DaYe Metal Powder Co., Ltd was established in March, 1998. It was formally registered and approved by Administration for Industry & Commerce of Yuanshi, Shijiazhuang, Hebei Province. The registered location of the company is in Yuanshi county, Shijiazhuang, Hebei Province.

The company is located in Zhangye indutrial area covering an area of 15 mu of which 13000 square meters is for the workshop building area. The first stage project investment of five million RMB is for the production of special alloy powder and magnetic materials. The second-phase investment of ten million RMB is planed mainly for the production of special alloy powder products.

Relying on the science and technologe advantage of Shijiazhuang Railway University, Material Institute, the company fixed the core business position of high-tech new material industry including the following two main area:

1. Industry of producing alloy powder, such as soft magnetic powder used for magnetic core, stainless steel powder, electrical contacts powder, spray finishing and spray welding powder, amorphous powder as well as other alloy powder as the main items.

2. Industry of alloy powder products.

The company has a staff of 35 people and 2 of them are Doctoral supervisors (employed from Shijiazhuang Railway University ). More than 34.2% of the employees have bachelor degrees including 2 Dr., 3 masters and 5 bachelors. Rich human resources lay a solid foundation for the long-term development of the company.

Based on a solid technical strength, the company is applying for the approval of high and new technology enterprise in Hebei province. Engaged in the new material development, production and sales, the company makes its products widely used in aerospace, information communication, electric power and electronics, metallurgical machinery, petroleum chemical industry, energy and transportation, environment protection, etc.