Southwest China Institute of applied magnetism in order to play its technology the advantages of magnetic West of Mianyang science and technology development company, founded in 1994, belong to the development group. the company is mainly engaged in rare-earth permanent magnetic materials and devices, soft magnetic materials and devices, microwave ferrite materials and devices, magnetic instruments and equipment development and production of Research Office of the Department of permanent magnet materials and permanent magnets formed enterprise owned by the productive sector.

company is the National Sentinel study on magnetic sexual materials and devices of high-tech enterprises, is the largest production base of the magnetic material research.