On the morning of June 18th, the unveiling ceremony of the new factory of Fujian Changting Zhuoer Technology Co., Ltd. was held. Zhong Kexiang, Deputy Secretary of the Party Committee and Executive Vice President of Xiamen Tungsten Industry, and Zhang Chang, Chairman of Changting Zall Technology, attended the ceremony and unveiled the new factory. Changting Zall Technology officially relocated and settled in on the same day.

Changting Zhuoer Technology plans to cover an area of 107 acres and construct a rare earth permanent magnet samarium cobalt alloy production line. Currently, the first phase of the international advanced manufacturing workshop, research and development testing building, and related supporting facilities have been completed, covering a total area of over 30000 square meters.

Changting Zhuoer Technology is a third level ownership company of Xiamen Tungsten Industry. It is a national high-tech enterprise specializing in the research and development, production, and sales of rare earth permanent magnet samarium cobalt alloy materials and magnetic components. It is also a demonstration pilot enterprise for circular economy in Fujian Province and a specialized, refined, and new small and medium-sized enterprise in Fujian Province. Changting Zhuoer Technology always adheres to the concept of people-oriented and pursuing excellence, continuously increasing technological innovation and talent cultivation, and is committed to becoming a world-class manufacturer of samarium cobalt permanent magnet materials and magnetic components.