Founded in 2014, we came into existence as a small trading company in the custom magnet industry. Our mission is integrated into the company name - Tengye, which means helping customers succeed.
Through hard work and dedication to custom service, we established a good reputation in the domestic market. We are known for delivering high-quality NdFeB magnets & magnetic assemblies and customized solutions.
As we reached a sales figure of 50 mill. CNY (7.8 mill USD), we decided to build our own factory in 2015. Three years later, we invested in our own coating factory. In 2020, we achieved ISO9001:2015 for processing of magnetic materials. All these moves were made in order to improve quality management and enhance customer service.
Understand the problem that impacts business performance
Identify the problem with data and facts
Find out a data-driven and reliable solution
Provide a solution to
increase profit and
Create a system to
sustain a long-term
Measure and reap the
benefits of financial