Ningxia Baobang Metal Materials Co., Ltd. was established in December 2017 and organized the investment and construction of Zhuzhou Hechang Rare Metal Materials Co., Ltd. in 2018. The company has a one-stop supply and marketing system for the purchase of raw materials for mineral products, hydrometallurgical pyrometallurgy and the sale of tantalum and niobium materials. From raw materials to product terminals, the company is committed to creating the business philosophy of "professional quality and excellent service" to win the trust and support of customers and application terminals.

The company has set up an office in Burundi, Africa, which is specially responsible for the procurement of African mineral products and international logistics. After the raw materials of tantalum and niobium ore are smelted by Hengyang Xinlaifu Hydrometallurgical Plant and Zhuzhou Hechang Thermal Metallurgical Plant, the finished products mainly include bars, bars, plates, tantalum and niobium ingots and niobium smelting. The following year, the company established long-term and stable cooperative relations with China Zhenhua (Group) Technology Co., Ltd., Western Materials Co., Ltd., Ltd., Beijing Iron and Steel Research Institute and other large state-owned enterprises and listed companies. The product users are distributed in 20 provinces and prefecture-level cities such as Beijing, Shanghai, Shenzhen, Chongqing, Shenzhen, Changsha, Xi'an and Taizhou.