The company was founded in 1953 and was recognized by the Ministry of Machinery as a professional manufacturer of drive shafts in 1969. It was restructured as a limited liability company in 2004, and officially listed on the Shenzhen Stock Exchange on May 18, 2010. The company is mainly engaged in R&D, production and sales of non-constant velocity drive shafts, constant velocity drive shafts and related parts. The company's main products are non-constant velocity drive shafts and constant velocity drive shafts. Corporate honors: “China's Leading Auto Parts Driveshaft Industry”, “China's Top 500 Machinery - Top 50 Auto Parts Companies”, “Top 100 Most Competitive Auto Parts Companies”, “Top 50 Valuable Companies in China”, and “Henan Governor's Quality Award”.