Chengdu Galaxy Magnets Co.,Ltd. (300127.SZ) Stock

About Chengdu Galaxy Magnets Co.,Ltd.

Chengdu Galaxy Magnets Co.,Ltd. operates globally, specializing in the manufacturing and distribution of various magnetic products. Its offerings include bonded neodymium-iron-boron (NdFeB) magnets, which serve as essential components in automotive and hard disk drive motors, water and oil pumps, power tools, office and home appliances, and sensor and encoder systems. The company also supplies hot-pressed NdFeB magnets, primarily utilized in automotive engines, power tools, servo motors, and small precision brushless motors. Furthermore, Chengdu Galaxy Magnets produces samarium-cobalt magnets, highly valued for their application in challenging sectors such as aerospace, defense and military electronics, microwave technology, communication equipment, and medical devices. These magnets also feature prominently in automotive systems, magnetic pumps, instruments, sensors, and high-performance motors. The product range extends to injected plastic-bonded magnets, designed for use in household appliances, the automotive industry, office machinery, 3C (Computer, Communication, Consumer Electronics) products, and numerous other fields. Completing its portfolio are magnet assemblies, offered in both glued and plastic-injection formats. This enterprise was founded in 1993 and maintains its headquarters in Chengdu, People's Republic of China.

Chengdu Galaxy Magnets Co.,Ltd. is led by CEO Zhijian Wu, employs 1,349 people, headquartered in Chengdu, CN, publicly traded since 2010.

over the past 52 weeks the stock has ranged between $21.42 and $43.50, and currently trades 42.5% below its 52-week high.

Official website: www.galaxymagnets.com