Ningbo Zhaobao Magnet starts construction of new magnet plant

Ningbo Zhaobao Magnet held a commencement ceremony for a new plant on October 28, 2022. The plant covers 50,000 square meters, with an investment of 350 million CNY (50 million USD) and an annual capacity of 5,000 tons.

“Oct. 28th, 2022, a grand commencement ceremony was held for our new plant, which takes up 50,000 square meters.”zhaobao-magnet.com

• 1 source
• zhaobao-magnet.comNew plant with annual capacity 5,000 tonsNov 1, 2022

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