Good News: Baotou Ketian Magnetic Industry Successful Trial Production

On November 21st, Baotou Ketian Magnet successfully put into a trial production, and the chairman Mr. Lou led executives to attend and successfully complete the ribbon cutting ceremony. As one of the important strategic layouts of the company's 14th Five Year Plan, the first phase of the project is to achieve an annual production capacity of 4000 tons of NdFeB magnets, which will effectively promote the planning and layout of whole company, connect the upstream supply chain, achieve dual base operation, and finally increase volume.

Group president Mr. Fu, general manager Mr. Xu and Mr. Ni delivered speeches, expressed their intention to fully leverage the strategic advantages of the Baotou base and devote to being a benchmark and business card in the NdFeB industry.

Mr. Lou congratulated the successful trial production of the project and put forward two expectations for the whole team: first, to adhere to the spirit of entrepreneurship and innovation, effectively organize production, achieve production and standards asap, leverage the resource advantages of Baotou base to build its core competitiveness; Secondly, it’s necessary to keep in mind, with long-term vision, to initiate the planning and construction of the second phase with higher requirements and standards. We must adhere to high-level development and build a first-class brand.

Mr. Lou also hopes that all cadres and employees in Baotou will continue to carry forward the corporate spirit of "seeking change every day, never being complacent, daring to compete, and pursuing excellence", follow and practice the enterprise management of "TTCA" to make greater contributions to the group's strategic goals!