The company is located in the country's largest tungsten waste distribution center - Gaoming Circular Economy Industrial Park, Anhua County, Hunan Province, and has a wholly-owned subsidiary - Hunan Century Yintian New Materials Co., Ltd. in Longling Industrial Park, Yiyang City, Hunan Province. Covering an area of 120 acres, the built plant area is more than 50,000 square meters. After the production capacity is fully released, the annual output value can reach more than 1 billion yuan. The company is a rare metal circular economy enterprise that comprehensively utilizes waste cemented carbide, superalloy, lithium-ion batteries and other metal wastes to develop and deeply process various cobalt, tungsten, nickel and other products. The main products include battery-grade cobalt chloride, battery Grade cobalt sulfate, ammonium metatungstate, ammonium paratungstate, nickel sulfate, cobalt carbonate and other metal by-products are mainly used in the manufacture of ternary lithium-ion battery cathode materials, petrochemical smelting catalysts and denitration catalysts.