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Inside Industry
I
PROFILE
MANUFACTURING
CHINESE
Driving force of
DMEGC MAGNETICS CO LTD
DMEGC Germany GmbH is the European arm of Chinese company Hengdian Group DMEGC Magnetics Co Ltd, a leading manufacturer of magnetic material and components, and renewable energy products. Vice President Xiaodong Guo shared the story with Phil Nicholls.
D
MEGC Germany GmbH was formed in 2008, while the parent company was established in 1980 and listed on the Shenzhen exchange market in 2006. “DMEGC is the largest magnet manufacturer in the world,” said Vice President Xiaodong Guo. “We set up an automation department in 2005 equipped with robots to perform different processes.” DEMGC Magnetics expanded into solar in 2009, another production line which now features full automation. Mr Xiaodong Guo explained the qualities of DMEGC solar units: “The unit power consumption is 50% lower than the industry norm; the unit water consumption is 60% lower than the industry norm.” The range grew again in 2015 when DEMGC Magnetics started producing lithium-ion batteries. DMEGC’s Li-ion battery capacity expanded to 8GWh this year, with a focus on supplying units for power tools and the booming two-wheel vehicle market.
