Ningbo Yunsheng Co., Ltd. Files HKEX Listing Application with Annual Capacity of 26,000 Tons of NdFeB Magnet Blanks
NewTimeSpace News: Ningbo Yunsheng Co., Ltd. (600366.SH) submitted a listing application to the Hong Kong Stock Exchange on June 15, with China International Capital Corporation (CICC) acting as the sole sponsor. As a globally leading supplier of neodymium iron boron (NdFeB) permanent magnets, the Company first entered the rare earth permanent magnet industry in 1996. According to CIC Consulting, as of the latest practicable date, the Company boasts an annual production capacity of 26,000 tons of NdFeB permanent magnet blanks, ranking among the world’s largest manufacturers of rare earth permanent magnets.
NewTimeSpace News: Ningbo Yunsheng Co., Ltd. (600366.SH) filed its listing application with the Hong Kong Stock Exchange on 15 June 2026, with China International Capital Corporation (CICC) serving as the sole sponsor.
The Company is a globally leading supplier of NdFeB permanent magnets and embarked on the rare earth permanent magnet business back in 1996. Supported by profound technical accumulation and sustained independent innovation capabilities, the Company has developed high-performance NdFeB permanent magnets. It maintains deep engagement in three core downstream sectors: new energy vehicles, consumer electronics and industrial motors, while actively tapping emerging markets such as embodied intelligent robots and low-altitude aircraft.
Per CIC Consulting, the Company is one of the few domestic enterprises mastering the full set of manufacturing technologies for NdFeB permanent magnets, covering a wide spectrum of downstream application markets. Through self-developed and upgraded full-process equipment, it has mastered advanced fabrication technologies, substantially lifting the quality and output of magnetic materials. As of the latest practicable date, the Company holds an annual production capacity of 26,000 tons of NdFeB permanent magnet blanks, making it one of the world’s top manufacturers of rare earth permanent magnets.
As of the latest practicable date, the Company has obtained 118 invention patents and 3 utility model patents in China and overseas jurisdictions via independent R&D, and has successively completed six national high-tech R&D programs (the National 863 Program). Its YUNSHENG-branded NdFeB permanent magnets for voice coil motors of hard disk drives were certified as aNational Manufacturing Single Champion Productby the Ministry of Industry and Information Technology of China in 2020.
NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.
Tags:
- Weekly Report on Hong Kong-Listed LLM Concept Stocks (June 22 - 26, 2026)
- Kangda International Environmental (06136.HK): Sells Jiyuan Wastewater Treatment Plant for RMB65 Million
- Datang Environment (01272.HK): Wholly-Owned Subsidiary to Sell Lvsi Project Assets for RMB76.53 Million
- Fosun International (00656.HK): Fosun Altem Submits Listing Application to HKEX Main Board