The company was founded in July 1990. It is a listed company that has long been committed to supplying motors and their core components based on independent innovation, product research and development, and mold development, a national high-tech enterprise, one of the top ten enterprises in China's automotive electronics and electrical industry, a green enterprise in Zhejiang Province, and an advanced customs certification enterprise. The company is mainly engaged in R&D, production and sales of various types of motors and their core components, and provides professional supporting services to many large domestic and foreign electric appliance manufacturers, such as Valeo (Valeo), Bosch (Bosch), Denso (Denso), etc., and is the world's largest supplier of automobile generator stator cores. The company is mainly engaged in R&D, manufacturing and sales of various motor core components business. The company's main products are automobile generator stators and assemblies, automobile micro motor rotors, electric bicycle stators and assemblies, elevator traction machine stators, electric tool motor rotors, VVT (automobile variable valve timing system), home appliance motor rotors, etc. Company honors: High-tech enterprise, Zhejiang green enterprise, China's top ten automotive electronics industry enterprises. The company was announced as a pilot enterprise for future factories in Zhejiang Province by the Zhejiang Economic and Credit Department in June 2023, and received the national green factory honor announced by the Ministry of Industry and Information Technology in November of the same year. The company has successively won honors such as National Green Factory and Zhejiang Future Factory Pilot Enterprise.