The company was listed on the main board of the Shenzhen Stock Exchange on August 8, 1997. It is a comprehensive high-tech enterprise focusing on magnetic devices, intelligent mechanical and electrical manufacturing, rehabilitation equipment and other industries. The company is a diversified high-tech enterprise integrating R&D, production and sales of NdFeB permanent magnet materials, motor series products, and rehabilitation equipment products. The company specializes in the production of sintered and bonded NdFeB permanent magnet materials and magnetic components; the motor series products mainly include AC, permanent magnet DC, brushless, stepper, servo motors and other micro motors and electric push rod actuators, parallel shafts, worm gears, planetary gear reducers, motor drives and scooters. The company was rated as a national key high-tech enterprise, a national civilized unit, a national excellent and advanced grass-roots party organization, a national model enterprise with harmonious labor relations, a national innovative pilot enterprise, a national intellectual property demonstration unit, a national contract honoring and trustworthy unit, a national information technology demonstration enterprise, a national “specialized, special and new” small and medium-sized enterprise, a Zhejiang government quality award enterprise, a Zhejiang digital factory, and a Zhejiang green factory. It won honorary titles such as Jinhua Patent Demonstration Enterprise, Jinhua E-Commerce Key Brand, Jinhua Municipal People's Government's Golden Panther Award, etc., and Tmall's 2023 “Innovative Single Product” and “Trend Single Product”.