Anhui Lizhi Magnetic Material Co., Ltd. is a subsidiary of Anhui Develop Amorphous Equipment Co., Ltd, which in charge of the overseas marketing business. Anhui Develop Amorphous Equipment Co., Ltd., locates in Lujiang Economic Development Zone, Anhui Province, with a registered capital of RMB 11 million, has been engaged in R&D, and production of amorphous and amorphous ribbons, iron cores, and induction parts since 1993. Over the years, its output has accounted for 20% of domestic market share, and iron core components have reached 3, 500 types. Its products are spread throughout China, and widely used for national large construction, such as 1998 Rural Reconstruction, Three Gorges Hydroelectric Project, Qinghai-Tibet railway Power Hub, and 2008 Olympic Venues. "Our small devices are used for large projects".