The company, formerly known as Beijing Steel Research Gaona Technology Co., Ltd., was founded on November 8, 2002. In December 2009, the company successfully landed on the Shenzhen Stock Exchange GEM and became one of the second batch of companies listed on the GEM. The company and its holding subsidiaries Hebei Dekai and Xi'an Gaona, wholly-owned subsidiaries Zhuozhou Gaona, Sichuan Gaona, and Liaoning Gaona are the main products of high-temperature alloys, aluminum alloys, magnesium alloys, and titanium alloys, which are key materials for manufacturing core components for aerospace engines, as well as core materials for large-scale power generation equipment, such as industrial gas turbines, helium turbines, flue gas turbines, and thermal power generators. The main products include high temperature master alloys, engine precision castings, aero engine plate forgings, etc. for aerospace; gas turbine turbine discs, protective sheets, etc. for power generation equipment manufacturing; high temperature alloy centrifugal cast pipes and static castings, high temperature alloy precision castings, cutting knives, etc. for petroleum, chemical, textile, metallurgy, etc.; and finishing of rotor parts in aero engines.