Located in Chenzhaiwang Industrial Zone, Tangxia Town, Ruian City, known as the "Capital of Auto Parts and Motorcycles in China," Ruian Guangfa Magnetoelectric Co., Ltd. has been focusing on the research and development and manufacturing of high-performance permanent magnet ferrite materials since its establishment in 2013. With its advantageous location north of Airport Avenue, east of Wenzhou Airport, and west of Wenzhou Railway Station, the company has developed into a national high-tech enterprise and a technology-based SME integrating R&D, production, customization, and sales.

Permanent magnet ferrite materials, as important basic functional materials, possess outstanding advantages such as high temperature resistance and low cost, and are widely used in automobiles, motorcycles, power tools, fitness equipment, aerospace, computers, home appliances, medical devices, and many other fields. Statistics show that by 2025, the sales volume of permanent magnet ferrite materials in my country had reached 692,500 tons, with a sales revenue of 12.811 billion yuan. As an important link in Ruian's auto parts and motorcycles industrial chain, Guangfa Magnetoelectric's products provide core magnetic components for automotive and motorcycle motors and industrial DC motors, effectively supporting the high-quality development of the local auto parts and motorcycles industrial cluster.

The company currently owns a factory building area of ​​6,000 square meters, equipped with 12 automatic magnetic tile grinding lines, 30 large-tonnage automatic hydraulic presses, and 2 fully automatic electrified sintering kilns, among other advanced production equipment. Adhering to the marketing tenet of "Quality First, Customer First, Service Satisfaction," and with the business philosophy of "Promoting Integrity as the Foundation," the company seizes market opportunities and continuously provides high-quality permanent magnet ferrite products to various industries.