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.

On April 8, 2023, the first phase of the transmission research and development base of Anhui VOOFU Permanent Magnet Technology Co., Ltd. was officially put into operation at the Nangang Science Park.

In Nangang Science and Technology Park, the R & D and production base of VOOFU permanent magnet is being completed and accepted, and is expected to be completed and put into operation by the end of the year, with a future output value of 300-500 million yuan. This small giant enterprise, which integrates scientific research, design, production and sales, will base itself on Nangang and influence the world in the future.

Recently, at the southwest corner of Xianghongdian Road and Jimingshan Road in Nangang Science and Technology Park, the first phase of the Wovo Permanent Magnet Drive R&D and Industrialization Project of Anhui VOOFU Permanent Magnet Technology Co., Ltd. was officially completed.