Baotou Steel Rare Earth, Hengdian East Magnetics, and Guangcheng Nonferrous Metal

1. Baotou Steel Rare Earth Company selects magnetic materials, luminescent materials, polishing materials, and hydrogen storage materials based on the development status of application fields. and other fields as the development direction, focusing on the development of rare earth functional materials such as neodymium iron boron, fluorescent grade europium oxide, polishing powder, hydrogen storage alloy powder, etc., and moving towards the goal of ranking first in the country in scale, quality, and efficiency of the four major functional materials, promoting rare earth Industrial development.

2. Hengdian Group DMC Co., Ltd., referred to as Hengdian DMC, is a large-scale technology-leading national enterprise integrating production, operation, scientific research, technology development and information services, and a leader in the national magnetic industry. Leading enterprises. The company is mainly engaged in the research and development, production and sales of magnetic electronic components. The company is the largest permanent ferrite manufacturer in the world and one of the largest soft ferrite manufacturers in my country. "DME" brand magnetic materials are "China Famous Brand" products and "National Inspection-Exempt Products". The trademark "DEMEG" is a "well-known trademark in China". The company is known as the "Magnetic Capital of China".

3. The original Hainan Xingye Polyester Co., Ltd. was a Sino-foreign joint venture established in 1991 by Hainan Textile Industry Corporation and Hainan International (Overseas) Investment Co., Ltd. *** with a registered capital of RMB 6,000. Ten thousand yuan. Among them, Hainan Textile Industry Corporation holds 75% of the equity; Hainan International (Overseas) Investment Co., Ltd. holds 25% of the equity.