Ningbo Yuanchen New Material Co., Ltd.

Ningbo Yuanchen New Materials Co., Ltd., established in 2003, is recognized as a Specialized and Sophisticated SME and a National High-tech Enterprise. The company hosts a Municipal Key Research Institute, a Provincial High-tech Enterprise R&D Center, and a Provincial Enterprise Research Institute platform. It employs over 50 R&D personnel, with dedicated R&D equipment originally valued at more than RMB 21 million and a dedicated R&D floor area of 1,100 m². In 2024, the company was listed on the Ningbo Equity Trading Center. It has established a long‑term industry‑university‑research strategic cooperation with the Ningbo Innovation Institute of Beihang University, set up a doctoral innovation workstation, co‑built a joint laboratory, and founded a technology incubation company.

The company currently holds 13 authorized invention patents and 37 utility model patents, with 11 patents filed for patent-intensive products. It has participated in the formulation of 4 national standards and 2 group standards. Four of its products have been certified as Provincial Industrial New Products, with related technologies reaching advanced domestic and international levels, contributing to domestic substitution and strengthening the industrial supply chain.

In recent years, the company has achieved remarkable results in product technology development. Its high‑performance NdFeB magnets for inverter air‑conditioner compressors have been awarded the “Zhejiang Made” certification ...