Timeline

1997
August 16

In 1997

November 10, registered in Xiamen, Fujian Province, China, starting domestic business on Ferrite Magnet with several local earphone manufacturers.

2001
August 16

In 2001

  • February, restructured and expanded, exploiting international markets: successively entering into markets in South East Asia as Malaysia, Thailand, Indonesia, Philippine, and Taiwan Area since May.
  • October, attending Hong Kong Electronics Fair.
  • Achieved export value USD 1million and total sales turnover RMB1.7million.
2002
August 16

In 2002

  • Onemag has become one of main suppliers for most speaker manufacturers in South East Asia.
  • October, attending Munich Electronica 2002, began to promote magnets in Western Europe.
  • Achieved export value USD 3million and total sales turnover RMB 4.5million.
2003
August 16

In 2003

  • March, setting up Suzhou One Magnet Electronic Co., Ltd.,specially serving customers in Yangtze River Delta.
  • December, setting up Anhui One Magnet Electronic Co., Ltd.–Onemag’s own production base.
  • Onemag began to enter into the market in Western Europe. Some great companies began to use Onemag magnets.
  • Achieved export value USD 5million and total sales turnover RMB 7.5million.
2004
August 16

In 2004

  • January, attending CES and meeting many excellent speaker manufacturers all over the world.
  • June, Anhui One Magnet came into production of Ferrite Magnet with capacity of 600 tons at the end of 2004, Onemag has held the own Manufacturing Center ever since.
  • Achieved export value USD 8million and total sales turnover USD 10million.
2005
August 16

In 2005

  • July, Anhui One Magnet started to produce NdFeB magnet.
  • December, setting up Dongguan One Magnet Electronic Co., Ltd., serving customers in Pearl River Delta.
  • Achieved export value USD 10million and total sales turnover breaking through USD 14.5million.
2006
August 16

In 2006

  • May, Anhui One Magnet won ISO9001:2000 certificate, entering into the new stage in management system.
  • October, Onemag sales headquarters in Xiamen moved into 9F,Lixin Plaza,No.90,South Hubin Road, Xiamen.
  • November, passed the audit of Environmental Quality Assurance System from Sony Corporation and obtained Green Partner Certificate.
  • Achieved export value USD 12million and total sales turnover USD 18.9million.
2007
August 16

In 2007

  • November, One Magnet Journal, a monthly newspaper, started to publish successfully.
  • The yearly production capacity has been improved to 6000tons of Ferrite Magnet and 400tons of Neodymium
  • Achieving total sales turnover USD 24.8million.
2008
August 16

In 2008

  • May, Anhui One Magnet got ISO/TS16949:2002 certificate. Onemag has began to enter into the car market.
  • Achieved the sales turnover USD 29million in total.
2009
August 16

In 2009

  • February, attend Componex/Nepcon India 2009 at Pragati Maidan Exhibition Center, New Delhi, India.
  • May, achieved the certification of REACH Regulations.
  • May, won ISO14001:2004 Certification.
  • July, awarded as”Famous Logo of Xiamen City”.
2010
August 16

In 2010

  • January, Qingdao One Magnet Electronic Co., Ltd. has been set up. Onemag began to enter into the market in North China.
  • The yearly production capacity has been improved to 8000tons of Ferrite Magnet and 600tons of Neodymium Magnet.
  • Achieved the sales turnover USD 47.6million in total.
2011
August 16

In 2011

  • Made a technical update in sintering furnaces so as to improve the production capacity of Ferrite Magnet.
  • Use the advanced Strip Casting Furnace and Hydrogen Crushing Furnace in the process of melting and making powder, to help impove the stability of magnetic property. High grade products, like N50, N48, began to be produced in batch.
  • Begin to transform to mainly produce the small and high grade neodymium magnets, to meet the need of mobile communication companies and laptop companies. Samsung mobile, iPhone, Foxconn, Quanta, etc.
  • Achieved USD 96.7million, constant efforts made by Onemag.
2012
August 16

In 2012

  • March, Chongqing One Magnet was established, which began to promote Onemag magnet in South west China.
  • June, attending “CWIEME” in Bolin, German to develop the motor magnet market in Europe.
  • Achieved the sales turnover USD 81.3million.
2013
August 16

In 2013

  • January, attending “CES Fair” in America.
  • May, honored to be Sony’s “Green Partner” again.
  • June, attending “CWIEME” in Bolin, German.
2014
August 16

In 2014 – 2016

  • Remarkably improved the capacity of manufacturing magnets for motors: Grade 40EH, 45UH, 50SH, 52H are available;
  • Special shaped magnets could be produced.
2017
August 16

In 2017

  • Start to build the production line for segment ferrite magnets, Area: 46 thousand Sq. m, Process: begin construction in October 2017 and put partial production lines into operation in August 2018
  • May, honored to be Sony’s “Green Partner” again.
  • Investment: RMB 60 million for the first phase( 100 million in total).
    Capacity: 3000 tons’ annual production capacity (for the first phase).
2018
August 16

In 2018

  • Put into production for Segment Ferrite Magnets in August 2018: Six Auto Ball-grinding Machines, Ten Auto Press, High production capacity’s Sintering Furnace (10tons per day) and Auto Grinder