Shanghai Baoyue New Materials Technology Co., Ltd. was established. Leveraging the in-depth expertise of Liye Group in precision casting equipment, it is actively participating in the "Two Aircraft Special Projects".

The company signed a cooperation agreement with Shanghai University to jointly establish a provincial-ministerial-level national key laboratory for high-quality special steel metallurgy and preparation. They have completed the initial technical accumulation and have successfully developed and implemented the main products such as turbine blades, guide vanes, guide wheels, and casing.

The company's production base has been successfully established and completed in Yueyang, Hunan Province. It has also obtained ISO-9001 quality management system certification. The project has been included in the key construction projects of Hunan Province and the key demonstration projects of JMRH in Hunan Province.

The production line layout and equipment debugging of the company have been completed, and it has entered the stage of mass production.
It has obtained the second-level confidentiality qualification for weapons and equipment research and production units and the GJB-9001C weapons and equipment quality management system certification.

The company has achieved rapid and high-quality development in all aspects. In 2023, the company's outstanding orders exceeded 50 million yuan. It obtained the qualification as an equipment manufacturing unit. The MES digital production management system was fully applied, enabling comprehensive and refined management of the entire process from order to delivery.