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How to find a reliable China's magnet manufacturer?[2021]
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How to find a reliable China's magnet manufacturer?[2021]

Author: Site Editor     Publish Time: 2021-04-26      Origin: Site

High-performance neodymium permanent magnet material made of rare earth materials, with high remanence, high coercivity and high magnetic energy product. It is widely used in automobiles, new energy vehicles, wind power, and energy saving Many industrial fields such as elevators and air conditioners. If you want to find a leading magnet manufacturer in China, how do you find them? How to identify?

How to find a reliable China's magnet manufacturer and supplier?

For companies and individuals who need to buy magnets, it is very important to choose a good magnet factory and supplier. If you choose the right one, you can not only achieve long-term cooperation but also get better price concessions. If you make a wrong choice, you may not be able to receive the magnet products you ordered on time, and the magnet supplier is unqualified, then the magnet products you may receive are inferior and unqualified products. Then it is a loss for yourself or the customers who buy the magnet products that you said wholesale, and may lose trust and credibility. So it is very important to choose a qualified magnet factory . And in the process of communication, you can deeply feel the professional degree and enthusiasm of the other party, which is a very important reference factor.

In China, the magnet manufacturing industry is very developed. China is the world's largest producer and exporter of rare earth permanent magnets. Ninety percent of magnets in the world are from China. China is a leader in sintered magnets and the largest producer of NdFeB. So far, China is the leader in all magnetic materials. China has mined more than 55% of the world's rare earth ore required for most magnets. So in the face of many magnet manufacturers, how do we choose the most competitive products and reliable magnet manufacturers?

Should I choose a manufacturer or a exporter?

Choosing a factory or a exporter company depends mainly on three aspects.

Price: Sometimes, the factory's quotation is more competitive. The advantage of a foreign trade company is that it can accumulate a batch of orders and place them to a factory at a time, thereby obtaining a lower price. They then split the goods and distribute them to various customers. However, the need to be wary of extremely low prices may be a trap. Although price is a very important factor, quality and quality control are also very important. Therefore, for large-volume purchases, we recommend to seek a free sample from the manufacturer, which will generally be provided. 

Quality: The factory can control the product quality in the first time. And foreign trade companies can thoroughly implement a more stringent product control system to ensure product quality reaches world-class standards.

Communication skills: In this regard, most factories are at a disadvantage. Factories generally do not have professional foreign trade personnel, or do not understand the behavioral habits and cultural background of buyers. Foreign trade companies have accumulated a wealth of experience. Their understanding and foreign trade process operation capabilities are better than those of factories, and their contacts with other companies are also Will be closer.

Therefore, under normal circumstances, we believe that choosing a manufacturer has a more price advantage. Choose a foreign trade company to have a better service experience.

Where to find a magnet supplier?

China's magnets are widely distributed, with many large and small enterprises. Rare earth resources are abundant in Zhejiang, Shandong, Jiangxi and other provinces. Only Hengdian in Zhejiang Province is known as the "capital of magnets"; Ningbo, Zhejiang is known as the "hometown of magnets". The magnet production here and the development of production technology have been precipitated for many years.

Should I choose a large manufacturer or a small manufacturer?

Small suppliers may be more creative, deliver quantity, and process more flexible. If you need personalized customization, it may do it for you, but the system process may not be sound. Large factories ship in large quantities and will not change because of your small order, and customize products for you. All processes are fixed, and large companies usually have relatively complete system processes. When a product encounters a problem, they can usually only deal with the problem in a regular manner, and it may not be as flexible as a small factory in handling the problem. Each has its own advantages, choose according to your own needs.

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How to find them?

In general, most magnet manufacturers and suppliers will have their own websites, at least one Chinese website and one English website. And many also have their own stores in Amazon, Alibaba, eBay, etc. Different platforms have different minimum purchase quantities, which can be selected according to their own needs. If they have their own stores on different platforms at the same time, and if they also operate social media, this is also a good sign that this company is more serious about foreign trade operations and probably not is a very small team. And you can communicate with them directly and efficiently to understand their products and services.

To find them, you can search for the keywords of the magnet you need in the search box in the Google browser or B2B platform, and filter the results that appear.

How to confirm they are a good magnet manufacturer?

Emailing or calling them is a key factor. A China's magnet factory or trader may not be able to fully display their content on the website. We need to communicate our needs to determine whether this is what I am looking for China's magnet factory. And in the process of communication, you can deeply feel the professional degree and enthusiasm of the other party, which is a very important reference factor.

If you value service and cooperate with companies or manufacturers with export experience, this can save buyers the time and energy of communicating with suppliers in product design, export procedures, and so on. Then you can feel the general situation of the company in the process of communication.

If you value the MOQ, many factories have set a very high MOQ, but there are also some factories that support small batch orders. This requires communication to determine whether it can be shipped in small batches.

Payment method and delivery time process are also very important, we need to confirm clearly with the manufacturer.

Ask them is it possible can visit the factory. As many manufacturers may not manufacture products in a safe and healthy environment, if you are welcome to visit the factory, then he must have the manufacturing strength and confidence from time to time. And in the continuous communication, you can feel the attitude of their salespersons. If the attitude is perfunctory, then the follow-up after-sales service is also difficult to guarantee. Field visits are of course the most direct way. However, considering the impact of the COVID-19, we can pass online verification as much as possible.

Bestway magnet factory

How to verify?

First, check the relevant content of the China's magnet manufacturer website you are looking for. In addition to the product range and professionalism, the company-related content is also very important, whether you have a qualification certificate, whether you have participated in any large-scale exhibition, whether there is a display of the manufacturing environment and process Pictures, videos, etc. These are all important factors that can prove the identity of a reliable manufacturer.

2017 American Las Vegas Autumn consumer goods and Gift Fair (ASD)

Then you can view the age of the website domain name of the China's magnet factory website you are looking for. The longer it exists, the more trustworthy it is and the higher the reputation in the hearts of consumers. A website usually does not have only one website domain name. At the same time, go to Amazon, Alibaba, eBay and other platforms to check their related certification certificates. If there are a large number of customers leaving messages, this is also a very good reference. If a magnet manufacturer of poor quality will not have sales on multiple platforms and will exist for a long time. Therefore, choosing a company with a longer company history is more reliable, and its service team is also more complete. Product quality can be more guaranteed. Of course, you can search for relevant certificates and business licenses from the manufacturer's website, and check and verify on authoritative websites such as the China National Enterprise Credit Information Corporation system.

Check whether they have relatively well-known cooperative companies. If it shows that their products and services are recognized by these companies, then this type of manufacturer is worthy of recognition.

Confirm purchase process

After confirming whether the manufacturer is trustworthy, we will carry out the follow-up purchase process for the products that need to be wholesaled.

Obtain product quotations based on trade terms (FOB, CIF, DDP, etc.). Choose the best supplier through price, samples, communication and service.

EXW quotation, the supplier will quote you the original product price under this clause. They do not bear any transportation costs. The buyer arranges to pick up the goods from the supplier's warehouse. Therefore, if you do not have your own freight forwarder or you are a novice, this is not recommended.

In addition to the product price, FOB quotation also includes the transportation cost of transporting the goods to the ship at your designated seaport or airport. After that, the supplier does not need to bear all the risks of the goods.

CIF quotation, the supplier is responsible for shipping the goods to the port in your country, and then you need to arrange for the goods to be shipped from the port to your address. Insurance will only come into play when the entire cargo is lost. In other words, CIF quotation = original product cost + transportation cost from the supplier's warehouse to the port in your country/region + insurance + export handling fee.

Then confirm the content of the payment terms: confirm Proforma Invoice, non-disclosure agreement, delivery time and delivery time, and solutions for defective products.

Confirm payment terms and methods: the most important item in payment. The correct payment terms can help you maintain a continuous cash flow. The best transportation solution can be selected according to time and cost preferences.

4 common payment methods

  • wire transfer

  • Western Union

  • Paypal

  • Letter of Credit (Letter of Credit)

4 Common payment terms

  • 30% deposit, 70% of the balance before export.

  • 30% of the deposit and 70% of the balance to cover the landing fee.

  • There is no deposit, which can cover the entire balance of the landing bill.

  • O/A payment.

Confirm shipping method

After the production is completed, the next important step is how to ship the product to you from China. There are 6 common ones:

Courier, ocean freight, air freight, rail freight with full cargo, sea/air freight plus e-commerce express

Consignment economic transportation (less than 2 kg)

The last important step is customs clearance. You should know what documents or certificates are required for this process. Usually, the supplier will help you solve the problem. In addition to the certificate, you also need to pay customs duties. However, the standards vary by country or product.

Hello Customers

Mr. Thomas is a highly respected professional when it comes to magnet production and sales. He has over 20 years of extensive experience in the field of magnets, and his expertise and experience as a professional enable him to provide excellent services to his clients.

Mr. Thomas has become a trusted partner of his clients with his excellent communication skills and deep industry understanding. Not only can he answer customers' technical questions about magnet products, he can also provide targeted suggestions to ensure customers choose the products that best suit their needs.
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Ningbo Bestway Magnet Co. Ltd. is a professional and high-tech company which is committed to research, manufacture and develop of Rare Earth Magnet since 2000 located in Ningbo, China.

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