Chongqing Great Well Magnet Co.,ltd.
Chongqing Great Well Magnet Co.,ltd.
Company Profile
Main Markets
North America, Western Europe, Eastern Europe, Southeast Asia, South America, Worldwide, Eastern Asia, Middle East, Africa
Business Type
Manufacturer, Exporter, Seller
No. of Employees
750~850
Annual Sales
13000000-15000000
Year Established
1995
Export Percentage
70% - 80%
Introduction
Services
History
Team
Chongqing Great Well Magnet Co., Ltd. is a professional manufacturer and exporter focused on high-performance Ferrite magnets and NdFeB magnets, together with supporting accessories including plastic injection parts, stainless steel shafts, ceramic shafts and magnetization machines.
The company currently has 820 employees, among whom 70 are professional technical and management staff, supporting standardized production and stable quality control. Our products are widely used in washing machine and dishwasher drainage pumps, aquatic submersible pumps, start motors, electronic timers, controllers, frequency conversion motors, brushless DC motors and electronic meters.
We mainly export to Spain, the United States, Germany, India, South Korea and Taiwan, maintaining long-term and stable cooperative relationships with global customers.
We can do both OEM/ODM for magnet and magnet assembly.
1. For the magnetic assemby, you can share share the torque and other using condition, then we can design the parts for you, especially for magnetic coulpling.
2. For magnetic circuit, you can just share what kind of application and final use for the magnet, then we can design the magnetic circut for you.
1996: Company Establishment
The company was officially founded, marking the first step in exploring the magnetic materials industry and laying a solid foundation for subsequent development.
1998: Production Layout Expansion
In partnership with collaborators, the company established a ferrite factory, officially entering the magnetic materials production sector. Meanwhile, it achieved an impressive annual sales performance of 15 million US dollars (approximately 100 million RMB), demonstrating strong market competitiveness.
2003: Brand Upgrade and Renaming
The company was renamed Chongqing Great Well Magnet Co.,Ltd. With a refreshed brand identity, it further deepened its presence in the magnetic materials industry and clarified its development direction and market positioning.
2008: Strengthened Industrial Control
The company became the controlling shareholder of the ferrite factory, gaining dominant control over core production links and consolidating its industry status and influence in the field of ferrite magnetic materials.
2010: Product Portfolio Expansion
The company strategically invested in a neodymium-iron-boron (NdFeB) factory, becoming its shareholder and exclusive sales agent. This move formally expanded its business into NdFeB magnetic materials, enriching its product categories to cover a wider range of application scenarios.
2023: Embarking on a New Development Stage
Standing at a new developmental juncture, the company will leverage the advantages of its dual business segments—ferrite and NdFeB magnetic materials—to continue deepening its footprint in the magnetic materials industry and strive toward broader market and technological heights.
Our 402-strong workforce is led by a core team of 36 technical and management experts. Our 22 R&D engineers, with advanced degrees in materials science and 8+ years of industry experience, drive innovation in ferrite and NdFeB magnet technology.
Our 14 management professionals specialize in global trade, production operations, and quality assurance, with multilingual capabilities and certifications in international quality standards. Backed by skilled frontline technicians, we deliver precision-engineered magnetic solutions to clients worldwide, combining technical excellence with customer-focused service.
