Baotou Keri Rare Earth Materials Co., Ltd. was established in 2004 and is a holding subsidiary of China North Rare Earth (Group) High tech Co., Ltd., a listed company. Located in the North Rare Earth Smelting Branch of Baotou City, Inner Mongolia, the company currently has two production lines, with an annual output of 3200 tons of high value-added cerium new material products, mainly sold to Japan, South Korea, Europe and America, and other regions. Kori Company was originally established by Northern Rare Earth Group Co., Ltd., Japanese Nissan Rare Elements with rare earth smelting and separation technology, and well-known Japanese trading company Donghai Trading. In 2016, Baotou Huaxing Rare Earth Technology Co., Ltd. became the second largest shareholder of the company. Through sincere cooperation and complementary advantages with China North Rare Earth (Group) High tech Co., Ltd., the product quality and service have been highly praised by domestic and foreign customers. For the past 13 years, Kori Company has been composed of a team of strong technical R&D personnel and loyal and dedicated operators, applying for a technical patent, and deeply cultivating and meticulously working in the downstream new material technology of rare earth, especially in the refinement of cerium products. With rich experience and cutting-edge technological advantages in the same industry. In the future, Ke Ri Rare Earth will be customer-oriented, relying on the resource advantages of its parent company, China North Rare Earth (Group) High tech Co., Ltd., and China's preferential policies for rare earth enterprises. Adhering to the business philosophy of becoming oneself with talents, loyalty, and mutual prosperity, Ke Ri Rare Earth will create an innovative enterprise at the forefront. While doing a good job in production and operation, the company never forgets to fulfill its social responsibility. Since its establishment, all personnel have participated in the charity day donation activity every year, accumulating tens of thousands of yuan, and investing hundreds of thousands of yuan annually in environmental protection Inner Mongolia Huazhi Renewable Resources Co., Ltd. is located on Wuyi South Road, Jinshan Development Zone, Hohhot City. It covers an area of 38430 square meters and has a total investment of 682.5 million yuan. It is a neodymium iron boron waste recycling enterprise approved by the Hohhot Economic and Information Commission and is also a legitimate company included in the Ministry of Industry and Information Technology's neodymium iron boron waste recycling production plan in Inner Mongolia. In 2018, Baotou Huaxing Rare Earth Technology Co., Ltd. became the controlling shareholder of Huazhi Company through equity investment, accounting for 60% of the shares; The company has established an annual production line for processing 5000 tons of neodymium iron boron waste and an annual extraction and separation production line for 4000 tons of REO; The company has passed compliance procedures such as environmental impact assessment, energy assessment, safety assessment, and clean production The company can produce 1600 tons of praseodymium neodymium oxide and 75 tons of dysprosium oxide annually