The company was founded in 1998 and is a global leader in wide-format flexible magnet materials. It is a world-renowned supplier of electronic components for micromotors, and has the highest global market share for wide-format flexible magnets and annular pressure sensitive resistor products. In June 2023, the company was listed on the Shenzhen Stock Exchange GEM. The company is committed to R&D, production and sales of related products in the fields of adsorption functional materials, electronic ceramic materials, radiation protection materials, and other functional materials. The company's main products are adsorption functional materials, electronic ceramic components, radiation protection materials, and other functional materials. The company has received many provincial honors such as Guangdong Province's Single Champion Enterprise, Guangdong Specialized and New Small and Medium Enterprises, National Specialized and New “Little Giant”, and “Famous High-tech Product of Guangdong Province”.