We are thrilled to announce the commencement of construction for HVR MAG’s new state-of-the-art manufacturing plant. This landmark occasion marks a significant step forward in our commitment to innovation and excellence in the magnetic solutions industry.
With a total investment of 150 million RMB and spanning an impressive 37 acres of land, the facility is slated to encompass approximately 20,000 square meters of advanced infrastructure. The project aims to establish a modern industrial base integrating intelligent production workshops, a research and development center, inspection and testing facilities, as well as a range of production and lifestyle support amenities.
Scheduled for completion in June 2026, this initiative underscores our dedication to enhancing manufacturing capabilities and fostering technological advancement in electro permanent magnetic solutions. The new facility will not only expand our production capacity but also reinforce our position as a leader in the industry, delivering cutting-edge solutions to meet the evolving needs of our global clientele.
Stay tuned as we embark on this transformative journey towards a future of innovation, efficiency, and sustainable growth. Together, we are shaping the future of magnetic technology.