Chengdu Galaxy Magnet Co., Ltd was reformed in 2001 from the former Chengdu Galaxy New -Type Compound Material Factory founded in 1993. After ten years continuous development, Galaxy has wedged successfully into the three positions in the line of bonded NdFeB magnet in the world, and annual production capacity reached over 1000 tons, nearly to 60 millions pieces bonded magnets. The employee number is now 1200 or so, the area over 250 Mu, total assets more than 270 millions Yuan.

Galaxy specializes in all kinds of bonded NdFeB magnets, which apply widely in HDD, CD-ROM,DVD spindle motor, stepping motor, DC motor, brushless motor, starting motor, etc. The main raw materials are purchased from Magnequench International,Inc. Most magnetS are exported to developed countries and areas like Japan, South Korea, Taiwan, Europe and America, and main customers are Nidec, JVC, Sony, Mitsumi, LG, Moatech, Delta, SAIA-Burgess, etc.