1993: In 1993, Mr Xiong Yongfei joined the magnet industry, and successively established Anhui Pengyuan Investment Group, Earth Panda (HK) Magnet Electron, Earth-Panda (Shanghai) Magnet Electron, and Shenzhen Earth-Panda Magnet Electron, which helped accumulate abundant market resources, human resources, and development fund, laying a solid foundation for the establishment of the company and its development.

 

2003: In Nov. of 2003, Anhui Xiongfeng New Material Co., Ltd was established, specializing in the R&D, production and sales of sintered NdFeB magnets.

 

 

2008: The company was renamed Anhui Earth-Panda Advance Magnetic Material Co., Ltd, and set up branch companies in Shanghai and Shenzhen. An individual and integrated system of R&D, procurement, production, sales and management was formed.

 

2009: Earth-Panda (Suzhou) Magnet Manufacturing Co., Ltd was acquired. Its rubber magnet series enriched our product category and business system.

 

2009: Earth-Panda (Tianjin) Electrical Co., Ltd was established, planning for the development of production base and marketing network in Bohai Rim.

 

2010: Venture capital enterprises, such as Anhui Xingwan Investment and Bangxin Asset Management etc, were introduced to optimize ownership structure and governance mechanism of the company, and plan for stock market listing.

 

2011: The company deepened its strategic cooperation with Baotou Steel Rare-earth, and established a joint venture company. Looking into the future, we will be better…
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