The Group's functional materials and applications cover permanent magnetic materials, hydrogen storage materials, catalytic materials, luminescent materials, rare earth alloy new materials, complete sets of electrical equipment, etc. There are 3 enterprises of rare earth permanent magnetic materials, 1 enterprise of hydrogen storage materials and 1 enterprise of automobile exhaust catalytic materials. There is one rare earth permanent magnetic material enterprise cooperating with China Science and Technology Third Ring Road, and one Sino-foreign cooperative high-tech magnetic material enterprise. It has cooperated with CRRC Group, Japan Toyo Electric and other international well-known enterprises to operate three electrical enterprises. One national specialized and special new enterprise and two provincial specialized and special new enterprises were established.
