Hengdian Group DMEGC Magnetics Co. ,Ltd (SHE:002056)
China flag China · Delayed Price · Currency is CNY
19.32
+0.82 (4.43%)
Sep 26, 2025, 3:04 PM CST

Hengdian Group DMEGC Magnetics Co. ,Ltd Company Description

Hengdian Group DMEGC Magnetics Co. ,Ltd researches, develops, manufactures, and sells magnetic materials + devices and photovoltaics + lithium batteries in China and internationally.

The company’s magnetic materials + devices products include pre-burned materials, permanent ferrites, soft ferrites, plastic magnets, magnetic powder cores, amorphous nanocrystals, vibration devices, cemented carbide, inductors, EMC filter devices, and other material systems.

Its photovoltaics products include standardized batteries, components and all-black components, greenhouse systems, anti-glare, sea drift, high light transmittance, smart components, and other series of differentiated products.

The company provides lithium batteries, which include 18650 and 21700 ternary cylindrical cells. It also offers soft ferrite products, such as powder core and nanocrystalline, as well as permanent magnet ferrite products.

Additionally, the company provides components for inductor, motor, and cap, as well as lithium-ion batteries.

The company’s magnetic materials + devices products are used in home appliances, automobiles, photovoltaics, consumer electronics, communications, big data centers, charging piles, smart terminals, industrial Internet, artificial diamonds, and other fields; and lithium batteries are used in electric two-wheelers, power tools, smart homes, portable energy storage, and home backup power.

It sells its photovoltaic products through distribution and direct sales channel and magnetic materials, devices, and lithium batteries through direct sales.

The company was founded in 1980 and is based in Dongyang, China. Hengdian Group DMEGC Magnetics Co. ,Ltd operates as a subsidiary of Hengdian Group Holding Co.,Ltd.

Hengdian Group DMEGC Magnetics Co. ,Ltd
Country China
Founded 1980
Industry Consumer Electronics
Sector Technology
Employees 18,831
CEO Yue He

Contact Details

Address:
Dongci Building
Dongyang, Zhejiang Province 322118
China
Phone 86 57 9865 88821
Website dmegc.com.cn

Stock Details

Ticker Symbol 002056
Exchange Shenzhen Stock Exchange
Fiscal Year January - December
Reporting Currency CNY
ISIN Number CNE000001N70
SIC Code 3260

Key Executives

Name Position
Guo Jian Chief Financial Officer
Xiaodong Guo Deputy General Manager
Xue Ping Wu Deputy GM and Secretary of the Board of Directors
Shuai Guo Deputy General Manager
Yue He General Manager