HPMG, noted as a "National Key High-tech Enterprise" involve in the R&D, production and sales of magnetic materials and devices. With a registered capital of 100 million yuan, HPMG covers an area of 140.000 square meters, Over 25 scientists, 230 engineers and a about 500 production staff. The annual output of AlNiCo accounts for 40% of world's total production, 2000T/yr of NdFeB, over 1000T/yr of SmCo and a hundred million of magnetic devices.