Liaoning Huibao Gold Co., Ltd. is involved in gold ore dressing and smelting with biological oxidation technology; research and development of new production processes, new technologies, and new equipment; promotion of technologies; sales of gold as well as purchases and sales of gold-bearing ores; sales of gold concentrate powder. It has established long-term strategic partnerships with universities and scientific research institutes such as Northeastern University and CNMC Shenyang Nonferrous Metallurgy Engineering & Research Institute, and it has been granted 11 national patents for utility models. In 2016 it was ratified as a high-tech firm by the Ministry of Science and Technology.