Founded in 1991 the Huafon Group, located in Ruian – a county-level city administered by Wenzhou in East China's Zhejiang province – is a major industrial concern.
The Chint Group, an industrial electrical equipment and new-energy enterprise, is helping construct several hundred photovoltaic power stations in countries involved in the Belt and Road Initiative.
Penta Laser Co debuted its 30,000-watt super-high-power fiber laser cutting machine, the first of its kind in China, at the 17th China International Machine Tool Show in Beijing on April 12.
