Shandong Huate Magnetoelectric Technology Co., Ltd. is a modern enterprise established by Weifang Huate Magnetoelectric Equipment Co., Ltd. and Weifang Huate Powder Equipment Co. It is the vice director unit of the committee of washing equipment of China Heavy Machinery Industry Association, the key national high-tech enterprise, the technical cooperation enterprise of Chinese Academy of Sciences, the national post-doctoral research station, the academician workstation, the provincial level magnetoelectricity technology engineering center, the provincial level magnetic separation technology research institute, the provincial level powder engineering equipment research institute, and it is the largest magnetoelectricity equipment manufacturing base in China, which integrates scientific research and development, engineering design, production and installation and commissioning service. The company covers an area of 200,000 square meters, more than 800 employees, with fixed assets of 350 million yuan - 500 million yuan output value.