DMEGC
The predecessor of Hengdian Group Dongmei Co., Ltd. was founded in 1980, and the joint-stock company was restructured and established in March 1999. In August 2006, Hengdian Dongmei was successfully listed on the Shenzhen Stock Exchange (stock code 002056). Hengdian Dongmei is a high-tech private enterprise with three major industries: magnetic materials, new energy and devices. It is a leading enterprise in the national magnetic industry, the worlds largest permanent ferrite manufacturer, the worlds largest soft magnetic material manufacturer, and a domestic solar energy manufacturer with a leader certificate. It has been ranked the first taxpayer in Dongyang City for 23 consecutive years.