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Established in 1998 in Ningbo, China, ZHAOBAO MAGNET has grown into a leading magnet manufacturer with three production bases and an engineering team of over 620 members, and has been honored as a National Manufacturing Champion Enterprise by MIIT. Guided by our core values of Integrity, Innovation, Collaboration, and Endeavor, we drive technological breakthroughs in the sustainable magnet industry.

 

Our pioneering Grain Boundary Diffusion technology significantly reduces dependency on heavy rare earth elements (HREEs) like Dy, Tb, and Gd, culminating in the development of the world’s leading HREE-free permanent magnet series. Our Permanent Magnet Engineering Center, co-established with the Chinese Academy of Sciences, serves as a hub for cutting-edge research. ZHAOBAO's innovations empower clients in over 60 countries across industrial automation, automotive systems, EV powertrains, clean energy solutions, medical devices, smart wearables, industrial/humanoid robotics, aerospace, and other smart & lightweight applications. We operate a complete production chain and a robust quality assurance system, holding certifications including IATF 16949:2016, ISO 14001:2015, OHSAS 18001:2007, and SA 8000:2014.

 

The 2025 smart production base, jointly built with China Northern Rare Earth (the world’s top rare earth supplier), boasts an annual production capacity exceeding 11,000 metric tons of high-performance NdFeB magnets, accelerating sustainable development in the global permanent magnet industry.


OUR HISTORY


1998: The founder, Mr. Chen Wei, founded ZHAOBAO MAGNET

2002: Became the largest supplier of electric bicycle motor magnet in China

2003: Our magnets were used for elevator motors

2005: Started the research of magnets for electric vehicle

2006: Was awarded to be Hl-TECH enterprise

2007: GotlSO/TS 16949 certificate; Entered into the application of wind turbine

2008: N35AH was awarded the prize of "National New & Key Product"

2009-2011: Won Prize of “Ningbo Scientific & Technological Enterprise”consecutively

2012: Became the largest supplier of elevator motor magnet in China; Got the “First Prize of Ningbo Science and Technology Progress Award”

2013: Introduced the ERP management system

2015: Introduced the Product Automatic Detection system

2016: New factory in Guizhou Zunyi was established

2017: Second Phase of ERP system started; Production and Operation Process was further optimized

2018: New Surface Treatment Center Automatic Production Lines were established

2019: Realized the Volume Production of grain boundary diffusion(GBD)to raise cost performance for customer

2020: Established 5G+ Industrial Internet Smart Factory

2021: Restructuring of Shareholding structure, initiating IPO plan

2022: Construction of 8,000 tons of new factory

2023: Standardize team building, preparing for IPO