The company was founded in March 1999 and listed on the Shanghai Stock Exchange. It is mainly engaged in R&D and production of new materials such as rare earth materials, thin film materials for microphotonics, biomedical materials, rare metals and precious metals, infrared optics and optoelectronic materials. It is a key enterprise in the new nonferrous metal materials industry in China. The company's industry is divided into four segments: electromagnetic photomedical. Among them, the electrical sector mainly includes businesses such as thin film materials and precious metals for integrated circuits; the magnetic sector includes businesses such as rare earth metals, magnetic materials, and magnets; the optical sector includes businesses such as special infrared optics and luminescent materials; and the medical sector includes businesses such as biomedical materials and dental medical devices. The company's main products are thin film materials for integrated circuits, precious metals, rare earth metals, magnetic materials and magnets, special infrared optics, light emitting materials, biomedical materials and dental medical devices. Corporate honors: National Intellectual Property Demonstration Enterprise, Top Ten Semiconductor Materials Enterprises, Pilot Intellectual Property Application Enterprise for Industrial Enterprises, Beijing Enterprise Technology Center, etc.