China is already the real power magnetic products, magnetic materials is the world's manufacturing base, exporting nearly half of the magnetic material. Since the third quarter of 2009, China's magnetic materials industry as affected by the global financial crisis. Become increasingly apparent, the overall access to off season and a sluggish period, enter the fourth quarter, the sudden and massive decline in orders for materials, enterprises, production line shutdown for more than 50%, most enterprises underemployment, a small number of companies have closed down, magnetic sector into a long and painful "winter" season. According to our Association statistics, since the second half of 2009, the member units across the country reflected in a significant reduction in foreign orders, exports dropped significantly, especially in the fourth quarter was significantly decreased. The main reason is the continued appreciation of the yuan in recent years, export enterprises to a large number of magnetic exchange losses; a weak dollar environment, raw materials, energy price fluctuations, production management to the enterprise caused great hardship; coupled with global financial crisis, magnetic products Export encountered the second cold; the two major

international corporate giants ferrite TDK and EPCOS our combined exports of the domestic soft ferrite industry has also brought a strong impact on European and American markets, making China's soft

ferrite industry experienced than other types of magnetic materials industry, is unprecedented, even greater difficulties.