China High Precision Automation Group Co., Ltd. is one of the leading enterprises in the automation instrument industry in China. Under the Group's own Shangrun brand, it engages in two unique but complementary business lines, including (i) the production and marketing of high-precision industrial automation instruments and technical products for the middle and high-end markets of industrial automation instruments; and (ii) clocks and instruments, that is, multi-functional all-plastic quartz watch movements. The differential pressure transmitter segment of the high-precision industrial automation instrument market, where the Group competes, and the quartz watch movement market are all oligopolistic markets. The high-precision automation products developed and produced by the Group concentrate various functional types such as inspection, display, execution, control and complete systems, providing a strong guarantee for improving automated production efficiency in the fields of petroleum, chemicals, natural gas, steel, non-ferrous metals, electricity, heating, building materials, light industry, food, textiles, pharmaceuticals, brewing, plastics, tap water, etc. The all-plastic quartz watch movements developed and produced by the Group have broken the international monopoly position of Japanese manufacturers and created a new situation for the transformation and development of the Chinese watch industry. The management of the Group has rich corporate experience, is highly focused on business development, actively expands industry-related businesses, and explores markets with unlimited potential. In addition to the forward-looking thinking of the management team, China High Precision Automation Group Co., Ltd. attaches great importance to product research and development. As a high-tech enterprise and post-doctoral research base, the group has a research and development team composed of highly qualified personnel from various disciplines such as computer technology, information technology, communication technology, radio technology, electronic circuit technology, automatic control technology, inspection technology, mechanical technology, materials technology, precision manufacturing technology, and famous universities in China such as Tianjin University, South China University of Technology, Shanghai Industrial Automation Research Institute, Fujian Microelectronics Integrated Circuit Key Laboratory, etc. Research institutions establish comprehensive and in-depth technical cooperation relationships to form strong new product development and technological innovation capabilities. Based on good market prospects and leading industrial position, China High Precision Automation Group Co., Ltd. has begun to build a large-scale high-end instrument production base. We are also committed to building the first high-precision automated instrument manufacturer in China based on high-precision machinery manufacturing, taking advantage of the comprehensive advantages of mechatronic integration and multidiscipline, and applying an intensive production model.
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