On the morning of Jan 6th, 2015, the government officials paid a visit to Tianhe(Baotou) including deputy party secretary of CPC and chairman of Inner Mongolia Autonomous Region Bartel, municipal party secretary of Baotou Zhonghe Wang, Baotou mayor Gang Bao and deputy mayor Shiming Zhang, party committee secretary of Baotou rare earth high-tech zone Jianmin Han and deputy secretary Yuliang Miao, director of Baotou economy and information committee Fuxin Guo, etc. Company president Wenjie Yuan, vice president Ya Chen and other company leaders warmly welcomed them and accompanied them to visit the R&D center, testing center and production plants.
During visit, company president Mr.Yuan gave a brief introduction to chairman Bartel about business development strategy programming and recent technical innovation progress of the company.
Tianhe(Baotou), as the big R&D center and permanent magnets production base with annual capacity of 10000tons, was established in 2008 by invitation of Baotou Rare Earth Zone Merchant Group to support the government policy of building Baotou into a rare earth city and extending the rare earth industrial chain.
Under the lead and support of municipal government and region governments, Tianhe(Baotou) has achieved great development and improvement. Our goal is to realize the output of 10000tons in 2019 and then the sales volume will reach to 3 to 5 billion RMB(appr.492 to 820 million USD).
Regarding technical innovation, Tianhe was awarded NdFeB Engineering and Technological Research Center and Enterprise Technology Center of Inner Mongolia by its technical strength. Tianhe will attach great importance to R&D and technical innovation as always and keep its leading position in the development of rare earth permanent magnets industry.
President Wenjie Yuan is introducing company’s development strategy programming to chairman Bartel.
Vice president Ya Chen is reporting to chairman Bartel.