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Sinomag Technology Co 300835.SZ · CNY

Industrials · Shenzhen · 🇨🇳 China

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109.70

+0.61%

Close of 9 Nov 2026, in CNY

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About Sinomag Technology Co

Its shares trade on Shenzhen under the ticker 300835.SZ. It has been listed since 25 May 2020. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.29bn and net income of CN¥168.5m. At that date it held total assets of CN¥2.55bn and shareholders' equity of CN¥1.22bn.

Sinomag Technology Co., Ltd. engages in the research, development, production, and sale of new functional materials for permanent ferrite and soft magnetic products. The company is headquartered in Hefei, Anhui. The company went IPO on 2020-05-25. Its main products are wet-pressed magnetic tiles, commutators and other products, which are mainly used in the automotive, motorcycle and frequency conversion home appliance industries. The firm also provides outsourced processing products such as plastic magnets, rubber magnets, magnetic tiles and magnetic rings. The firm distributes its products in domestic and to overseas markets.

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

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
25 May 2020
Employees
2,069

Leadership

Pay as last reported

  • Mr. Yonghong XiongChairman of the Board, since 2007CN¥1.9m
  • Mr. Yuping LuChief Financial Officer
  • Mr. Zhenhua WangChief EngineerCN¥450,400
  • Mr. Yongge XiongGeneral Manager, Director, since 2007CN¥1.9m
  • Mr. Jiaguang FengDeputy General Manager, Secretary of the BoardCN¥325,700
  • Mr. Yanao XiongDeputy General Manager, Director, since 2013CN¥545,100
  • Mr. Xudong ZhuDeputy General Manager, Director, since 2022CN¥504,000
  • Mr. Dongsheng HeDeputy General ManagerCN¥460,600
  • Mr. Ruiguo CaoIndependent DirectorCN¥60,000
  • Mr. Jiemiao ChenIndependent DirectorCN¥60,000
  • Mr. Yi ZuoIndependent DirectorCN¥60,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

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

AI-generated

Strengths

  • Headquartered in Hefei, Anhui with 2,069 employees
  • Offers research, development, production, and sale of new functional materials
  • Main products include wet-pressed magnetic tiles and commutators for automotive and appliance industries

Weaknesses

  • Relies on outsourced processing for products like plastic magnets and rubber magnets
  • Limited product diversity with focus on specific magnetic materials
  • Dependent on automotive, motorcycle, and frequency conversion home appliance industries

Opportunities

  • Expansion into overseas markets for product distribution
  • Growth potential in automotive and appliance sectors
  • Potential for new product development in magnetic materials

Threats

  • Competition in the magnetic materials industry
  • Economic fluctuations affecting automotive and appliance markets
  • Reliance on outsourced processing may increase costs

Sources and methodology

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

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