Since being founded in 2004, Ningbo Co-star Materials Hi-Tech Co., Ltd. has been specialized in R&D and production of rare earth permanent magnets and assemblies, and is one of the few that produce both SmCo and NdFeB magnets. Through 8 years’ great-leap-forward development, now Co-star owns two plants: one plant is for SmCo production, which covers an area of 12000 square meters including an area of 8000 square meters of factory building; the other plant is for NdFeB production, which covers an area of 24500 square meters including an area of 11600 square meters of the first phase factory building. Due to the advanced producing, machining and testing equipments equipped, it has annual production capacity of 800 tons of SmCo and 1200 tons of NdFeB, its fixed asset value exceeds RMB 60 million, and the turnover has been exceeding RMB 100 million for several years.
Integrity, innovation, and forward-looking are the foundation for building the company.Since being founded, Co-star has been following the guideline of being virtuous, sincere and trusty to manage the enterprise and market. Since being founded, Co-star has been taking the independent and collaborative innovation as the strategy of technology innovation. Co-star strengthens the ability of independent innovation by increasing the inputs on technical innovation, bringing in high level technology talents and combining the market demands. What’s more, through the cooperation with the research institutions such as The Chinese Academy of Sciences, Ningbo Materials Technology and Engineering Institute, etc, Co-star improves the ability of researching and developing high-end products.

INFORMATIONIZATION MANAGEMENT
Since 2012, Co-star is equipped with informationization systems including SAP, QIS, OSAP, and Bossmail, which speeds up communication between departments, and achieves paperless office and the informationation management.

TOTAL QUALITY MANAGEMENT
In order to meet customers’ satisfaction and benefit all company members and the society, Co-star puts total quality management into practice strictly according to ISO/TS16949:2009 system. The continuous trainings enhance the employees’ quality awareness, and the QIS quality management system monitors all production processes including incoming materials, production, machining, and packaging.

PROFESSIONAL AND EFFICIENT MACHINING ABILITY
Co-star has machining workshops for SmCo and NdFeB respectively. They have inside diameter slicers, wire-cutting machines, flat grinding machines and centerless grinders, etc. They are able to machine not only normal blocks, disks and segments, but also especially high precision small blocks and hyper-normal products, through using laser drilling and grinding to machine the magnets of thin-wall, deep hole, which has high precision as well as tiny hole.

The assembly workshop can supply customers with customized magnetic assemblies and technical consultation and service. Currently our latest developed magnetic assemblies that can reduce the eddy current of permanent magnet synchronous motors are used in the automotive motors successfully.

EXCELLENT GEOGRAPHICAL LOCATION
Co-star is located in Ningbo, an important trading port, which is close to Shanghai and well-known as China’s magnetic material production base for long time. This advantage guarantees us to provide customers with kinds of difficult-machining products. With the convenient transportation, Co-star could ensure you a short delivery time, even your urgent products needs.

Co-star supplies customers home and abroad with kinds of shapes and grades of SmCo magnets with superior quality, competitive price, short lead time and considerate service. We sincerely welcome your visit, contact and negotiation. Ningbo Co-star Materials Hi-Tech Co., Ltd. will be your best partner for business.

INTRODUCTION TO GENERAL MANAGER
Bill Pan, graduated as Master of Automotive Engineering, from Tsinghua University, senior engineer, entrepreneurs, Ningbo Jiangdong District Science & Technology advanced worker, director of Ningbo Youth Science & Technology Association, Ningbo “4321” Talent Project member, former director of Magnetic Material Research Institute, Yunsheng Group. During he worked in Yunsheng Group, Bill Pan participated in the project of National “863” high-performance magnetic material research, which was applied by Yunsheng, and got the first prize in Ningbo Science & Technology Progress Award. In 2000, the “intelligent flexible automatic assembly line for musical boxes” project, which was researched by Bill Pan, won the first prize in Zhejiang Province Science & Technology Progress Award. In 2012, he was selected as the First Level of Young Talents Training Project in Yinzhou district, Ningbo city.

Led by Bill Pan, Co-star not only make great-leap-forward development and good performance returning to shareholders in the past 8 years, as well as will contribute to the harmonious development of low-carbon society in future with fulfilling social responsibility, innovating technology, energy saving and reducing consumption.

INTRODUCTION TO TECHNICAL CONSULTANT
Dr. Hartmut Nagel, who has been technical consultant since Co-star founded. He engaged in the SmCo research work in a global professional material and technology group—ThyssenKrupp—in Germany. Now he establishes a company, which provides NdFeB and SmCo manufacturers with equipments like hydrogen-decrepitating furnaces, pressing machines, etc, as well as technical solutions and innovative services.