China Neodymium And Ferrite Magnets Manufacturer & Supplier 
Recently, Chinese customs authorities have announced a number of cases involving administrative penalties for non-compliance with export declaration requirements and failure to provide the necessary permits, some of which involve rare earth permanent magnet materials and related products.
Company A: On April 9, 2025, two magnetic products were declared for export under the general trade method. The first item was declared as “neodymium-iron-boron,” but upon customs inspection, it was found to be samarium-cobalt permanent magnet material containing 22.6% samarium; The second item was declared as “samarium-cobalt-based,” but was actually neodymium-iron-boron permanent magnet material containing 1.9% dysprosium. Both materials are listed in the Dual-Use Items Export Directory. The party not only failed to provide the required dual-use items export license but also submitted declaration information that significantly deviated from the actual goods. As a result, a fine of RMB 27,000 was imposed.
Company B: On April 10, 2025, a batch of magnets was declared for export under the general trade method, with the declared commodity code being 8505119000. After customs inspection and appraisal, it was found that the actual goods were neodymium-iron-boron permanent magnetic materials containing dysprosium, which should be classified under commodity code 8505111000. This commodity is listed on the dual-use items control list. Since the party failed to provide a dual-use items export license at the time of export, their actions constituted the illegal acts of making false declarations and exporting dual-use items without authorization. They were fined RMB 81,000.
Rare earth neodymium cylindrical magnets
Company C: On April 10, 2025, a batch of magnets was declared for export under the general trade method. After inspection and identification, customs authorities found that the magnets were neodymium-iron-boron permanent magnets containing samarium, which are listed on the dual-use items export control list. Since the exporter failed to provide the required dual-use items export license at the time of export, their unauthorized export of dual-use items without proper authorization constituted a violation of regulations, resulting in a fine of RMB 10,000.
Company D: Between April 11 and April 23, 2025, the company declared the export of rare earth magnets for use in mobile phone micro-vibrators under the general trade method. Upon inspection, the goods under two customs declaration forms were found to contain 1.28% and 0.5-2% dysprosium, respectively. These goods fall under the category of neodymium-iron-boron permanent magnets containing dysprosium, as explicitly listed in Announcement No. 18 of 2025 by the Ministry of Commerce and the General Administration of Customs. The party failed to submit the required permits during the declaration process, constituting a violation of export control regulations. Considering the party’s cooperation with the customs investigation and acknowledgment of the violation, coupled with the relatively minor nature of the offense, a fine of RMB 13,200 was ultimately imposed.
Company E: On April 16, 2025, entrusted a customs declaration company to ｄｅｃｌａｒｅ a shipment of goods returned to Hong Kong, including goods named "rare earth permanent magnets". After customs inspection, samples were taken and sent for testing. The test report issued on April 29th showed that the magnet contained 41.9% cobalt (Co) and 24.4% samarium (Sm). This ingredient has been identified as an export controlled item listed in Announcement No. 18 of 2025 by the Ministry of Commerce and the General Administration of Customs. The party concerned illegally exported such controlled items without obtaining permission, violating relevant regulations such as the Export Control Law of the People's Republic of China, and was ultimately fined RMB 10000.
The above customs penalty cases are not only punishments for the companies involved, but also warnings to the entire industry.
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