Donated by a Living Buddha of Zhuqing Monastery (Nyingmapa or Red Sect), the pagoda was built in 1997 with over 100kg pure gold to commemorate the 10th Panchen Lama.
Behind the pagoda stands the 5800 meters high Mt. Yala.
The peaks are covered by snow year-round. It is worshipped by Tibetan as the patron saint of the area.