The name of the company was changed from Shenyang Alloy Investment Co., Ltd. on October 19, 2017. The company was approved by the Shenyang Economic System Reform Commission in December 1987 with the approval of Shen Ti Kaifa (1987) No. 9, a limited company exclusively initiated by Shenyang Alloy Factory, a large state-owned enterprise originally belonging to the Shenyang Metallurgical Bureau, and established through targeted fundraising. The company mainly adopts the “sales to determine production” business model. Sales is the central part of the company's production and operation, and procurement and production revolve around sales. The company's products use nickel, copper, and chromium as the main raw materials, and manganese, iron, molybdenum, niobium, titanium, aluminum, etc. as alloy materials. The procurement model basically uses a “production order” model, and the required raw materials are mainly purchased directly from manufacturers. The company's main products include high-strength corrosion-resistant materials such as K500, I718, and R405, as well as welding materials, electric vacuum materials, electric resistance heating materials, spark plug electrode materials, temperature measurement materials, etc. The company's honors include the “National Level 2 Enterprise” certificate issued to the company by the Enterprise Management Steering Committee of the State Council in 1988; the “Advanced Unit” honorary certificate issued by the Shenyang Municipal People's Government in 1997; in 2002, the company received the “Focus on Technological Innovation, Focus on Academic Exchange” honorary certificate issued by the Chinese Functional Materials Science and Industry; the company was rated as a “National Quality and Reputation Demonstration Unit” by the China Quality and Reputation Supervision Association in 2004; in 2012, the Shenyang Municipal People's Government issued the “Shenyang Famous Brand Product” honorary certificate. The company's products and services have won the trust and praise of customers over the years, and have formed long-term good cooperative relationships with upstream and downstream customers.