The factory that produces horseshoe magnets in this area is Dongyang Hengdian Jinda Magnetic Factory.
Dongyang Hengdian Jinda Magnetic Factory was founded in 2001 and is located in Jinhua City, Zhejiang Province. It is an enterprise mainly engaged in the manufacturing of computers, communications and other electronic equipment. The company's current registered capital is RMB 450,000, and its business scope includes manufacturing and processing of magnetic steel, magnetic buckles, and electronic and electroacoustic equipment.