Huate Magnetism was Listed on the NEEQ

2014-12-04

Shandong Huate Magnetism Technology Co., Ltd. (stock name: Huate Magnetism; stock code: 831387) was listed on the NEEQ on December 2nd.

Since its inception in 1993, Huate Magnetism has been engaged in manufacturing electromagnetic, marine equipment and powder equipment, includes superconductive iron separators, magnetic separators, electromagnetic and permanent magnetic iron separation equipment, electromagnetic and permanent magnetic stirrer, metal detector, dedusting equipment, crushing equipment, classifier, feeder, electric separator and eddy current separator, grinding and separating for mineral equipment and so on. Service scope involves thermal power generation, coal industry, building material, metallurgy, ports, nonferrous metal metallurgy, powder, environment protection and so on.

By the end of April 30th, 2014, it has obtained 6 international patents, 113 national patents (15 invention patents, 76 utility model patents and 22 design patents in electromagnetic design, temperature increasing control and applied superconductivity. its 50 patented products have been identified global and national advanced by Shandong Science and Technology Agency, Shandong Economic and Information Technology Committee, China Machinery Industry Federation and China Metallurgical Mines Association.

JD Capital invested in Huate Magnetism in 2010, holding a share of 17.24% as the second largest shareholder. Till now, 15 enterprises invested by JD Capital have been listed on the NEEQ.