(1) In November 2003, the company set up the Beijing Jin Lin xin Magnetic Technology and Development Co., Ltd. In Changping, Beijing, and established a complete product processing line. The main business was manufacturing Nd-Fe-B magnet for mobile phone vibration motor , mobile phone receiver, and Coreless DC Motor. The main customers are from Shenzhen and Zhejiang’s domestic leading enterprises. In 2004, the annual sales was 20 million yuan. year by year’s increasing , the annual sales exceeded 50 million yuan in 2009.

(2) The company moved to Beijing Miyun Economic Zone in 2010 and established a capacity of 800 tons of sintered NdFeB production line, the annual turnover reached 170 million yuan.

(3) In 2010, the company upgraded and developed high-end consumer electronics customers and started to support products for Samsung and Apple’s mobile phone parts suppliers. Formally stepped forward for the production of "high, precision and special" products, took the "professional" road for business development model.

(4) Obtained the qualification for Samsung mobile phone parts and components supply.

(5) In order to manage and development better in 2014 , the company registered the previous Semi product factory as Beijing Advanced Permanent Magnet Co.,Ltd. And renamed Beijing Jin Linxin Magnetic Technology Development Co. Ltd as Beijing Prosper Permanent Magnet Co.,ltd (short as BPPM). The annual production capacity of sintered NdFeB is up to 1500 tons.

(6) In 2015, BPPM passed the qualification audit for Apple mobile .

(7) Annual turnover reached 300 million yuan in 2016.

(8) At the end of 2016, BPPM began to invest in the construction of an international production base in Baotou rare earth Hi-tech Zone in Inner Mongolia province. It is expected to be put into operation by the end of 2018. By then, the company's annual output capacity will reach to 5000 tons.