Ningbo Yunsheng Co., LTD., a national high-tech enterprise, has been engaged in the research and development, manufacturing and sales of rare earth permanent magnet materials since 1995. The company has established 4 blank production bases in Ningbo, Baotou, Beijing and Qingdao, and has reached the international first-class level of magnetic steel blank production, mechanical processing and surface treatment production lines, with an annual production capacity of 10,000 tons of blank, is one of the world's largest rare earth permanent magnet material manufacturers. The company was listed on the Shanghai Stock Exchange in October 2000 (stock code: 600366).

The company relies on advanced equipment to guarantee product quality, and continuously improves the process and equipment of rare earth permanent magnet materials by increasing technological innovation. It has become one of the few Enterprises in China that have mastered the manufacturing of a complete set of rare earth permanent magnet materials, so that the quality consistency of its main products reaches the international advanced level. By the end of 2018, the company had obtained 84 invention patents and 60 utility model patents in the field of rare earth permanent magnetic materials through independent research and development, and completed five national 863 projects successively. The company's r & D projects have won two second prizes of national Science and Technology Progress award, one first prize of Zhejiang Province science and technology Progress Award, and four first prizes of Ningbo Science and Technology Award. The industrialization project of high-performance rare earth permanent magnet material was rated as the National Key Scientific and technological achievement transformation project, and YUNSHENG Brand Neodymium iron boron rare earth permanent magnet material was identified as the famous brand product of Zhejiang Province.

Company is an enterprise in the industry has significant influence, governs the VCM magnets group, mobile intelligent magnetic steel group, acoustic magnetic steel group, European magnetic steel division, electrical magnetic steel group, overseas magnetic steel division, magnetic components division, material manufacturing, baotou, strong magnetic, materials research institute, bonded magnet company, committed to the development of Europe, the americas, Asia and the domestic market, has established a strategic cooperative relationship with many international well-known enterprises, products are widely used in automotive, aerospace, information storage, mobile intelligent, industrial motor, servo motor, health care, white goods, senior audio, and other fields.