The company was founded in 1978, mainly for industrial investment, involving cooking utensils, small kitchen appliances and other related businesses. It was listed on the Shenzhen Stock Exchange in 2010. With its strong R&D and manufacturing capabilities, the company has become one of the largest production bases in the world cookware industry. The product quality has been unanimously recognized by the world cookware industry, and it has established long-term strategic partnerships with more than 50 world-renowned cookware brands. The company's main business includes cooking utensils, small appliances, household goods, industrial robots, and providing overall solutions based on intelligence and digitalization. The company's main products are wok, frying pan, soup pot, milk pot, pressure cooker, steamer, electric pressure cooker, induction cooker, electric kettle, wall breaker, kettle, thermos pot, water cup, kitchen tools, four-axis handling, six-axis multi-joint, delta robot, and intelligent manufacturing solutions. The company was successively rated as a famous brand in Zhejiang Province and a famous trademark in Zhejiang Province, and was awarded the title of “China's Famous Trademark” by the State Administration for Industry and Commerce in 2004, “China's 100 Most Valuable Famous Trademarks” by the China Brand Research Institute in 2006, the company was rated as a “Zhejiang Key Cultivation and Development Famous Brand Enterprise” by the Zhejiang Provincial People's Government in 2009. In 2011, it was rated as “China's Top 500 Private Enterprise Manufacturing Companies” by the All-China Federation of Industry and Commerce, and in 2011 it was rated by the All-China Federation of Industry and Commerce. The General Administration rated it as a “National Export Exempt Enterprise for Stainless Steel Products”, and was rated as a “China Quality Integrity Enterprise” by the China Entry-Exit Inspection and Quarantine Association in 2012.