The company was founded by Jiangxi Sanchuan Group Co., Ltd. and listed on the Shenzhen Stock Exchange GEM on March 26, 2010. The company is the vice chairman and secretary general unit of the China Mobile Internet of Things Industry Alliance, the vice-chairman unit of the China Metering Association Water Meter Working Committee, and the executive director unit of the China Urban Water Supply and Drainage Association. The company's current main business can be divided into two major sectors: smart water services and recycling of rare earth resources. The company's products include NB-IoT non-magnetic remote water meters, electromagnetic water meters, multi-sensing ultrasonic water meters, non-negative pressure pipe network superimposed steady flow water supply equipment, smart water cloud platform, and neodymium oxide. Corporate honors: “Sanchuan Brand” has also been awarded as a famous trademark in China, a famous export brand from Jiangxi Province, a famous brand from Jiangxi Province, a famous Chinese brand, a national exemption from inspection, a Jiangxi famous brand product certificate, a national customer satisfaction product, a postdoctoral research workstation, a national high-tech enterprise, and a national technological innovation demonstration enterprise.