The company was founded in 2005 and is a professional manufacturer of aluminum alloy steam wheels. The company was successfully listed on the Shenzhen Stock Exchange in April 2017. The company's steam turbine products provide supporting services for well-known domestic and foreign car manufacturers such as FAW-Volkswagen, Geely, Chery, SAIC-GM-Wuling, Changan, Great Wall Motors, Citroen Motors, Dongfeng Motors, Japan's Suzuki, Japan's Daihatsu, etc., and are also exported to more than a dozen countries and regions, including the United States, Europe, and Australia. The company is mainly engaged in the business of aluminum alloy wheels and aluminum alloy profiles. The company's main products are aluminum alloy wheels. Company honors include China's top 100 auto parts companies, China's motorcycle parts industry leading enterprises, China's auto parts and wheel industry leading enterprises, national auto parts export base enterprises, national advanced private enterprises with employment and social security, People's Republic of China Customs Class AA management enterprises, and Zhejiang Excellent Enterprise Technology Center.