Taiyuan Twin Tower Corundum Co., Ltd. is approved by the People's Government of Shanxi Province, Taiyuan Twin Tower by the corundum (Group) Co., Ltd. and Taiyuan Dongshan Coal Mine Co., Ltd. co-sponsored by the reorganization of assets, raising methods used to establish the joint stock company. On August 8, 1997 at the Shenzhen Stock Exchange, is the first listed company in Taiyuan. Company's total share capital of 27,680 shares, of which the sponsor of state-owned legal person shares 4936 shares directed domestic legal person shares 11304 shares of corporate, public shares 114.4 million yuan shares. As of 2003, with total assets of 1.343 billion yuan, 76,500 yuan of net assets, employees 1745 people.

a subsidiary of a subsidiary Shanxi Innuovo Magnet Co., Ltd., Zhejiang Innuovo Magnet Co., Ltd., Taiyuangangyu International Trading Co., Ltd., Taiyuangangyu Logistics Engineering Co., Ltd., Taiyuangangyu Magnetic Industrial Co., Ltd.; holding subsidiaries have Taiyuangangyu Dongshan Cogeneration Co., Ltd., Hengdian Group Shanghai Russia & Gold Basalt Fiber Co., Ltd.; under a provincial technology center - Taiyuangangyu Technology Center.

Our main products are rare earth permanent magnet materials and products, corundum products, logistics, equipment and control and information systems. Are rare earth permanent magnet materials have been developed N45, 44UH, 40SH, 35UH, 30EH, 33UH and other high performance NdFeB materials, production capacity of 3,000 tons; with an annual output of 60,000 tons production capacity of corundum block, can produce 30,000 tons 0-350mm different size segments and F4-F220 for corundum grain of sand and sand, while providing F230 head to fine powder products; also produce modular shelves, welded top shelf, single-or double-column stacking rail tunnel machines, conveying equipment out of storage, computer control systems, "corundum" brand automated warehouse in 2000, was identified as "Shanxi Province" products. Taiyuangangyu International Trade Co., Ltd has the right to import and export, in addition to production for export products, mainly also operates alumina powder, aluminum ingots, machinery and equipment import and export business, the business scope extends to Europe, America, Korea, Japan, Southeast Asia other regions and countries.

companies to implement institutional management, and implementation of technology innovation strategy, the ongoing industrial and product structure adjustment, flexible marketing strategy, focusing on corporate culture. Companies were in 1998, 1999 and passed the ISO9001 quality system certification and ISO14001 environmental management system certification, business development, and achieved good economic, social and environmental benefits.

present, Taiyuan, Shanxi Province, the twin towers Corundum Co., Ltd. has become the export of advanced units and key enterprises. With the company's products continue to adjust the industrial structure, the further implementation of human resources strategy and innovation system of gradual improvement, Taiyuangangyu will be "honesty, cooperation, hard work, win-win" for the development of ideas to achieve maximum effectiveness of the company and shareholders, employee benefits to maximize the unity to achieve the company's rapid development.