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Xin Zhongji Groupis a high technology company devoted to self-research, production and sales of high-grade spherical magnetite powder (magnetic ferroferric oxide, Fe3O4) and high-grade ferro material. The factory is located in Pingdu Xinhe Eco-Chemical Science and Technology Industry Base. The main product is high-grade
Spherical magnetic powder Fe3O4 which is used in laser printer, copier toner (high coercivity). The annual production is about 10,000tons.