The company is a limited liability company established in 2002 by 11 natural persons including Wu Peisheng, approved by Zhejiang Listing Leading Group of the Zhejiang Provincial People's Government for Enterprise Listing [2002] No. 74. In April 2008, the company was listed on the Shenzhen Stock Exchange. The company is mainly engaged in R&D, production and sales of rubber V-belt system products. The company's main products are rubber V-belts, which can be divided into wrapping belts and cutting belts according to the process. Corporate honors: The company was awarded as a high-tech enterprise, the Sanlix brand rubber V-belt was rated as a famous Chinese brand product and a national exempt product, the Sanlix brand was recognized as a famous Chinese export brand, etc., and received the honor of “High-tech Enterprise”. In 2018, the company won the “Zhejiang Manufacturing Internet Integration Development” model enterprise, and won the title of “Zhejiang Made in Quality” in 2019. In 2021, it won the “2021 Zhejiang Invisible Champion” and the “2021 Shaoxing Mayor Quality Award”, etc. It won honors such as “National Intellectual Property Advantage Enterprise” and “2022 'Made in Zhejiang Production'”.