Mr. Chen Xiangsheng, the founder of the company, established the Penggong Abrasive Belt Factory in Yuhang City to convert the strong sanding cloth of the "Feilu Brand" of the Shanghai Grinding Wheel Factory, and developed a unique invention patent for the belt conversion equipment and two belt joints. R & D, leading the industry's business objectives, with "integrity experience, quality and establish a factory" as the purpose of the beginning of the company's development path.