BGRIMM Magnetic Materials Co., Ltd. (referred to as the North Mine Magnets) is directly under the large technology companies by the Central Mining Research Institute, Beijing-based sponsor, the United Steel Research Institute and other companies jointly set up a technology leader based Corporation. The establishment of the North Mine Magnets transformed into large-scale scientific research institutions and technology companies to further the establishment of modern enterprise system, a major initiative.

North Mine Magnets in September 6, 2000 was established May 12, 2004 in Shanghai Stock Exchange. The first public share issue 3,500 million shares, raising about $ 230 million, fund-raising project to help the company producing the device from the materials produced in-depth development; help to further improve the company's value-added products, magnetic materials for enhancing China industry technical standards and international competitiveness is important.

BGRIMM Magnetic Materials magnetic materials and devices in the production and R & D more than 40 years of history, is the first development and production of ferrite one of the units, the national research center of the magnetic material engineering support unit. Company products are sold throughout China and Europe, the United States, Japan and Hong Kong, Taiwan and other manufacturers. Is the largest manufacturer of ferrite materials burn one.

North Mine Magnets inherited research institutes respect knowledge, respect talent, unity and truth of the tradition, has a high long been engaged in product development quality of the professional research team and a group of well-known experts. The company employs more than 400 people, engineers and technical staff of about 150 people, including senior experts from the above titles, nearly 40 people.

"survive by quality, innovation and development" is the company has been the quality objectives and targets. Magnetic North mine back in 1997 in the domestic industry taking the lead through the ISO9002 international quality system certification in 2000 passed the ISO9001 certification in 2007, the company main products has passed ROSH certification.

In recent years, the company constantly looking for new opportunities, September 9, 2009, the North and Northwest Venture Group, mineral magnetics co-founded a joint venture North Mine Magnets (Baotou) Co., Ltd.. October 2010 in North Anhui Wan Long mine Magnets and magnetic Plastics Group Co., Ltd. joint venture joint venture - North Mine Magnets (Fuyang) Limited.

North Mine Magnets adhere to the "people-oriented, integrity management, self-improvement, the pursuit of excellence" business philosophy. Continuous innovation with technology as the core, depending on the quality of life, from the user to God, dedicated to provide you high quality products and attentive service.