Shandong Chunguang Magnetoelectric Technology Co., Ltd., founded in 2002, is a key high-tech enterprise of the National Torch Plan, and is a professional enterprise engaged in the research, development and production of soft magnetic manganese zinc ferrite particles. The company has an annual production scale of 45000 tons of soft magnetic manganese zinc ferrite particles, with an annual output value of nearly 500 million yuan. It has formed a domestic enterprise with the highest inductance of high conductive materials and the most advantageous performance of power materials. Its products are exported to domestic and Southeast Asia, South Korea, India, Taiwan, the United States and other markets.

The company has established quality management and environmental management based on ISO9001, ISO14001, GB/T28001 and other systems. It is a leading enterprise in the national magnetic powder industry, the world's largest producer of high conductivity manganese zinc ferrite, has established a municipal enterprise technology center, and has advanced detection and analysis instruments such as fluorescence analyzer, impedance analyzer, B-H analyzer, ICP trace element detector.