Baotou Rare Earth Huaxing Technology Co., Ltd. was founded in 2008. It is a private high-tech enterprise approved by Baotou Municipal Development and Reform Commission and approved by Inner Mongolia Development and Reform Commission, specializing in the production of rare earth polishing powder and rare earth oxide.With a registered capital of 40.5 million yuan, the company has total assets of 154 million yuan, covers an area of 41,000 square meters, has a construction area of 23,000 square meters, and has more than 100 employees. The company has built a roasting production line with an annual output of 6000 tons of various rare earth oxides and a polishing powder production line with an annual output of 1500 tons.