Tianjin Yiyang Magnetic Materials Co., Ltd is a high-tech enterprise specialized in the development production and marketing of magnetic material and its application product. It was established in 2009,with the investment of RMB one billion Yuan. It has built a new plant in the Special Purpose Vehicle Industrial Park in Ji County,Tianjin City, covering an area of 120000 square meters and building area of 60,000 square meters, with the annual output of rare earth permanent magnet material and its auxiliary products of 6,000 tons.In addition, Tianjin Yiyang has established the surface treatment plant and machining centers with the annual processing capacity of 3,500 tons and the equipment includes 1,000 sets of inside diameter slicer,260 sets of wire cutting equipment, 300 sets of punching machines, 100 sets of various grinders; we plan to add precision CNC machining centers and product technology R & D center in 2012 to process all kinds of nickel, zinc, copper, nickel, nickel copper, nickel and other products according to customer demand.