Although there are technical and financial barriers to the production of raw materials for neodymium iron boron, the single processing and production of rough magnets has low technical requirements, low costs, and low thresholds. This makes neodymium iron boron magnet factories very common in the manufacturing city of the Pearl River Delta. Along with small workshops for accessory processing of magnet products, Dongguan neodymium iron boron strong magnet factories are rampant. During the Spring and Autumn period and the Warring States period, there were still only a few countries competing for supremacy, and even the well-known Three Kingdoms period was limited to the Three Kingdoms. However, the processing factories in the neodymium iron boron industry were even more chaotic than the Five Dynasties and Ten Kingdoms period.

The market has its own law of conservation. When the supply of a product in an industry exceeds the demand, it will inevitably lead to malicious competition among industry products, making it difficult to avoid price wars and quality competition. Generally speaking, there is no sunset industry, only sunset enterprises. Faced with such a dense and harsh competitive environment, how to maintain the operation and achieve profitability of neodymium iron boron production enterprises is the top problem faced by many entrepreneurs.

Some small processing plants lack quality control and dare to quote very low prices, seriously affecting the industry's price market and overall quality image. Faced with the continuously rising prices of neodymium iron boron raw materials and policy adjustments, we believe that this industry will usher in new opportunities.