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2003
Established Ningbo Daxie Development Zone Yinxin Magnetic Industry Co., Ltd., the factory was moved to Ningbo Daxie Development Zone, and a new factory was built. The factory covers an area of more than 25,000 square meters and the plant area reaches more than 20,000 square meters.
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2006
Established a supporting electroplating company, located in Zhenhai District, Ningbo, with a factory area of 33,000 square meters (50 acres) and an annual output value of more than 500 million yuan. In the same year, it cooperated with internationally renowned high-tech companies to become the first tier one supplier in the magnetic materials industry.
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2008
Passed ISO / TS16949 quality management system certification. Passed the first batch of Ningbo Cleaner Production Enterprise Certification and National Standardization Production Enterprise Three Level Certification for the first time.
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2009
Passed ISO14001 environmental management system certification.
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2011
The automatic transformation of electroplating production line is the first in China. Improved production efficiency and product quality, and promoted the level of automated production throughout the industry.
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2013
The industry's first batch of introduction of automatic detection equipment for appearance and size of NdFeB products promoted lean management of product quality in the industry.
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2016
Successfully developed N55 series high-performance neodymium-iron-boron magnetic materials; meanwhile, it introduced the first batch of automated magnetization and packaging equipment in the industry to improve production efficiency and meet customers' potential expectations.
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2017
Realize the automatic technical transformation project of the molding press, and improve the level of automatic molding production.
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2018
Obtained three national invention patents and completed the construction of 4 automatic production lines for Zhenhai Plating in the same year.
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2019
it won the national advanced Technology Enterprise certificate; in the same year, five automatic production lines of Zhenhai electroplating workshop were put into operation.
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2020
a multi line processing workshop will be built; in the same year, six automatic production lines in Daxie electroplating workshop will be upgraded and put into operation.
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2021
The construction of 9 fully automated intelligent production lines and supporting water and gas treatment devices, as well as automated chamfering devices for Daxie electroplating has been completed and put into production.
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2022
Obtained ISO45001 system certification at the beginning of the year.In June, the expert group acceptance work for the "Automation (Intelligent) Production Line Transformation Project of Rare Earth Permanent Magnet Material Surface Treatment" was completed. In September, it was certified as a national military standard, and in December, it was re evaluated and recognized as a high-tech enterprise and certified as a "Made in Zhejiang" product standard.