Introduction
NINGBO WEIHUI MAGNETIC INDUSTRY CO., LTD. (宁波伟辉磁业有限公司) is a Chinese industrial manufacturer based in Xiangshan, Ningbo, Zhejiang Province, focused on magnetic workholding and lifting equipment as well as related machine-tool accessories and magnetic processing products. Company listings and exhibition records describe it as a vertically integrated enterprise combining research and development, manufacturing, technical upgrading, sales, and after-sales service, with products used in machining, lifting, and industrial handling applications.
Founded in 1998, the company has been associated with products such as permanent magnetic chucks, electromagnetic chucks, magnetic lifters, magnetic separators, and related tooling, and it has presented these product categories at industrial exhibitions in China and abroad. Publicly available records also indicate that the company has been recognized as a technology-oriented small and medium-sized enterprise in Ningbo and has appeared on a high-tech enterprise list, suggesting an emphasis on process capability, product development, and manufacturing discipline.
History and development
The company’s public profile indicates that it was established in 1998 and later became formally registered in its current legal form in 2010. Over time, it moved from a regional manufacturer into an exporter serving markets in China and parts of Asia and Europe, with business listings noting export capability and an export license.
A few concrete development milestones stand out:
- 1998: Company origin attributed to the founding of Weihui Magnetic Industry in Xiangshan, Ningbo.
- 2010: Formal company registration as Ningbo Weihui Magnetic Industry Co., Ltd., with a registered capital of RMB 3 million.
- 2020–2023: The company appeared on Ningbo’s lists of technology-oriented small and medium-sized enterprises and a 2020 high-tech enterprise list, indicating continued formal recognition of its technical profile.
Exhibition records also show continued market visibility, including participation in industrial trade fairs such as DMP and international machinery exhibitions.
Business operations and positioning
The company is described in business databases as a manufacturer/factory with its own export license and an established foreign trade function. One listing reports more than 50 foreign trade staff, seven production lines, and annual output value in the range of US$10 million to US$50 million, although this figure should be treated as a self-reported marketplace estimate rather than audited financial disclosure.
Its registered business scope includes the manufacture and processing of magnetic machinery equipment parts, hardware, and plastic products, together with import and export of goods and technologies not subject to state restrictions. Industry classification data place the company in both general machinery-related manufacturing and magnetic-material-related activity, reflecting the overlap between machine-tool accessories and magnetic assembly products in its business model.
Products and technologies
The company’s public product information centers on workholding and material-handling magnetics rather than on raw magnetic materials alone. Its commonly cited product lines include:
- Permanent magnetic chucks
- Electromagnetic chucks
- Permanent magnetic lifters
- Magnetic separators
- Vacuum chucks
- Quick die-change systems
- Tapping and drilling accessories
- Grinding and vice-related fixtures
These products are typically used to secure ferromagnetic workpieces during machining, lift steel plates or components safely, or separate ferrous contamination from process streams. In practical industrial terms, such equipment matters because it can improve clamping stability, reduce setup time, and support safer handling in machine shops and fabrication environments.
The company also claims cooperation with academic institutions, particularly Zhejiang University, and describes a technically skilled workforce and ongoing product development efforts. That positioning is consistent with the requirements of this product category, where magnetic circuit design, holding force, demagnetization resistance, surface finishing, and mechanical precision all affect usability and performance.
Applications and end markets
Available sources indicate use across machining, metalworking, tooling, lifting, and industrial processing. The strongest evidence points to the following end-market areas:
- Machine-tool operations, especially milling, grinding, drilling, and tapping
- Metal fabrication and workshop tooling
- Industrial lifting and material handling
- Process separation, including magnetic separation of ferrous particles
- General manufacturing and export markets, especially in Asia and parts of Europe
Because the firm’s products are auxiliary industrial equipment rather than consumer goods, its demand is closely tied to factory investment cycles, machining capacity expansion, and broader trends in industrial automation and precision manufacturing.
Global presence and market reach
Public listings indicate that Ningbo Weihui Magnetic Industry exports to Asia and Europe and has appeared in trade-show directories and supplier platforms used by international buyers. One export-data source also shows customs activity connected to overseas trade, including shipments involving machine-tool parts.
The company’s presence in Ningbo is strategically relevant: Ningbo is one of China’s major manufacturing and export hubs, with strong logistics access through the port system and a dense industrial supply chain. That location supports the company’s export orientation and its participation in trade exhibitions serving machinery and tooling buyers.
Sustainability and environmental considerations
No detailed sustainability report or quantified emissions disclosure was identified in the supplied sources. However, the company’s product category has a clear indirect sustainability relevance: magnetic workholding and lifting equipment can support material efficiency, safer handling, and reduced setup waste in industrial operations by improving repeatability and reducing damaged workpieces.
At the same time, the company’s broader environmental footprint cannot be assessed from the available material. As with many industrial equipment makers, a fuller evaluation would require verified information on energy use, waste handling, coatings, and supply-chain practices.
Financial profile and economic significance
No audited financial statements were provided in the available sources. The most concrete size indicators are a registered capital of RMB 3 million, a reported workforce of fewer than 50 employees in one database, and another marketplace profile indicating a larger foreign-trade and production organization than the formal company-registration snapshot alone suggests. These differences likely reflect the limitations of third-party directory data and the fact that such databases may capture different time points or reporting methods.
Economically, the company contributes to the industrial tooling and auxiliary equipment segment of the plastics-and-machinery-adjacent manufacturing ecosystem, even though its core business is not plastics production. Its role is best understood as part of the wider network of machine-tool support equipment, which serves metalworking and advanced manufacturing supply chains.
Leadership and corporate governance
Public registration data identify Huang Weicheng as the legal representative and sole shareholder in one profile. The company is structured as a privately held limited liability company.
The available sources do not provide a detailed board structure or governance report. What is clear is that the business presents itself as founder-led, technically oriented, and centered on manufacturing and export execution.
Innovation and future outlook
The company’s future prospects are tied to demand for precision workholding, automation-compatible fixtures, and safe lifting solutions in manufacturing. Its emphasis on product development, university collaboration, and repeated appearance in technology-oriented SME lists suggests that it seeks to compete through incremental engineering improvement rather than scale alone.
Likely areas of continued relevance include:
- Electromagnetic and permanent magnetic workholding
- Quick-change tooling and fixture systems
- Magnetic separation equipment for cleaner process lines
- Export-oriented industrial supply relationships
- Customization for machine-tool and fabrication customers
Summary
Ningbo Weihui Magnetic Industry Co., Ltd. is a Ningbo-based industrial equipment manufacturer specializing in magnetic chucks, lifters, separators, and related machine-tool accessories. Founded in 1998 and formally registered in 2010, it operates as a privately held exporter with documented participation in trade fairs, technology-oriented SME recognition, and a manufacturing profile centered on magnetic workholding and industrial handling applications.
References
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CPS+ eMarketplace. (n.d.). NINGBO WEIHUI MAGNETIC INDUSTRY CO., LTD.NINGBO WEIHUI MAGNETIC INDUSTRY CO., LTD.. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1012661Link