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Was ounded in 1956
It is a national authorized large industrial enterprise. It is the 80th of China's Top 100 machinery enterprises, and one of the 164 key enterprises which are strongly supported by the People's Government of Zhejiang Province. Among the member companies, there is the world largest manufacture of pneumatic rock drills, the national largest manufacture of drilling equipments, the largest in Asia and the third largest in the world manufacture of air compressors. What's more, one of its member company, Zhejiang Kaishan Compressor Co., Ltd has announced its public listing in Shenzhen Stock Exchange in August, 2011 (Stock Code: 300257).
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