2020

In September, the company was renamed "Shandong Luyin New Materials Technology Co., Ltd." This is a major strategic move for the company to focus on the new materials industry and expand its high-end product offerings, marking a new journey of high-quality development for the enterprise.

2019

The company, in collaboration with Beijing University of Science and Technology, has officially received funding from the Shandong Provincial Department of Science and Technology for the 2019 Shandong Provincial Key Research and Development Plan (Major Scientific and Technological Innovation Project) - Preparation and Application Technology of Low-Cost Metal Powders for 3D Printing and Injection Molding.
The company has been designated as a "Shandong Provincial Manufacturing Single Champion Enterprise" and a "Top 500 New Materials Leading Enterprise in Shandong Province in 2019".

2016

The groundbreaking ceremony for the company's new project, "Annual Production of 100,000 Tons of High-Performance Alloy Special Powder Materials," was held. The project was successfully selected as one of the first batch of preferred projects in the Shandong Province Major Project Database for New and Old Kinetic Energy Conversion.

2013

In January, the company participated in the national 863 Project, "Advanced Preparation Technology for High-Density Iron-Based Powder Metallurgy Components," which was approved by the Ministry of Science and Technology. The company participated in the "New Low-Cost Powder Metallurgy Steel Materials and Component Strengthening Technology" project, mainly undertaking the research and development and industrial production of high-quality ore-reduced powder and Mn-containing low-alloy powder.
In May, the company participated in the national "863 Project," "New Low-Cost Powder Metallurgy Steel Materials and Component Strengthening Technology" project.

2009

In March, the company was awarded the title of "National Key High-tech Enterprise" by the Ministry of Science and Technology.
In April, the company's application for the National Science and Technology Support Program project "Research and Application of Key Technologies for High-Performance Steel Powder Metallurgy Materials" passed the review and was officially approved.

2002

In January, the key project in Shandong Province, the "40,000-ton annual output water atomization steel powder production line", broke ground, marking the company's entry into a fast lane of innovative technological development.
In November, the "Research on 40,000-ton annual output water atomization steel powder production technology" project was included in the National High-Tech Research and Development Plan (863 Program).