Hengdian Group DMEGC Magnetic Co., Ltd is specialized in the production and sales of magnetic materials. The product family covers permanent ferrite magnet, soft magnetic ferrite, other magnetic materials and batteries.
In 2006, the ferrite magnet yield of DMEGC amounted to 51,400 tons, with a global market share of 7.30%; the yield of soft magnetic ferrite reached 28,000 tons, taking a share of 12.35% in domestic market.
DMEGC is one of the largest producers and exporters of magnetic materials in China, and its direct export value achieved RMB599.9141 million, accounting for 48.03% of main business income. Ferrite magnet and soft magnetic ferrite are the main sources of revenue for the company. The two enjoyed 41% and 52% respectively in main business income of DMEGC in 2006.
Structure of Main Business Income of DMEGC by Product, 2006
Yield and Market Share of Products of DMEGC, 2003-2006