Bonded Rigid china-made powder and compound
We can now provide powders for injection-molding magnets
*Next targets: further reducing capital and operating
*Making China made toolings
Using China made injection machines
In 2001 China produced 8.6% of world rigid bonded magnets with only 4.9% of the market value.
That also means that the value of Chinese rigid bonded magnet products is below the world average value, and the gap between is even bigger than that being seen for flexible bonded magnet.
Without china-made material, no cost reduction room for entering overseas market of injection molding magnets Cost structure:
Cost of powder - 50% of that of compound
Cost of compound - 50% of that of magnet