-Began to establish the project at the beginning of 2000.

-Started to build the factory in September of 2000.

-Finished company's registration in October of 2000.

-Finished rigging up and debugging. Meanwhile began to produce as a trial in April of 2002.

-The magnet producing line of the first project went into operation formally in August of 2002.

-The machinery processing line of the first project was built up and put into production in October of 2002.

-Finished the batch production of N45, N48, 46M, 48M, 36UH,etc. in June of 2003.

-Equipments of second project arrive at factory. And began to debug in August 2003.

-Passed QS9000 authentication on September 18, 2003.

-Passed authentication of ISO9001 (2000 editions) on November 20, 2003.

-Finished the first extension of the production line in December of 2003. The annual production of magnet reached 360 tons.

-Finished the debugging of the first automatic professional motor magnet hanging plating line in February of 2004.

-Finished the second extension of the production line in July of 2004. The annual production of magnet reached 500 tons.

-Began the third extension of the production line in August of 2004. The annual production of magnet will reach 800 tons by the end of June of 2005.