Company Profile

Ningbo Yunsheng

Country

Entity

Public

Ticker

600366

Overview

About Ningbo Yunsheng

Ningbo Yunsheng Co., Ltd. is a Chinese rare earth permanent magnet manufacturer headquartered in Ningbo, Zhejiang Province, and listed on the Shanghai Stock Exchange (SSE: 600366) since October 2000. A downstream supply-chain player, the company specializes in the research, development, manufacture and sale of rare earth permanent magnet materials, producing sintered and bonded neodymium-iron-boron (NdFeB) magnets along with magnetic assemblies such as permanent magnet radiation rings, flat rotor assemblies, laminated steel assemblies and high-speed precision rotor assemblies. With raw block production bases in Ningbo and Baotou and an annual production capacity around 26,000 tonnes of magnet blanks, it ranks among the world’s largest producers of rare earth permanent magnet materials. Ningbo Yunsheng serves the automotive, aerospace, information storage, mobile intelligence and industrial motor markets, and by the end of 2024 had secured over 100 invention patents in rare earth permanent magnet materials through independent research and development.

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