Focusing on Advanced Manufacturing Clusters: Building a "Strong Magnetic Field" – The Case of BQD

Although Ningbo does not produce rare earths, its output of magnetic materials accounts for 40% of the national total. Home to over a hundred large-scale enterprises, the city is hailed as the "Magnetic Capital of China." This achievement stems from robust local policy support and the collective efforts of businesses.

On August 6, CCTV-2's financial channel focused on Ningbo and featured Baicida, taking viewers on a journey to explore the secrets of magnetic materials.

The following is the English translation of the content reported by CCTV Finance's Economic Half-Hour

Established in 2010, Baicida Intelligent Technology (Ningbo) Co., Ltd. is a high-tech enterprise specializing in high-end equipment manufacturing and big data analysis for rare earth permanent magnet processing equipment. Its core products include molding equipment and powder handling devices, dedicated to providing solutions for permanent magnet materials.

Over more than a decade since its founding, the company has encountered numerous opportunities and challenges. We have always adhered to innovation as our foundation, facing risks and failures without fear, overcoming difficulties, learning from setbacks, staying true to our original aspirations, and forging ahead with determination.

In the future, Baicida will continue to intensify efforts in technological innovation, striving to stay at the forefront of the magnetic materials industry chain. By upholding innovation-driven development, accelerating the construction of digital workshops, and advancing technological upgrades, we aim to build an innovative enterprise with independent innovation capabilities and core key technologies, contributing to the development of new quality productive forces in the permanent magnet materials sector.

 Source: Ningju App, CCTV-2 Financial Channel