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2026.06.12 Media reports
[People's Daily Online] The specialized, innovative, high-tech and small-scale "giant" enterprise VOOFU Magnetics in Nan'ang Science Park of Hefei High-tech Zone has officially started production.

On April 8, 2023, the first phase of the transmission R&D production base of Anhui VOOFU Permanent Magnet Technology Co., Ltd. was officially put into operation at Nan'gang Science Park. After reaching full production capacity, it is expected to generate a sales revenue of 300 million yuan and a total profit and tax of over 50 million yuan, which will effectively promote the high-quality development of the economy and society in Hefei High-tech Zone.

Innovation is the primary driving force for development. Anhui VOOFU Permanent Magnet Technology Co., Ltd. (hereinafter referred to as "VOOFU Permanent Magnet") is a national high-tech enterprise, a national "small giant" enterprise specializing in permanent magnet transmission technology, and a national intellectual property advantage enterprise. Over the years, this company has taken promoting energy-saving, quality improvement and efficiency enhancement of China's high-power industrial motors as its mission, and has been committed to energy-saving renovations of high-power motors in numerous fields such as power, metallurgy, chemical industry, cement, coal, and military industry. The energy-saving rate is generally 20% - 50%.

At the commissioning ceremony, Xu Xiu-kun, the chairman of VOOFU Permanent Magnet, said in his speech that the total land area of this project is approximately 30 mu, and the total construction area is about 28,000 square meters. Three factory buildings and one research and development complex building will be constructed. The project will be carried out in two phases. The research and production base in the first phase has been successfully commissioned, which will accelerate the large-scale industrialization process of the company's traditional advantageous product, the permanent magnet speed regulator, and promote the industrial transformation of the new product, the low-speed direct-drive permanent magnet motor technology. The second phase is expected to be completed in February 2024.

"We deeply appreciate the strong innovative atmosphere, excellent business environment and solid industrial foundation of Hefei..." said Wu Jing, the general manager of VOOFU Permanent Magnet. The company has been developing in Shanghai for many years. As it expanded in scale, the company's costs also kept rising. Since 2020, it has visited cities like Nanjing, Suzhou and Wuhan for investigations. Eventually, it was attracted by Hefei's warm "business environment". When talking about the reason for settling here, Wu Jing admitted that in recent years, Hefei has experienced rapid economic development under the guidance of scientific and technological innovation, has a clear understanding of technology, and shows deep concern for enterprises. "After full-scale production, it not only contributes to the local economic development, but also adds luster to the national energy strategy," she said.

The establishment of VOOFU's permanent magnet production facility in Nangang Science Park merely represents the achievements of investment promotion in Hefei High-tech Zone.

"As a national specialized, innovative, distinctive and high-tech enterprise, VOOFU Permanent Magnet is the industry leader in high-power permanent magnet speed regulators." Ding Ke, the First Secretary of the Party Committee and the Director of the Management Committee of Nan'ao Science and Technology Park in Hefei High-tech Zone, said that in recent years, as the core area of the comprehensive national science center of Hefei, the national independent innovation demonstration zone and one of the first national innovation and entrepreneurship demonstration bases, Hefei High-tech Zone has become a strategic fulcrum for the construction of a innovative country and the main carrier for Hefei's development of "Great Lake City - Innovation Highland". It has consistently ranked first in the comprehensive ranking of 177 national high-tech zones across the country for nine consecutive years. Nan'ao Science and Technology Park is a science and technology park jointly built by Hefei High-tech Zone and Hefei Shushan District. It covers an area of 20.2 square kilometers and has initially formed three strategic emerging industries clusters: automotive and component manufacturing, high-end equipment manufacturing, and environmental protection. In 2022, Nan'ao Science and Technology Park achieved a registered industrial output value of 36.2 billion yuan and a tax revenue of 1.456 billion yuan, with a tax growth of 45.5%, reaching a new high.

The above is the public media report by People's Daily Online. http://ah.people.com.cn/BIG5/n2/2023/0412/c374164-40373435.html

On the day of the ceremony, Director Fang Xiangmin from the Party Committee of Hefei High-tech Zone and Chairman Xu Xiu Kun of VOOFU Magnetics presided over the ceremony to add the "eye" to the lion head, symbolizing the prosperity and continuous growth of VOOFU's magnetic industry. As the golden lion danced, amid the enthusiastic sound of firecrackers and the continuous laughter and joy, the first phase production launch ceremony of VOOFU's permanent magnet transmission R&D production base reached its climax.

Subsequently, Mr. Xu Xiu-kun, the chairman of VOOFU Permanent Magnet Technology, together with the attending leaders and guests, touched the screen to start and witnessed this exciting moment of the industrial park's production launch. Amidst applause and blessings, the first-phase production launch ceremony of VOOFU Permanent Magnet Drive R&D Base was a complete success.

Then, under the guidance of Ms. Wu Jing, the general manager of VOOFU Permanent Magnet, the attending leaders and guests visited the production workshop together.

VOOFU will continue to innovate, overcome difficulties, take practical actions, and ensure that all tasks are completed well. With even better results, we will repay the care, support, and kindness of all leaders and friends from all walks of life. The road ahead is long and arduous. I will strive to move forward. The first phase of the VOOFU permanent magnet drive R&D production base has been successfully put into operation. Everyone witnessed this solemn and joyous moment together. VOOFU will maintain the hardworking style and help Hefei's economy achieve high-quality development. We will strive to write a new chapter of high-quality development in the new era!