Baotou Tianhe Magnetics Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of rare earth permanent magnet materials in China and internationally. It offers neodymium-iron boron permanent magnets, samarium-cobalt permanent magnets, and compression-molded magnets. The company is also involved in after-sales services; machine manufacturing and repair; import and export trade; and warehousing and distribution of magnetic materials and assemblies. Its products are used in industrial, home appliances, medical technology, energy, automated office operations, audiovisual products, electric and hybrid vehicles, telecommunications, rail transportation, shipbuilding, aerospace, and robotics applications. The company was founded in 2008 and is based in Baotou, China.