On September 8, 2025, Haishu District Mayor Xu Hongtao and his delegation visited Ningbo Yuansheng Magnetics Co., Ltd. to conduct an in-depth investigation of the company's production and operations. They also held in-depth discussions with company leaders on the current status and future trends of the magnetic materials industry. General Manager Chu Liushun and relevant department heads accompanied the company throughout the visit and provided a detailed report on the company's operations.

During the visit, District Mayor Xu Hongtao visited the company's magnetic materials production line and carefully observed the entire production process. He focused on details of the upstream and downstream supply chain, including raw material supply, product sales, and industrial chain collaboration. He also gained a detailed understanding of the company's core operating performance, including order volume, capacity utilization, and operating revenue so far this year.

After listening to the company's report, District Mayor Xu Hongtao fully commended Yuansheng Magnetics' stable operations and solid industrial foundation. He pointed out that magnetic materials are a crucial component of the region's advanced manufacturing system. As an influential company in the industry, Yuansheng Magnetics must maintain its focus on its core business and maintain steady progress. While consolidating its existing technological, market, and supply chain advantages, it must closely monitor new industry developments and changes, strengthen its scientific analysis of market trends, and accurately grasp its development direction.

District Mayor Xu Hongtao also emphasized that companies should prioritize long-term development, precisely optimize their production capacity and product mix, proactively adapt to changing market demands under the new circumstances, and further enhance their resilience and sustainable development capabilities. Through the dual drive of technological innovation and management upgrades, they should continuously tap into internal potential, achieve cost reductions and efficiency gains, effectively enhance their overall efficiency and core competitiveness, and contribute more to the high-quality development of the regional economy. The company's general manager Chu Liushun expressed his sincere gratitude to the district leaders for their concern and guidance, and made it clear that the company will earnestly implement the guidance of District Mayor Xu Hongtao, continue to promote technological innovation and refined management, actively respond to market challenges, and strive to pursue development goals with higher quality and better efficiency, so as to live up to the trust and expectations of the district party committee and district government.