The company was founded in November 2009. It is the first batch of enterprises listed on the Science and Technology Innovation Board, a national and Zhongguancun high-tech enterprise, the Ministry of Industry and Information Technology's manufacturing champion enterprise, and a specialized “little giant” enterprise in Beijing. The company is committed to developing into a platform company for innovation and industrial application of new material products. Its main business has expanded from the high-speed rail powder metallurgy gate business to various fields such as new photovoltaic energy, automobiles and aerospace, and has now formed four major business segments. The main products are powder metallurgy brakes, carbon carbon plates, crucibles, deflectors, insulation cylinders, graphitized crucibles, carbon-carbon main heaters, anode boxes, magnetic boxes and silicon-oxygen anode crucibles, carbon-based composite prefabs, photovoltaic quartz crucibles, high-performance carbon ceramic brake discs, new energy vehicles, high-end passenger vehicles, commercial vehicles and special vehicle carbon ceramic brake discs, rail transit brakes/gates, rail transit flakes/gates, automotive linings, steel-back accessories, composite cabins, and advanced rocket stages Brackets, drone spoilers, unmanned aerial vehicle structural parts, marine composite lightweight shell parts, fuselage frames , girders, wing beams, wing ribs, trusses, etc. Corporate honors: Won the “R&D Investment Award” of the 2020 Science and Technology Innovation Leaders Summit, and won the title of “Beijing Enterprise Technology Center”, and won the “Beijing Top 100 Manufacturing Enterprises”, “Beijing Top 100 High-Precision Enterprises” and “Beijing Top 100 Specialized Special New Enterprises”; the company's intelligent collaborative operation project was selected as the Ministry of Industry and Information Technology's “2023 Excellent Intelligent Manufacturing Excellent Scenario”; “2020 China PV 20 Years · Outstanding Contribution Award”, “2023 Yongxiang Co., Ltd. 2nd Global Partner Conference - Excellent Partner” and “2024 7th China International Photovoltaic Industry Conference Global Strategic Partner” and many other awards.