The company was founded in 2008. It is a national high-tech enterprise specializing in R&D, production, sales and service of speed reducers. It has two major production bases for general purpose speed reducers and industrial gearboxes. The company has now become one of the well-known enterprises in the Chinese speed reducer industry, and is at the advanced level in China in terms of technology, equipment, and product performance. In recent years, as a drafting unit, KONE has participated in the formulation of 4 national standards and industry standards for speed reducers; it has many core technology patents and independently developed several series of speed reducer (gearbox) products, some of which are listed as national key new products and national torch plan projects. The company is a high-tech enterprise specializing in R&D, production, sales and service of speed reducers, a national specialized, and new “little giant” enterprise. The company's main products are self-branded “KONE” series speed reducers, which are further subdivided into general purpose speed reducers and industrial gearboxes according to differences in structure and other aspects. The company has successively been awarded honors such as a national-level specialized and innovative “Little Giant” enterprise, a national green factory, and an “invisible champion” enterprise in Zhejiang Province, and has played an exemplary leading role in promoting the high-quality development of the private economy.
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