On August 9, the foundation stone laying ceremony of the YBJYY New Powder Industrial Base Project was held in High-tech Zone. According to reports, the project has a total investment of 1 billion yuan, covering an area of 100 acres in the first phase, and the construction of an automated production line for metal powder new materials and a research and development base. The main body of the plant is planned to be completed within the year and will be put into operation in June 2019.
BJYY Technology Group Co., Ltd. was renamed from BJYY Nonferrous Metals Research Institute at the end of 2017. It is a central enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council. It has made great contributions to the progress of national key projects such as "two bombs and one star", "Shenzhou spacecraft", "manned spaceflight", "lunar exploration project" and the nonferrous metal industry, and has provided China's nonferrous metal industry and national defense military construction Strong technology support.
In April 2017, BJYY Technology and the Hefei Municipal Government signed a strategic cooperation framework agreement on the project of “BJYY Powder Hefei New Material Industry Base”. The nonferrous metal powder production base project undertakes the industrialization of the group's research results in the field of metal powder materials.