Mu Ogasiti 1993, Zhaolian Wang, Purezidenti ndi Wapampando, ndi anyamata awiriwa adagwirizana ndipo adaganiza zoyambitsa bizinesi ndipo adabwereka CNY 10,000 kuti ayambitse bizinesiyo. Mphamvu yayikulu ya chitukuko chachangu cha Huate ndi luso latsopano. Kupanga zinthu zatsopano kumapangitsa kuti Huate ikhale yabwino kwambiri komanso chitukuko chachikulu. Huate wadutsa nthawi zinayi zofunika:
Kampaniyo inayamba kupanga zinthu zolekanitsa zitsulo pogwiritsa ntchito nyumba ziwiri zokhala ndi udzu komanso ofesi.
Pogwiritsa ntchito mgwirizano wa makampani, mayunivesite, kafukufuku, ndi mgwirizano pakati pa makoleji ndi mabizinesi, masukulu ndi mabizinesi, zinthu ndi ukadaulo wa kampaniyo poyamba zikutsogolera pamsika.
Kuchotsa chitsulo cha maginito pogwiritsa ntchito superconducting, kuziziritsa kwa nthunzi, kuziziritsa mafuta mokakamiza, kusakaniza kwa maginito kosatha, zida zolekanitsa maginito ndi zida za ufa, ndi ukadaulo wotsogola kunyumba ndi kunja, kukula kwa kampaniyo kwakula mofulumira. (5777 Huate Road).
Kukhazikitsa kusintha kwa machitidwe a magawo a makampani, kufufuza mwachangu misika yapadziko lonse, kutumiza zinthu kumayiko oposa 30, ndikutsegula mutu watsopano panjira yopita kumayiko ena.
Mu Disembala 2014, Huate Magnet inakhala kampani yoyamba ku Linqu komanso yoyamba mumakampaniwa kupeza bwino pamsika wadziko lonse wamakampani (stock code: 831387).
Pakadali pano, kampani yathu yakhala imodzi mwa mabizinesi akuluakulu kwambiri omwe ali ndi kukula kwakukulu, mitundu yonse yazinthu komanso ntchito yabwino kwambiri mumakampani opanga maginito padziko lonse lapansi, ndikupanga zinthu zakale zamaginito ku China ndikupanga kampani yotchuka padziko lonse lapansi ya maginito. Huate ipitiliza kupeza chipambano chapadera mtsogolo.
