Kukhazikitsidwa mu 2003, Hesheng Magnetics ndi amodzi mwamabizinesi oyambilira omwe amapanga maginito osowa padziko lapansi a neodymium ku China. Tili ndi unyolo wathunthu wamafakitale kuchokera kuzinthu zopangira mpaka kuzinthu zomalizidwa.Kupitilira ndalama mosalekeza mu luso la R&D ndi zida zapamwamba zopangira, takhala mtsogoleri pakugwiritsa ntchito komanso kupanga mwanzeru kumunda wamagetsi okhazikika wa neodymium pambuyo pa chitukuko chazaka 20, ndipo tapanga gulu lathu. zinthu zapadera komanso zopindulitsa malinga ndi kukula kwakukulu, mawonekedwe apadera, ndi zida zamaginito.