The company (“Zhongke Sanhuan” for short) is an enterprise established on July 23, 1999 by Beijing Sanhuan New Materials Hi-Tech Company (now renamed “Beijing Sanhuan Holdings Co., Ltd.”), which belongs to the Chinese Academy of Sciences, as the main sponsor, and was listed on the China Shenzhen Stock Exchange on April 20, 2000, with stock code 000970. Zhongke Sanhuan continued the main business of Sanhuan Company, engaged in R&D, production and sales of magnetic materials and their application products. The company is mainly engaged in research and development, production and sales of rare earth permanent magnetic materials and new magnetic materials and their application products. The company's products include rare earth permanent magnetic materials and new magnetic materials and their application products. The honors received include: First Prize for National Science and Technology Progress (1988), National 863 Industrialization Base (2000), National Certified Enterprise Technology Center (2006), Second Prize for National Science and Technology Progress (2008), Beijing Science and Technology First Prize (2008), First Prize of Beijing Science and Technology Award (2013), First Prize of the Metallurgical Science and Technology Award (2013), Second Prize for National Science and Technology Award (2014), China Rare Earth Science and Technology Award (2018) year), etc.
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