DMEGC (Hengdian Group DMEGC Magnetics Co., Ltd.)

DMEGC was founded in 1980, with more than 40 years of manufacturing experience, known as the "Magnetic capital of China". It has developed into a high-tech private enterprise with two major industries: magnetic materials +components, solar PV + energy storage system. DMEGC is the sub-company of Hengdian Group. It is a private enterprise founded in 1975 in Hengdian, Zhejiang, China. Flourishing under China’s Reform and Opening-up policy, the Group earns an annual revenue of nearly 100 billion CNY, with business in four major areas: electrical and electronics; pharmaceuticals and healthcare; film, TV, culture and tourism; and modern services.