The company was founded in 1952, underwent overall restructuring in 1993, and successfully listed on the Shanghai Stock Exchange in 1999. The company's main business is the design, manufacture and sale of various high, medium and low pressure air coolers. The main products include petrochemical air coolers and power plant air coolers. Corporate honors: National Energy Administration's second prize for scientific and technological progress, first prize for scientific and technological progress in China's machinery industry, first prize for progress in electric power science and technology, etc. In 2023, the company's “Natural Gas Storage Compressor Equipped with High Pressure Air Coolers” won the second prize for technological innovation in the Heilongjiang Machinery Industry; “Development of ultra-high pressure air coolers technology and promotion and application in the field of natural gas storage” won the first prize for equipment management and technological innovation achievements in the petroleum and chemical industry; 5 technology projects, including “Heilongjiang Province's First (Set) Product” and “Further Improvement of Enterprise Technology Center Capacity”, received honorary qualifications such as “Innovative Small and Medium Enterprises in Heilongjiang Province”, “2023 Headquarters Enterprise” and “Harbin Technology Innovation Demonstration Enterprise”.