Magpanda is a specialized manufacturer and trading company based in the seaport city of Ningbo, China. Established in the early 2000s, the company has grown to employ between 101 and 200 professionals and operates its own factory facilities. Magpanda is a leading provider of high-performance magnetic solutions, specializing in the production of Sintered NdFeB, Sintered SmCo, Cast Alnico, Hard Ferrite (Ceramic), and Bonded NdFeB magnets. These products serve critical roles in various industries, including VCM, MRI, motors, electronics, sensors, and loudspeakers. Beyond industrial components, the company offers a diverse range of magnetic products such as magnetic toys, tools, fridge magnets, and magnetized water conditioners, maintaining an extensive inventory of over 10,000 stock lines. Backed by R&D expertise through collaboration with domestic permanent magnet research institutes, Magpanda provides comprehensive engineering and design services for magnetic systems to assist in client product development. The company serves a global market, positioning itself as a major supplier of permanent magnets and magnetic assemblies for both industrial and daily use applications.
Shenzhen Oriental-Panda Magnetoelectric Products Co., Ltd. is a contract manufacturer based in Shenzhen, China, specializing in the design, research, development, and sales of magnetic products. Established in 2014, the company employs 11 to 50 people and generates over 100 million USD in annual revenue. They are recognized as a rare earth permanent magnet manufacturer offering a complete range of varieties and high-performance products, including sintered NdFeB magnets, sintered samarium cobalt magnets, sintered AlNiCo magnets, cast AlNiCo magnets, ferrite, and rubber magnets. These magnets are widely utilized across diverse industries such as aviation, electronics, mechanical, instrumentation, toys, handbags, medical equipment, and maglev applications. With a strong production and sales network, including extensive magnet production bases in China, Shenzhen Oriental-Panda Magnetoelectric Products Co., Ltd. exports to over 20 countries and regions, including America, France, and Australia, with an export percentage of 71% to 90%. The company holds its own export license and is committed to continuous new product development and innovation.
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