Engineering and technological research and experimental development; Research and development of motors and their control systems; Research and development of mechanical equipment; Manufacturing of generators and generator sets; Manufacturing of electric motors; Manufacturing of electrical machinery and equipment; Manufacturing of power distribution switchgear equipment; Manufacturing of transformers, rectifiers, and inductors; Manufacturing of railway locomotive and rolling stock parts; Manufacturing of high-speed rail equipment and parts; Manufacturing of new energy original power equipment; Manufacturing of metal cutting and welding equipment; Manufacturing of pumps and vacuum equipment; Manufacturing of gas compression machinery; Research and development of electromechanical coupling systems; Sales of rare earth functional materials; Sales of magnetic materials. Licensed projects: Import and export of goods; Import and export agency; Import and export of technology.