018 in Zhejiang, China. The company operates over 10 production lines with a strong annual production capacity of 80,000 tons. They have a significant export focus, with 51% to 70% of sales from exports, primarily to Europe and North America. Despite no certifications mentioned, the company boasts a rich history in the magnet industry since 2006 through its subsidiary. The company handles transactions primarily via FOB and CIF terms and accepts payments through LC and T/T methods.
Supplier typeNingbo MGT Magnetism Co., Ltd. is a combined entity operating as a limited company in China, specializing in magnets.
CertificationsThe supplier does not hold any management system certifications.
R&D capabilityThe company has been involved in the magnet industry since 2006 and can develop a variety of special-shaped magnets, indicating some level of innovation capacity.
Production capacityThe supplier has a robust production capability with over 10 production lines and an annual output of 80,000 tons of neodymium magnets.
Customization capabilityThe company specializes in custom magnets and offers various types, including block, arc, and ring magnets.
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