Since its establishment in 1991, the company has formed an enterprise group with more than 10 manufacturing companies and research and development institutions integrating research and development, production and sales.

The company always sticks to advanced manufacturing as its main business, producing and operating rare earth permanent magnet materials, rare earth permanent magnet motor system, tone-piano, intelligent manufacturing equipment, automotive motors, elastic components, health products, etc., has become a diversified industrial group "based on new materials, new energy and intelligent manufacturing equipment industry, committed to the development of energy-saving and efficient green and digital products".