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Hengdian Group DMEGC Magnetics Co 002056.SZ · CNY

Information Technology · Shenzhen · 🇨🇳 China

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17.00

-1.68%

Close of 9 Nov 2026, in CNY

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About Hengdian Group DMEGC Magnetics Co

Its shares trade on Shenzhen under the ticker 002056.SZ. It has been listed since 2 August 2006. In the fiscal year to 31 December 2025, it reported revenue of CN¥22.48bn and net income of CN¥1.85bn. At that date it held total assets of CN¥27.67bn and shareholders' equity of CN¥10.63bn.

Hengdian Group DMEGC Magnetics Co., Ltd. engages in the . The company is headquartered in Jinhua, Zhejiang. The company went IPO on 2006-08-02. The firm's main products include permanent magnetic ferrite, soft magnetic ferrite, solar cell panels and other magnetic materials, rare earth materials, battery products, photovoltaic products, chassis products, moulds, gas, purifiers, new energy batteries, plastic magnetic products and others. The firm distributes its products within domestic market and to overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Listed since
2 Aug 2006
Employees
16,121

Leadership

Pay as last reported

  • Mr. Hailiang RenChairman of the Board, since 2017CN¥2.5m
  • Mr. Jian GuoChief Financial OfficerCN¥837,500
  • Mr. Yue HeGeneral ManagerCN¥1.5m
  • Ms. Xueping WuDeputy General Manager, Secretary of the BoardCN¥937,500
  • Mr. Shuai GuoDeputy General ManagerCN¥914,400
  • Mr. Xiaodong GuoDeputy General ManagerCN¥1.4m
  • Mr. Zhenyu HeDeputy General Manager
  • Mr. Tiangao HuDirector
  • Mr. Baoping LiDirector, since 2022
  • Mr. Wencai XuDirector
  • Mr. Rui JiaIndependent DirectorCN¥100,000
  • Ms. Yan LuIndependent DirectorCN¥100,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
84
Environment
98
Social
87
Governance
68
Direct emissions (scope 1)
86,043.98 t
Energy emissions (scope 2)
529,055.82 t
Women in the workforce
43.9%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Hengdian Group DMEGC Magnetics employs 16,121 full-time employees in Jinhua, China.
  • The company produces permanent magnetic ferrite and soft magnetic ferrite for global markets.
  • Hengdian Group DMEGC Magnetics offers solar cell panels and photovoltaic products in the Information Technology sector.

Weaknesses

  • Hengdian Group DMEGC Magnetics has no overseas manufacturing facilities listed in the facts.
  • The company's product range includes rare earth materials with potential supply chain risks.
  • Hengdian Group DMEGC Magnetics relies on domestic market distribution for most products.

Opportunities

  • Hengdian Group DMEGC Magnetics can expand solar cell panel sales in the growing photovoltaic market.
  • The firm can leverage its rare earth materials expertise for new energy battery development.
  • Hengdian Group DMEGC Magnetics can increase overseas market presence for magnetic materials.

Threats

  • Hengdian Group DMEGC Magnetics faces competition from other Chinese Information Technology firms.
  • The company's reliance on domestic market distribution may limit growth opportunities.
  • Hengdian Group DMEGC Magnetics must navigate potential regulatory changes in the Electrical Equipment industry.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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