MAINRICH is a high-tech enterprise specializing in the development and production of magnetic materials and products. Established in Hong Kong in 1995, the market has undergone continuous exploration and development. In order to better serve the market, production plants were built in Zhongshan, Shunde, and Shanxi, Guangdong, and R&D centers were built in Shenyang from 1995 to 2010. The total area of the plants was 120000 square meters, with 18 automatic production lines, supporting all processes and equipment such as vacuum rapid solidification, hydrogen treatment, steam flow grinding, magnetic field forming, and vacuum sintering.

Based on the characteristics of China's neodymium iron boron process, the company has continuously increased investment in research and development since 1999, and has developed process and equipment technologies with independent intellectual property rights, keeping the company's production technology and equipment at a leading level. The company's main product segments include neodymium iron boron, ferrite, aluminum nickel cobalt, samarium cobalt, rubber magnetic, etc., which can be widely used in industries such as aviation, automobiles, transportation, electronic devices, medical treatment, toys, electrical appliances, etc.

At present, the company's products have entered the high-performance product application market: elevator traction magnets, high-speed rail magnets, automotive supply chain, energy-saving motors, and other markets. With the rise of rare earth materials, in order to improve the utilization rate of rare earth elements and reduce the amount of heavy rare earth elements, the company is designing a new production line with an annual production capacity of 1000 tons, which adopts the technology of saving dysprosium and permeating dysprosium, alloy sheet permeating metal, and device permeating metal. Further enhance the competitive advantage of the company's products.