DMEGC Germany GmbH

DMEGC Germany GmbH is the European sales, technical and logistics supporting office and 100-percent subsidiary of the Hengdian Group DMEGC Magnetics Co., Ltd. (SHE: 002056). DMEGC Germany has been represented in Offenbach am Main, Germany since 2008. DMEGC headquartered in Hengdian, China, was established in 1980, has 17000 employees and is the world's largest magnetic material manufacturer covering the full set of magnetic portfolios including ferrite magnets, NdFeB magnets, bonded magnets and soft magnetic materials. DMEGC is also well-known for its solar modules & cells, lithium-ion batteries & cells and electronic components. DMEGC is represented worldwide with its own sales & technical support offices and production facilities in India for haptic devices and in Vietnam for permanent magnets. The facility in Vietnam is under construction and will start the production in 2024.