The company was approved by the Hubei Economic System Reform Commission's E-Sports Reform Commission [1997] No. 343 in November 1997. It was jointly initiated by Wuhan Biyaxin Biotechnology Co., Ltd. (now renamed “Wuhan Next-Generation Technology Co., Ltd.”), Wuhan Donghu New Technology Development Zone Development Corporation, Wuhan Cigarette Partner Bioengineering Co., Ltd. (now renamed “Shanghai Rixingkang Biotechnology Co., Ltd.”), Hubei University of Traditional Chinese Medicine, Tongji Medical University, and Fudan University (Hubei) Life Science Experimental Base. The company's main business is the processing and manufacture of PC (PrecastConcrete concrete precast) molds, molds, and truss bars. The company's main products are prefabricated component (PC) molds, wind power mixing tower molds, mold platforms, and truss bars.