The company was founded in July 2001 by Professor Huang Boyun, an academician of the Chinese Academy of Engineering, former president of Central South University, and doctoral supervisor, and is a high-tech enterprise formed by a team of outstanding domestic experts and scholars in the field of powder metallurgy composites. In September 2009, Boyun New Materials A shares were issued and listed on the Shenzhen Stock Exchange. The company is mainly engaged in R&D, production and sales of aircraft wheel braking systems and braking materials, aerospace carbon/carbon composites, high-performance hard alloys and rare metal powder materials. The company's main products are aircraft wheel braking systems, aircraft braking materials, aerospace and civil carbon\ carbon composites, high-performance hard alloy materials, and rare metal powder materials. Corporate honors: National Technological Invention First Prize; National Technological Invention Second Prize; International Industrial Fair Gold Award; High-tech Industrialization Achievement Award; Second Prize for Army Science and Technology Progress; First Prize of the 2021 Hunan Advanced Technology Transformation and Application Competition; First Prize of the 2021 Hunan Advanced Technology Transformation Application Competition, etc.