CCTV Business Report about Magally Technology reaches Millions of Viewers

Four minutes of exclusive footage in CCTV financial channel document the steep success and growth curve of Magally Technology. SCHNEEBERGER is proud to be their prime supplier of CNC grinding machines.


Magally (Zhejiang) Technology Co. Ltd. (aka. MGL), established in May 2020, is a professional R&D facility and manufacturer of high-performance metal cutting tools. With comprehensive knowledge and customer connections, MGL introduced their products to the high-end metal cutting tool market.

Mr. Ye Zhijun, President and founder of MGL was interviewed by China Central Television (CCTV) financial channel for the great performance of tooling industry in Wenling, Zhejiang Province. “This is a good year”, says Mr.Ye, “Turnover of first quarter in 2023 is more than whole year of 2022. We are confident that we can offer great tools to our customers and get more market share by quality, design, reasonable pricing and short delivery times. Thanks to the clean energy policy in China, wind power, new energy vehicle and high speed train industries are growing – and so is our market potential into the future.”

SCHNEEBERGER machines with automatic loading systems were purchased when the company started their operation. This enabled them to realize gear hob and milling cutter production-capacity at the highest level. Norma NGC and Sirius NGS are the machines best suited to meet the specific requirements. Power, stability, precision and custom fixturing guarantee best quality inserts and blades. SCHNEEBERGER Qg1 CAD/CAM software with its full 3D geometry and process simulation guarantees outstanding results for all the demanding tools.

SCHNEEBERGER is honored to be part of the significant development of Magally Technology Co. Ltd.

Visit SCHNEEBERGER at CIMT in Beijing, 10. - 15.04.2023, Hall E4, Stand B103.