Dong Yang TianQi Magnetic Segment Co.,Ltd.(formerly Shuangyang Magnetic Tile) is located in Hengdian Electronic Industrial Park, Dongyang City, known as the "Magnetic Capital". Founded in 2003, it is a company specializing in producing NdFeB and NdFeB used in motors. Ferrite tiles company. The company covers an area of more than 20 acres, with a construction area of more than 30,000 square meters. It has over 100 employees and 25 professional and technical R&D personnel. It produces more than 5,000 tons of magnetic tiles annually. The company currently produces more than 20 brands of permanent magnet ferrite tiles and more than 2,000 products of different sizes and specifications. The products are widely used in automobile motors, treadmill motors, cleaning machine motors, nuclear magnetic resonance, household appliance motors, garbage disposals, Curtain motors, sewing motors, massager motors, instruments, magnetic transmissions, and magnetic tiles for various motors required in many fields such as aviation, navigation, and medical equipment have formed a relatively complete product cluster that can fully meet many application fields—diversified market demands. About 50% of current products are mainly exported to the United States, Germany, Russia, Spain, Thailand, Israel, South Korea and other countries, and Taiwan, and are supplied to many domestic listed motor manufacturing companies.

The company's production equipment is advanced, and all equipment has been updated and upgraded in 2020. Currently, the company's production equipment is mainly automated and equipped with professional testing equipment. The company has passed IATF16949, ISO9001:2000 quality certification system to ensure that product quality meets the internal performance and external size requirements in accordance with customer requirements. With unique advantages, our products stand out from the competition. The company is rated as an "Advanced Enterprise" and "Major Tax Payer" by the local government every year. It established a "High-end Magnetic Tile R&D Center" in 2010 and was rated as a "National High-tech Enterprise" in 2021. In line with the business purpose of "quality first, integrity-based", the company will continue to provide the best services to new and old customers.