Permag, the new name representing the leader in the high-performance magnetic solutions industry, has officially replaced the former name of Magnetic Holdings, LLC. This renaming symbolizes a new stage in the company's development, where we will fully integrate the unique strengths of Dexter Magnetic Technologies (DMT), Magnetic Components Engineering (MCE), and Electronic Energy Corporation (EEC) to jointly reach new heights. DMT, EEC, and MCE will continue to maintain their existing operational names, but the new synergy among them will create greater value for customers and the market. Through deepened cooperation, we have secured a leading position in the procurement, design, and manufacturing of rare earth magnets.