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Hongbang Technology (Qingdao) Co., Ltd.
1. Company Overview
Hongbang Technology (Qingdao) Co., Ltd. is a high-tech enterprise specializing in the research, production, processing, and global distribution of rare earth materials. Established in 2015 and headquartered in the Jiaozhou Bay Free Trade Port Zone of Qingdao, China, the company has become a reliable supplier and technical partner for industries including clean energy, electronics, advanced manufacturing, medical diagnostics, and aerospace.
Our core product portfolio includes high-purity rare earth oxides, metals, and permanent magnet materials, with a focus on sustainable sourcing, precision processing, and global compliance. With a complete value chain that spans from upstream separation to downstream component supply, Hongbang Technology serves customers across more than 20 countries.
2. Mission and Vision
Mission: To provide globally competitive rare earth solutions that enable innovation in green energy, advanced mobility, and intelligent technologies.
Vision: To become a world-class supplier and innovation leader in functional rare earth materials, driven by environmental responsibility and technological excellence.
3. Core Products and Services
Rare Earth Oxides and Metals
- Cerium Oxide (CeO₂), Lanthanum Oxide (La₂O₃), Neodymium Oxide (Nd₂O₃), Praseodymium Oxide (Pr₆O₁₁), Yttrium Oxide (Y₂O₃), and others
- Rare earth metal ingots, granules, and custom alloys
Magnetic Materials
- Sintered NdFeB magnets (Grades N35 to N55, including high-temp variants: N52H, N48SH)
- SmCo 1:5 and 2:17 series for high-temperature and aerospace applications
- Custom coatings: NiCuNi, epoxy, Parylene, zinc, and hybrid systems
Phosphor and Optical Applications
- Europium and terbium-based materials for LED phosphors, lasers, and display devices
- Rare earth-doped oxides for optical filters, fiber amplifiers, and sensors
Technical Services
- OEM/ODM magnet design and fabrication
- Material analysis (ICP-MS, XRD, SEM, TGA)
- Application-specific product tailoring (motor integration, catalysis, ceramics)
4. Manufacturing and Quality Control
Our manufacturing facility is equipped with advanced production lines for rare earth separation, oxide purification, alloy smelting, magnet pressing, sintering, and surface coating. We operate under ISO 9001 and ISO 14001 certification systems, ensuring full process traceability and environmental compliance.
Key capabilities include:
- Multi-stage solvent extraction for light/heavy rare earth separation
- Closed-loop acid recovery systems with >95% reuse rate
- CNC magnet shaping with ±0.01 mm tolerances
- In-house testing: hysteresis loop tracers, salt spray chambers, thermal aging ovens
5. R&D and Innovation
R&D is central to our long-term competitiveness. In 2022, Hongbang Technology co-established the “Rare Earth Functional Materials Joint Laboratory” with academic institutions in Beijing and Shandong. We maintain an annual R&D investment rate of over 6% of revenue, focusing on the following areas:
- Low heavy-rare-earth NdFeB magnets for EVs and wind power
- High-luminescence rare earth phosphors for micro-LEDs and AR/VR
- Rare earth catalysts for petroleum refining and environmental remediation
- Material recycling and waste recovery technologies
Our team includes over 30 full-time researchers, including materials scientists, chemical engineers, and application specialists.
6. Global Markets and Applications
Hongbang Technology supplies rare earth materials to customers in over 20 countries across Asia, Europe, the Middle East, and North America. Key application sectors include:
- Clean Energy: Wind turbine magnets, EV drive motors, battery materials
- Medical Devices: MRI magnets, contrast agents (e.g., gadolinium-based), micro-motor magnets for pumps
- Electronics: Smartphones, wearables, haptics actuators, LED phosphors
- Industrial Catalysis: FCC catalysts for oil refining, automotive emission control
- Aerospace and Defense: Thermal-stable magnets, coatings for turbine blades, optical targeting systems
7. History and Milestones
| Year | Milestone |
|---|---|
| 2015 | Company founded in Qingdao; began with rare earth oxide trading |
| 2017 | Developed proprietary multi-stage extraction process |
| 2018 | Passed ISO 9001 certification; launched oxide-to-metal production |
| 2020 | Expanded into magnet materials manufacturing |
| 2022 | Formed R&D joint lab with academic partners |
| 2023 | Became long-term supplier to 3 Fortune 500 clients |
| 2024 | Export volume surpassed 2,000 tons/year across 5 product families |
8. Sustainability and Compliance
We recognize our responsibility in managing rare earth resources responsibly. Our approach includes:
- Sourcing from legally certified and environmentally regulated mines
- Operating closed-loop chemical systems to reduce emissions and waste
- Adhering to RoHS, REACH, and other international standards
- Supporting local communities with ecological restoration and education programs
9. Future Outlook
Looking ahead, Hongbang Technology aims to:
- Expand processing capacity by 40% over the next 3 years
- Establish regional warehouses in Germany, UAE, and Southeast Asia
- Invest in rare earth recycling and circular economy solutions
- Strengthen upstream partnerships to secure long-term raw material access
- Enter new verticals such as hydrogen fuel cells, solid-state batteries, and smart wearables