Xinyu Group was founded in 2002 and is headquartered in Wujin National High tech Zone, Changzhou City. It is a private joint-stock enterprise group. The group specializes in diversified businesses such as rail transit, new energy, CNC equipment, office equipment, aerospace, etc. The group headquarters and its subsidiaries have over 4000 employees and total assets of 10.3 billion yuan. Xinyu Group is a national high-tech enterprise, a backbone enterprise of the National Torch Plan Rail Industry Base, and a key production enterprise for locomotive and rolling stock supporting facilities of China Railway Corporation. The group has a provincial-level engineering technology research center, a provincial-level wind power equipment technology research institute, a national level postdoctoral research workstation, a national level EMC electromagnetic compatibility laboratory with an investment of one billion yuan, a 3.8MW wind turbine ground full performance testing platform, and a 3MW traction transmission laboratory. The strategic goal of Xinyu Group is to build an advanced manufacturing enterprise that is "leading in core technology, prioritizing quality services, and leading in brand building". With the business policy of "quality, delivery time, cost, and safety" as the driving force, Xinyu Group will increase effective investment, strengthen technological innovation, accelerate talent construction and market expansion, develop diversified business sectors, unify thinking, explore innovation, increase independent innovation efforts, accelerate internationalization pace, strive to create a "century old Xinyu", and move at full speed towards the goal of becoming a "world-class enterprise group in the equipment manufacturing industry".