The company was founded in 2000 and is a key enterprise in the machinery industry in Zhejiang Province and an important manufacturing base for CNC machine tools of the former Ministry of Machinery. It successfully entered the A-share market in 2004, and the company's shares were listed on the Shenzhen Stock Exchange. In 2010, the company was successfully listed on the Shenzhen Stock Exchange. The company's business scope: R&D, production and sales of CNC machine tools and mechanical products; R&D, processing and sales of aviation parts; R&D, production and sales of aerospace, aircraft and equipment; R&D and sales of computer software and hardware; and import and export business. The company's main products are CNC machine tools, mechanical products, aviation parts, aerospace, aircraft and equipment, computer software and hardware, etc. Company honors include “Top Ten CNC Machine Tool Production Value Companies in China's Machine Tool Industry, Top Ten Enterprises with Comprehensive Economic Benefits”, etc.