The company was founded in 2002. Its predecessor was founded in 1946. After more than 70 years of development, it has become an industry-leading enterprise integrating scientific research and development, precision manufacturing, marketing services and capital operations, specializing in providing one-stop supply and service of mechanized, intelligent and information equipment for the cotton industry. The company was listed on the Shanghai Main Board in 2016 and is the only listed company in the cotton processing machinery manufacturing industry. The company is mainly engaged in R&D, production and sales of complete sets of cotton harvesting and cotton processing machinery. The company's main products are cotton processing machinery products, harvesting machinery products and other agricultural machinery products. Company honors include the second prize of the National Science and Technology Progress Award, the first prize for scientific and technological progress of the Ministry of Commerce, the first prize of the Shandong Science and Technology Progress Award, the 3rd National Science and Technology Exchange Gold Award, the second prize of the National Supply and Marketing Association Science and Technology Progress Award, the first National Industrial Design Competition Gold Award, the third prize of the Xinjiang Autonomous Region Science and Technology Progress Award. The company successively won the Shandong Provincial Full Staff Innovation Enterprise, Shandong Province's first (set) technical equipment and key core component product manufacturer, national intellectual property advantage company Sperm Special focus on “Little Giant” enterprises and other honors.
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