In September 2019, the company partnered with Harbin Welding Institute and Wellweld Welding Materials Co., Ltd. to develop the R&D platforms of Joint R&D Center for Specialized Alloy Materials and High-entropy Alloy Welding Engineering Center. The company was honored as National High-tech Enterprise, Zhejiang Provincial Technological Small- to Medium-sized Enterprise and Jiaxing Municipal Technological R&D Center.