The predecessor of the company, the state-run Yongda Machinery Factory, was founded in 1965 as one of the three major specialized precision small modulus gear processing factories of the Ministry of Electronics Industry of the People's Republic of China, with the military code of 4971. The company is now located in the north side of Gaocheng East Road, Economic and Technological Development Zone of Lu'an City, China (ZIP code 237161), covering an area of 140 acres; the existing employees are nearly 700, including more than 200 professional and technical personnel of various types ( At the end of September 2012); with a variety of finishing equipment and testing instruments nearly 500 sets, including more than 50 sets of key equipment imported from the world's leading machine tool manufacturers; now has an annual production capacity of 15 million pieces of precision transmission parts.