• Company Overview
Supplier
This supplier has been verified onsite by world-leading inspection company,
Bureau Veritas
Verified onsite by world-leading inspection company, BV Group
2019.01.01
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Dailymag Magnetic Technology (Ningbo) Limited
14YRS
DAILYMAG is a world-leading supplier of OEM and ODM industrial magnets, magnetic hardware and tools, magnet-enhanced linear actuators and medical sharps containers.With no MOQ, an experienced R&D team, complete product lines, and unequalled responsiveness, DAILYMAG is now the top-volume Chinese source of magnetic tools, with permanent magnets on their way to that status as well. Led by dynamic entrepreneur, engineer & President Charles Yao and his strong team, total magnet-related sales are now over 100 million RMB ($15 million USD) annually and growing. Along with output from several suppliers in close cooperation, production comes from three DAILYMAG subsidiary factories, each with strict processes front to back - beginning with material sourcing, through to QC and shipping. Five key members of that team are either engineers or have a highly technical background. Apollo Peng is a "hands-on" sales manager, especially with product design aspects which he closely follows in addition to his focus on magnetic tools. In fact, many of DAILYMAG's award-winning designs and more than 100 patents evolved from projects with his direct oversight and involvement. Like Apollo, Rachel Pan has worked in the magnetic field for many years, and handles sales of various magnetic materials and tools. Joes Zhu, meanwhile, handles all export sales of linear-actuators and engine-related products, and also remains actively involved in product design and development. Our growing R&D team, now twelve strong, is led by Wang Li. Mr. Wang and his staff have a steadily increasing resources to work with, including an annual budget over 2 million RMB ($310,000 USD), CAD/CAM, 3-D printing, precision machining, etc. QC/QA, moreover, is headed by Carly Zeng who has 10+ years of technical procurement and quality background. In dealing with sub-suppliers, within subsidiaries, and within the firm itself, DAILYMAG MAGNETICS utilizes a methodology we call "SQDP." This means: provide the client with the best SOLUTION; with the highest QUALITY design, production, and service; DELIVERED as promised and fast; and at a PRICE that maximizes value for both the client and end-user. Achieving great results consistently doesn't happen by accident of course, but only through the liberal application of continuous improvement principles and strong, lively company culture. Many companies say "our people are our greatest resource." At DAILYMAG, however, this is certainly true as we take an active stake in ensuring that our staff are growing and improving not only in the jobs and careers, but personally. We warmly welcome your inquiry but be prepared, though, for more than a quotation. Prepare to discover what many well-known corporations around the world - from Wal-Mart, Total, Philips, Bosch, and many more - have found. Prepare to start a long-term, mutually prosperous business relationship with the number one choice for industrial magnets and magnet products ^ DailyMag.
5.0/5
Very satisfied
7 Reviews
  • Transaction level
  • 27 Transactions
    80,000+
  • Response Time
    <24h
  • Response Rate
    78%

PRODUCT CAPACITY

Production Flow

Production Equipment

Name
No
Quantity
Verified
Blister sealing machine
GS-3
2
Chip mounter
ZBHW-330
1
Air compressor
V-0.3/10
2
Punching machine
J23-40
6
Wire coiling machine
TP04
3
Welding machine
SDN-32Q
1
Lathe
ZDJ-4
2
Grinding machine
MW1420B
1
Milling and drilling machine
ZX6350C
6
Injection machine
HDX88
1
Verified

Factory Information

Factory Size
1,000-3,000 square meters
No. of Production Lines
5
Contract Manufacturing
OEM Service OfferedDesign Service OfferedBuyer Label Offered
Annual Output Value
US$5 Million - US$10 Million
Contract Manufacturing
OEM Service OfferedDesign Service OfferedBuyer Label Offered

Annual Production Capacity

Product Name
Production Line Capacity
Actual Units Produced(Previous Year)
Verified
Magnets (export)
20 tons per month
120 tons
Magnetic Tools & Assemblies (export)
30,000 pcs per month
120,000 pcs
Linear Actuator (export)
3,000 pcs per month
35,000 pcs
Plastic Sharps Container (export)
150,000 pcs per month
1,200,000 pcs
Verified

QUALITY CONTROL

Test Equipment

Machine Name
Brand & Model NO
Quantity
Verified
Dynamic balancing tester
GWDP-A
1
Motor thrust tester
No information
3
Armature examine tester
DS702C
1
Verified

R&D CAPACITY

Production Certification

Picture
Certification Name
Certified By
Business Scope
Available Date
Verified
Test Report
SGS
NdFeB Magnet N35 & D20mm
2010-06-11 ~ 2049-12-31
BS7320
BSI
Sharps Conatiner
2010-06-22 ~ 2020-06-22
EN71-3
SGS
Magnetic Toys
2008-12-06 ~ 2018-12-06
RoHS
SGS
Magnet, Magnetic assembly
2012-04-12 ~ 2022-04-12
CE
AV TECHNOLOGY LTD UK
Permanent magnetic lifter
2010-02-12 ~ 2020-02-12
Verified

Certification

Picture
Certification Name
Certified By
Business Scope
Available Date
Verified
ISO9001
ZLTR
Plastic Sharps Container, Magnetic Tools and assemblies, Magnet Material, manufacturing and processing (Except for the scope of statutory requirements)
2018-07-10 ~ 2021-07-09
Verified

Patents

Picture
Patent No
Patent Name
Patent Type
Available Date
Verified
ZL200920317927.2
magnetic gas saver
UTILITY_MODEL
2010-10-06 ~ 2020-10-06
ZL2009.20317928.7
handle type magnetic sweeper
UTILITY_MODEL
2010-10-06 ~ 2019-12-21
ZL200920317951.6
magnetic sweeper
UTILITY_MODEL
2010-11-17 ~ 2010-11-17
ZL200920317595.8
sharps container
UTILITY_MODEL
2010-10-06 ~ 2019-12-16
ZL200920317577.X
magnetic pick up tool
UTILITY_MODEL
2009-11-03 ~ 2019-12-16
ZL201120204264.0
Linear Actuator
UTILITY_MODEL
2012-01-04 ~ 2022-01-04
ZL2013230122963.0
Magnetic Bulk Attractor
UTILITY_MODEL
2012-04-05 ~ 2022-04-21
ZL201010003268.2
Magnetic Radiation Ring
INVENTION
2012-07-18 ~ 2022-07-18
ZL200920317662.6
magnetic pole identifier
UTILITY_MODEL
2010-10-06 ~ 2010-10-06
ZL201230122940.X
sharps contaiiner 2L
APPEARANCE_DESIGN
2012-04-21 ~ 2022-04-21
Verified

Awards Certification

Picture
Name
Issued By
Start Date
Description
Verified
2011 Alibaba Ningbo Top E-Busniess Enterpreneurs
Alibaba Inc
2011-11-10
2011 Alibaba Ningbo Top E-Busniess Enterpreneurs
Ningbo 8th Invention and Innovation Competition Bronze-prize Winner
Ningbo Science and Technology Bureau
2012-10-10
Magnetic Decision Maker product win this award
2010 Alibaba Ningbo Best 10 E-Busniess Enterpreneurs
Alibaba Inc
2011-04-21
2010 Alibaba Ningbo Best 10 E-Busniess Enterpreneurs
Verified

Research & Development

5 - 10 People

TRADE CAPABILITIES

Trade Shows

Main Markets & Product(s)

Main Markets
Total Revenue(%)
Main Product(s)
Verified
North America
44.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Western Europe
21.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Mid East
7.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
South America
4.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Eastern Europe
4.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Southeast Asia
4.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Africa
3.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Northern Europe
3.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Southern Europe
3.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
South Asia
3.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Oceania
2.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Eastern Asia
1.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Central America
1.00%
Magnets, Magnetic Tools & Assemblies, Linear Actuator, Plastic Sharps Container
Verified

Trade Ability

Language Spoken
English,French
No. of Employees in Trade Department
21-50 People
Average Lead Time
15
Export License Registration NO
3302780438459
Total Annual Revenue
USD 12,500,000
Total Export Revenue
USD 12,500,000

Business Terms

Accepted Delivery Terms
FOB, CFR, CIF, EXW, FAS, CIP, FCA, CPT, DEQ, DDP, DDU, Express Delivery, DAF, DES
Accepted Payment Currency
USD, EUR, JPY, CAD, AUD, HKD, GBP, CNY, CHF
Accepted Payment Type
T/T, L/C, D/P D/A, MoneyGram, Credit Card, PayPal, Western Union, Cash, Escrow
Nearest Port
Ningbo, Shanghai
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