Zhejiang Pengsheng Technology Co., Ltd. was established in May 2021 as a large-scale enterprise resulting from the transformation and upgrading investment of Jiaxing Pengcheng Magnetic Steel Co., Ltd. With an investment of 120 million yuan, the company has developed into a high-tech enterprise offering diversified and multi-category products. Located in the Zhongxin Modern Industrial Park of Jiashan County, Zhejiang, within the core demonstration area of the Yangtze River Delta Integration, the company covers an area of 21 acres and has a construction area exceeding 30,000 square meters.

   The company specializes in the research and development, production and sales of DC motors, brushless motors, series motors, servo motors, rare earth samarium cobalt, and NdFeB permanent magnet materials. Motor products are widely used in all kinds of intelligent equipment, CNC machinery, garden tools, electric tools, etc. Rare earth magnets are mainly used in high-tech and daily life fields such as various motors, electronic instruments, sensors, communication electronics, health care, national defense and military industries.