2. The controlling shareholder of the company is Beijing Mining and Metallurgy Research Institute, which is a large-scale scientific and technological enterprise directly under the central government. However, the company's assets are very small, its profitability is poor, and its performance losses in the first three quarters have been predicted. The company has a strong theme of asset reorganization, and its actions in asset integration have always been concerned by the market. The company's leading products are high-performance permanent magnet materials, which mainly serve the industries of automatic control, computer and its peripheral equipment, micro-motor and so on. They belong to the category of new materials and are encouraged by the state, so there is room for imagination in their future development.