Ningbo Co-star Materials Hi-tech Co., Ltd

Since being founded in ***4, Ningbo Co-star Materials Hi-Tech Co., Ltd. has been specialized in R&D and production of rare earth permanent magnets and assemblies, and is one of the few that produce both SmCo and NdFeB magnets. Through 8 years€™ great-leap-forward development, now Co-star owns two plants: one plant is for SmCo production, which covers an area of ****0 square meters including an area of ***0 square meters of factory building; the other plant is for NdFeB production, which covers an area of ****0 square meters including an area of ****0 square meters of the first phase factory building. Due to the advanced producing, machining and testing equipments equipped, it has annual production capacity of **0 tons of SmCo and ***0 tons of NdFeB, its fixed asset value exceeds RMB *0 million, and the turnover has been exceeding RMB **0 million for several years.

Integrity, innovation, and forward-looking are the foundation for building the company.Since being founded, Co-star has been following the guideline of being virtuous, sincere and trusty to manage the enterprise and market. Since being founded, Co-star has been taking the independent and collaborative innovation as the strategy of technology innovation. Co-star strengthens the ability of independent innovation by increasing the inputs on technical innovation, bringing in high level technology talents and combining the market demands. What€™s more, through the cooperation with the research institutions such as The Chinese Academy of Sciences, Ningbo Materials Technology and Engineering Institute, etc, Co-star improves the ability of researching and developing high-end products.