Recently, due to the overdue financial data and the need for supplementary submission, the IPO audit of Zhejiang Zhongke Magnetic Industry Co., Ltd. (hereinafter referred to as Zhongke magnetic industry) has temporarily changed to the “suspended” state. Zhongke magnetic industry is a manufacturer of permanent magnet materials. Its main products are sintered Nd-Fe-B permanent magnet materials and permanent magnet ferrite magnets.
The reporter of the daily economic news noted that in the field of permanent magnet ferrite magnets, the main competitors of China Science and technology magnetic industry include enterprises such as Hengdian Group Dmegc Magnetics Co.Ltd(002056) ( Hengdian Group Dmegc Magnetics Co.Ltd(002056) , SZ), while Hengdian Group Dmegc Magnetics Co.Ltd(002056) is the third largest supplier of the company in 2019 and the fifth largest supplier in 2020, with a purchase amount of 120867 million yuan and 144251 million yuan respectively.
