DMEGC was founded in 1980, and the company was restructured in March 1999. It was successfully listed on the Shenzhen Stock Exchange in August 2006. The company is a National Technology Innovation Demonstration Enterprise underpinned by the twin drivers of "Magnetic Material & New Energy" .
DMEGC is the leading magnetic ferrite enterprise in China, the first PV module manufacturing enterprise in the world to obtain the low carbon footprint certification, and also a national green factory. Led by Hengdian DMEGC, the Dongyang magnetic industry cluster is known as the "Magnetic Capital of China".
DMEGC has presided over or participated in the formulation of 74 international, national, and industry standards, team standards. Hard Ferrite series of products were evaluated as "National Manufacturing Champion Products", and Soft Ferrite and key technologies, industrialization projects have won the second prize in the National Technology Invention Award, the second prize in the National Science and Technology Progress Award. Several PV products shortlisted for the national "Green Design Products" and awarded the world's first "Smart Module" certificate issued by TüV SüD, and the world's first multi-double stringent certification by TüV Rheinland.
The products are exported to more than 60 countries and regions, and have been awarded "Excellent Supplier" by Nidec in Japan, Samsung in South Korea, and other internationally famous enterprises, and has won Bosch's Global Best Supplier Award. DMEGC has been successfully shortlisted in Bloomberg's Tier 1 Global PV Module Manufacturers.
Solar cell factory base in Indonesia successfully operating
Phase 1 of magnetic materials factory base in Vietnam completed
Magnetic materials factory base in Thailand construction initiated
About 2.8 Billion Revenue
Carry out Photovoltaic Manufacturing Overseas Layout
Construction of High-tech Industrial in Hengdian and High Efficiency Component Phrase?II Project in Sihong
Components shipped in the Top 10 PV-TECH statistics worldwide
Intelligent manufacturing upgrade - No.7 Solar Cell Factory debuted;
The first industrial enterprise with income exceeded 10 billion in Dongyang;
Won the National Advanced Collective in Poverty Alleviation for Hengdian Group
"Green Factory" issued by MIIT(Ministry of Industry and Information Technology)
The first 5G intelligent factory and the first batch of future factories in Zhejiang - No.6 Solar Cell Factory debuted
The second Prize of the National Science and Technology Progress Award;
Won Bosch Global Best Supplier Award
Permanent magnet component awarded "National Manufacturing Single Champion Product"
Established New Energy Battery Division, entered the Lithium-ion Batteries industry
The industrial cluster led by DMEGC was named "China Magnetic Capital" by China Electronic Components Association
Established Solar Division, entered the PV industry
Nine kinds of magnetic materials were launched, Leading the world
Successfully listed in Shenzhen Stock Exchange
DMEGC proposed: "Global magnet is from China, China's magnet is from Hengdian."
Wenrong Xu, founder of Hengdian Group, Established Hengdian magnetic equipment factory
