JPMF was founded in 1975, originated called Jiangmen Powder Metallurgy Factory Co., Ltd, as a stated owned company.  In 1994 it became to a private company and grew rapidly becoming to the biggest

In 2008 it was brand-named as JPMF Guangdong Co., Ltd; in 2011 JPMF issued IPO and successfully listed in Shenzhen Stock Exchange.

As the advertisement ‘JPMF products, worldwide reputation’, JPMF has always provided a thorough magnet solutions, covering 8 magnet categories with over 2000 specifications, including hard ferrite magnets, rear earth magnets, soft ferrite sheets and ferrite cores.

In 2018 after a merger and reorganization with Lingyi iTech, JPMF honorably join LY Group as part of the family.