The magnetic factory of Dongyang County began mass production on Feb.04, 1981;DMEGC was ranked fifth among the Chinese National Top 100 Electronic Components Companies and fifty-first among the National Top 100 Electronic Companies on 2003;DMEGC specializes in the production of ferrite magnet, ferrite core, rub & plastic magnet, neodymium magnet, speakers, motor, hard alloy, diamond sand wheel, capacitor, battery, door and so on, with the spec. of 3000. The products of DMEGC, especially the ferrite magnet, boasts of great reputation in more than 50 regions and countries over the world such as South Korea, Japan, Southeast Asia, Europe, America etc.