Hengdian Group DMEGC magnetic limited company is a shareholding system enterprise which was initiated by Hengdian Group on March 30 th 1999 and united with other 4 enterprise legal persons together. It is a large first-grade technically leading corporation at the national level which integrated production, plan & management, scientific research, development and information service. The corporation has become the largest production base of hard ferrite magnet in the world and soft ferrite cores in the country. Meanwhile it is the biggest taxpayer in Jinhua area. As the advertisement: “ the products of DMEGC appears around you unconsciously ” , it has been widely used in the fields of electric appliance, automobile, computer, and communication.

The DMEGC magnetic Ltd. is a high technology enterprise which has been approved by Chinese Academy of Sciences and Chinese Ministry of Science and Technology. Besides, the corporation set up the unique National Post-doctoral R&D Station among all national magnetic material manufacturers. Moreover it is the first enterprise which is certified with the ISO9001 and QC9000 among all the magnetic manufacturers in China. And in January of 2003, the corporation has passed ISO9001: 2000 and GB/T19001-2000 again. Also in 2004, the “ DMEGC ” brand magnetic material was chosen as the “ Chinese Famous Product ” and “ National Products Exempt from Inspection ” by General Administration of Quality Supervision, Inspection and Quarantine of People ' s Republic of China. Its products export to EU, USA, Turkey, Malaysia, Hongkong Special Administrative Region, and Taiwan region in vast amount. At the same time its international market share is boosted increasingly and stably.