Panzhihua Bingyang Technology Co., Ltd. (hereinafter referred to as "Bingyang Technology" or "Company") was established on April 30, 2003. It has a registered capital of more than 170 million yuan and currently has more than 300 employees. It is based on its own patented technology. A national high-tech enterprise that comprehensively utilizes solid waste such as clay ore, coal gangue, blast furnace tailings, etc.

The company owns four wholly-owned subsidiaries, including Sichuan Guangmao New Materials Co., Ltd., Sichuan Huayun Tianchen New Materials Technology Co., Ltd., Yanbian County Hongjinxing Clay Mine Co., Ltd., Panzhihua Bingyang Mining Co., Ltd., and one stake in quartz sand. Mining company Leshan Taizhong Mining Co., Ltd. The company owns two bauxite resources mines. The company's ultra-low density and high-strength fracturing proppant product is widely used in the mining and application of shale oil and gas of CNPC and Sinopec. It is the main supplier of proppant for oil and gas mining drilling and fracturing in the country.

On December 28, 2020, the company successfully issued shares in the National Equities Exchange and Quotation System and listed and traded in the Selected Layer. It is a company in the Selected Layer of the New Third Board of Sichuan Province. The company's public stock issuance price is 7.20 yuan per share, and the number of shares issuance is 35.6 million. On November 15, 2021, the Beijing Stock Exchange (Beijing Stock Exchange) officially opened. The company moved from the New Third Board Selected Layer to the Beijing Stock Exchange. Bingyang Technology became the third in Panzhihua area after Vanadium Titanium Co., Ltd. and Anning Co., Ltd. Listed companies.

Since its establishment, the company has always adhered to the principle of "people-oriented, technological innovation, pioneering and enterprising", adhered to the business philosophy of "integrity first, quality first", and built the core competitiveness of the company through technological innovation. It has obtained three-system certification and American API quality. Management system certification; a provincial "enterprise technology center" was established, and the company's testing center obtained a national CNAS accreditation certificate.

The company has successively established fracturing proppant research and development bases and laboratories with scientific research institutions and institutions such as CNPC Technology Equipment Department, Southwest Petroleum University, and has carried out good talent training and technical cooperation, and mastered a number of core technologies with independent intellectual property rights. ; Currently, it has 34 patents and 8 soft patents; of which 15 invention patents are available.

In the future, the company will adhere to the development concept of "innovation, coordination, greenness, openness and sharing" and accelerate technological innovation. On the one hand, it will carry out overall planning and implementation of mining ore resources, improve the comprehensive utilization of mining resources, and effectively implement the conservation and intensive utilization of mineral resources. The social responsibility of the Panxi region is to develop green mining and build harmony in minerals and land; on the other hand, based on the unique vanadium titanium and coal mine resources, strengthen the research and development of new technologies and products, and further improve the comprehensive utilization level of resources.