On September 21, 2022, Hong Hupeng, Deputy Secretary of Huzhou Municipal Party Committee and Mayor, led a team to visit Zhejiang Sheensen Magnetics Technology Co., Ltd (hereinafter Sheensen Magnetics).

Sheensen Magnetics is a national "Specialized and New" enterprise, focusing on the R&D and manufacture of high performance rare earth permanent magnets, and its products are widely used in new energy vehicles, industrial automation, wind turbine generators, national defense and aviation, air conditioner compressors, communication equipment and other fields. With the explosive growth in market demand, the company is actively expanding its production capacity.

Mayor Hong Hupeng expressed his affirmation of Sheensen Magnetics’s insistence on innovative development and vigorous market exploration, and encouraged Sheensen Magnetics to base on its own advantages, maintain strategic determination, accelerate the pace of entering the capital market, and achieve better and faster development.

Mr. Yan Xiangling, President of Sheensen Magnetics also said that Sheensen Magnetics will grasp the opportunity of the development of the industry in the era, increase the innovation, improve the internal control ability, and achieve a greater breakthrough of the enterprise!