In the current business wave of deep integration of technology and finance, VOOFU Permanent Magnet Technology has partnered with Provincial Guarantee Group to embark on a path of innovation driven and financial empowerment. VOOFU permanent magnet technology, as a leader in the permanent magnet transmission and drive industry, has been deeply rooted in the fertile soil of industrial energy-saving technology for many years. With persistent research on permanent magnet technology, we have successfully developed a series of efficient, energy-saving, and environmentally friendly permanent magnet products, which are widely used in energy-saving and technological transformation projects for high-power motors in many fields such as power, metallurgy, chemical, cement, coal, steel, and military.

Recently, in the process of China's economic development, local governments have all adopted effective measures, fully leveraging the "four ounces to move a thousand pounds" leverage effect of fiscal funds, and injecting powerful momentum into the high-quality development of the economy.

Recently, the 2024 National Coal Mine and Coal Chemical Industry Environmental Protection Industry Conference and the Third (Erdos) Coal Mine and Coal Chemical Industry Environmental Protection Technology Equipment Exhibition and Connection Conference were held in Erdaos. The investment enterprise of Hefei Gaotou, namely Anhui VOOFU Permanent Magnet Technology Co., Ltd. (hereinafter referred to as "VOOFU Permanent Magnet"), was invited to attend the event.

A superior business environment attracts outstanding talents, and Hefei is building a high-end industrial development hub.

With the increasing application of permanent magnet technology in industries such as power, coal, metallurgy and chemical engineering, Anhui VOOFU Permanent Magnet Technology Co., Ltd. has encountered a new round of development opportunities. As a high-tech enterprise and a specialized, innovative "little giant" enterprise, VOOFU Permanent Magnet was put into production in Hefei in 2021. After two years of rapid development, it achieved full-scale production in 2023 and plans to complete the construction of the second-phase factory in 2024, further expanding its production capacity.