Hunan Aerospace Magnet & Magneto Co., Ltd is large-sized enterprise specializing in research and production of magnetic material. Its main products are ferrite magnet for motor, ferrite magnet for loudspeaker, sintered NdFeB, Bonded NdFeB and motor housing assemblies. The products are widely used in aeronautics and aerospace, automotive industry, electronic information, household appliance, fitness equipment, office equipment, turbine industry and medical devices etc. With eight professional manufacturing factories and one R&D center-----China Aerospace Magnetic Material Research and Development Center, the company now has an annual production capacity of 28000 Tons and ranks in the first three leading magnetic material manufactures in China. In terms of technology, the company has strong advantage in research of high property magnetic material and manufacturing process. A lot of patents have been obtained. The company also has established a sound quality assurance system and environment management system. Since 1998, the company has been subsequently certified with ISO9001, TS16949 and ISO 14001 which ensure good and reliable product quality. "Spacemagnets" becomes the brand of top grade magnet and customer's first choice. The products are mainly sold to European and American market. The company has been long term supplier for many world famous Tier 1 automotive parts manufacturers. Beside, the company has been continuously introducing new machines with advanced technology and high degree of automation. In the newly-constructed Aerospace New Material Industrial Park which is 210, 000 square meters, some new machines are running. This will provide board space for company's development.