Sinomag Technology Co Ltd. Stock Analysis 300835.SZ

Sinomag Technology Co., Ltd. engages in the research, development, production, and sale of new functional materials for permanent ferrite and soft magnetic products. The company is headquartered in Hefei, Anhui and currently employs 2,237 full-time employees. The company went IPO on 2020-05-25. The firm operates its businesses through three segments. The Magnetic Materials segment is mainly engaged in the research and development, production and sales of new functional materials of permanent magnetic ferrites. The Micro Inverter segment is mainly engaged in the research and development, production and sales of micro inverters and accessories. The Commutator and Others segment is mainly engaged in the production and sales of commutator products such as slot type commutators, hook type unreinforced commutators, hook type reinforced commutators and others. The firm mainly operates its businesses in the domestic and overseas markets.