Established in 1988, Zhengmin Group is specialized in the development and production of Anisotropic Ferrite Magnet, Isotropic Ferrite Magnet, ceramic shafts and NdFeB Magnet. It is also the first manufacturer of Anisotropic Ferrite rotor magnets in the Chinese market.
The accessories supplied by Zhengmin are adopted extensively in aquatic sinking pumps, filters, horticultural fountain motors and drain pump used in washing machines. In China, Zhengmin provides domestic aquatic equipment manufacturers with Anisotropic Ferrite rotor magnet accessories and its market share exceeds 85% for eight years in a row.
Today, Zhengmin Group, being the largest Anisotropic Ferrite rotor magnet manufacturer in Asia, boasts a staff of over 1200 and three factories with the area amounting to 130,000 square meters. Situated in Zhongshan, Zhengmin Hi-New Magnetic-Electrical Co., Ltd. is the major production base for product exportation. Since 1993, Zhengmin has been exporting rotor magnets to over 20 countries and regions including some European, American and Asian countries. In 2005, Zhengmin achieves annual outputs of magnets and ceramic shafts reaching 56 million pieces and 6 million pieces separately.
Zhengmin group goal is to become the world's largest Anisotropic Ferrite rotor magnets manufacturer in future.