---
title: "Tianhe Magnetics plans to invest in the construction of a high-performance rare earth permanent magnet and component, equipment manufacturing and research and development project in Baotou City"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261747383.md"
description: "Tianhe Magnetics' wholly-owned subsidiary signed an investment agreement with Baotou Rare Earth High-tech Industrial Development Zone, planning to invest 850 million yuan in Baotou City to build a high-performance rare earth permanent magnet and component, equipment manufacturing and R&D project. The project will be constructed in two phases, with the first phase involving an investment of 210 million yuan and a construction period of 18 months, aimed at improving the industrial layout and expanding the company's business scale"
datetime: "2025-10-19T07:41:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261747383.md)
  - [en](https://longbridge.com/en/news/261747383.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261747383.md)
---

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# Tianhe Magnetics plans to invest in the construction of a high-performance rare earth permanent magnet and component, equipment manufacturing and research and development project in Baotou City

According to the Zhitong Finance APP, Tianhe Magnetics (603072.SH) announced that its wholly-owned subsidiary Baotou Tianhe New Materials Technology Co., Ltd. recently signed an "Investment Agreement on the High-Performance Rare Earth Permanent Magnet and Component, Equipment Manufacturing and R&D Project (Phase I)" with the Management Committee of the Baotou Rare Earth High-Tech Industrial Development Zone. Baotou Tianhe New Materials Technology Co., Ltd. plans to invest in the "High-Performance Rare Earth Permanent Magnet and Component, Equipment Manufacturing and R&D Project" in Baotou City using its own funds and/or self-raised funds, with a total project investment estimated at 850 million yuan. The project is planned to be completed in two phases, with the first phase intending to invest 210 million yuan.

The main construction content of the project includes the factory buildings, supporting facilities, production line equipment, and public auxiliary facilities required for high-performance rare earth permanent magnets and components, as well as the construction of a research and development center. The project construction period is 18 months. This matter is beneficial for the company to improve its industrial layout, and after the project is completed and put into production, it will help expand the company's business scale

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