The company is a high-tech limited company founded by China Iron and Steel Research Technology Group Co., Ltd. (formerly the Iron and Steel Research Institute, a large national research institute) as the main sponsor, in collaboration with Tsinghua Ziguang (Group) Corporation and other organizations. It is a national high-tech enterprise jointly certified by the Ministry of Science and Technology and the Chinese Academy of Sciences, and it is also a key high-tech enterprise recognized by the Beijing Municipal Science and Technology Commission. The company's main business is R&D, production and sales of new advanced metal materials and products, focusing on providing advanced metal materials, key components and system solutions for artificial intelligence, new energy, next-generation electronic information, high-end equipment manufacturing, aerospace, nuclear power, etc. The company's main products include tungsten-molybdenum sintered products, high-density alloy products, tungsten (molybdenum) copper alloy products, molybdenum sputtering targets, NdFeB magnets and products, amorphous strips and products, nanocrystalline strips and products, high-speed tool steels, diamond saw blades, grinding wheels, drills, integrated inductive powders, metal magnetic powder, MIM powder, mobile phone holders, lens rings, mobile phone buttons, miniature variable speed motors, watch cases for wearable devices, buttons, structural parts and notebook axes series, high-performance chemical core solders, Welding wire, special electric electrode, welding tape, submerged arc welding wire and flux, tungsten Copper composite components, tungsten-tantalum composites, target inserts, tungsten string limiters, first wall of cladding components, etc. Corporate honors: The company has been awarded honorary titles such as “Advanced Group of Central Enterprises” by the State Council's State-owned Assets Administration Commission and the Ministry of Personnel; “Capital Spiritual Civilized Unit”; continuously selected as “Zhongguancun Science Park Haidian Park Economic Top 20 Enterprise” by the Beijing Haidian District People's Government; it has been awarded “Trustworthy Enterprise” by the Ministry of Industry and Information Technology, the Ministry of Industry and Information Technology's Individual Champion Product Enterprise, Diamond Saw Drilling Industry Chain Master Enterprise, Beijing Green Factory, etc.