The company was founded in 1961 and is the origin of China's rare earth industry. It was successfully listed on the Shanghai Stock Exchange in 1997 and is known as “China's No. 1 Rare Earth Stock”. In 2015, it took the lead in completing the formation of a large rare earth group to achieve centralized and unified management of light rare earth resources in the north. It is the world's largest, highest output value and most efficient rare earth industry leading enterprise integrating production, scientific research and trade. The company's main business is: rare earth concentrates, rare earth deep processing products, production and sales of new rare earth materials, development, production and sales of rare earth high-tech application products; rare earth technology transfer, etc. The company's products are mainly divided into rare earth raw material products, rare earth functional material products and rare earth terminal application products. Corporate honors: On February 26, 2016, the company won the Inner Mongolia Autonomous Region's 2015 Capital Market Development Contribution Award; in November 2015, the company won the “2015 China Most Popular Listed Company Director” finalist award; in November 2015, the company won the “2015 China Most Respected Listed Company” finalist award; the company won the “2014 Top 100 Listed Companies Most Respected by Investors” by the China Association of Listed Companies.
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