The company is an important member enterprise of China Machinery Group. It was founded in 1958, formerly known as the Guangzhou Electric Appliance Research Institute. It is a national comprehensive applied research institution jointly established by China and the five Eastern European countries. It originally belongs to the Ministry of Machinery Industry and is mainly engaged in environmental adaptability research of electrical products. Listed on the Shanghai Stock Exchange Science and Technology Innovation Board in 2019. The company is mainly engaged in four major business areas, including quality technical services, electrical equipment, complete equipment, environmentally friendly coatings and resins. The main products are new energy battery post-processing systems, excitation equipment and industrial power supplies, intelligent CNC sheet metal equipment, intelligent assembly lines, automatic inspection lines, intelligent welding lines, intelligent coating lines, coating and surface treatment equipment, testing equipment, polyester resins, powder coatings, water-based coatings, etc. Corporate honors: It has won the honorary title of China Machinery Group's “Advanced Unit of the Year” for six consecutive years, and has won honors such as “Excellent” evaluation in China Machinery Group's party building assessment for four consecutive years.