Luoyang Pengfei Wear-resistant Materials Co., Ltd. (referred to as "Luoyang Pengfei Company"), invested and built a factory in the north of Maoguo Village, Baima Temple, Luolong District, Luoyang City in 1979, covering an area of ​​43.6 acres, relying on scientific and technological hard work to develop and innovate. In 2013, the company developed into a "high-tech enterprise in Henan Province" with a construction area of ​​more than 26,400 square meters. Due to the short supply of products, in June 2013, it invested 320 million yuan in Ruyang County Industrial Concentration Area in Luoyang City. The first phase of the project invested 150 million yuan. It was put into operation in June 2014, covering an area of ​​184 acres and a building area of ​​42,000 square meters. By 2017, more than 39 million yuan of various taxes have been handed over to Ruyang County, making it the fastest investment-inviting enterprise in Ruyang County to build factories and generate the best economic benefits.

　　Luoyang Pengfei Company relied on independent innovation of science and technology to invent and develop "Nano-ceramic wear-resistant coating", which filled the domestic gap at that time; successfully invented and developed "Nano-ceramic preheater inner cylinder" to fill the world gap; invented and developed "cast steel ceramic grinding disc liner" "Fill the world blank; successfully invented and developed the "high crystal ceramic ball energy-saving product" to fill the world blank; won 18 national invention patents, 46 national new patents, and won the national building materials industry "independent innovation award" and "non-metallic refractory material award "Special Contribution Award", "First Prize" International Patent and New Technology Expo and "Special Gold Award" have become famous brand products at home and abroad. The products are mainly supplied to the wear-resistant parts of domestic and foreign cement, steel, mining, military equipment, etc., making great contributions to users' energy saving and consumption reduction, improving production technology, and increasing economic benefits. They are welcomed by users at home and abroad. The product market share has reached 60 %the above. The products are in short supply. The products have been promoted and used in more than 90 dry cement production lines in Vietnam, and the export trade is expected to be over US$5 million.

　　In 2018, Luoyang Pengfei Company plans to sell 300 sets of "nano-ceramic preheater inner cylinders" at home and abroad, with an average of 400,000 yuan per set, which can achieve an industrial sales output value of 120 million yuan. It is planned to sell more than 6,000 tons of "high crystal ceramic ball power-saving products" at home and abroad, which is generally 13,000 yuan per ton in China, and the domestic and foreign sales industrial output value can be 90 million yuan. Domestic and international sales of "nano ceramic wear-resistant coatings" are about 3,000 tons, and an average of 10,000 yuan per ton can achieve an industrial sales output value of more than 30 million yuan and an international trade export value of more than 5 million US dollars. At present, the "cast steel ceramic composite liner" successfully invented and developed by our company has won the national invention patent and has been praised by users at home and abroad. The company's "high crystal ceramic ball energy-saving products" will be used in the ball mill to increase the savings for users Power consumption, the product was ordered by the user contract before it was released. It is expected to be put on the market in batches in June 2018. In particular, the "cast steel ceramic composite grinding disc liner" successfully invented and developed by our company using advanced casting and casting technology is favored by the military industry and is expected to be launched on the market in the second half of 2018.

　　Luoyang Pengfei Company expects to achieve a sales output value of about 200 million yuan in domestic and foreign markets in 2018, and a net profit of about 50 million yuan after tax, which fully meets the conditions for listing on the GEM. Especially our company is located in one of the poor counties in the country. It is the establishment of the high-tech enterprise "Henan Provincial High-tech Wear-resistant Materials Engineering Research Center" and the recently established "Henan Provincial Advanced Materials Research Institute" approved by the Henan Provincial Department of Science and Technology. It fully meets the national innovative enterprise standards and will be established in June 2019. Listed on GEM before 30th.

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