A workshop owned by Baotou Hengyu Magnetic Source Technology Co, April 23. Based in Baotou Rare Earth High-Tech Industrial Development Zone, the tech-based company specializes in R & D, production, processing, sales and service of NdFeB permanent magnet products. The NdFeB permanent magnet series products developed and produced by the company are widely used in fields including computing, network information, communication equipment, and medical equipment. More than 90% of the products are exported to countries such as Japan, South Korea, and the United States. The company’s main customers include Sony and Samsung. [Photo/Baotou Daily]