The company was founded in December 2006 and successfully first listed on the Shanghai Stock Exchange in November 2016. In 2018, it acquired 100% of the shares of Jiangtong Minbang and Weiyuan Minbang to achieve the overall listing of Minbang manufacturers in the province. In 2019, it acquired Beijing Taige Times and entered the rail transit field; in 2020, it acquired Jiangxi Smart IoT Research Institute Co., Ltd. to enter the IoT industry; in 2021, it acquired Beijing Shenzhou Zhihui Technology Co., Ltd. to enter the field of simulation, acquire Jiangxi Aoke New Materials Technology Co., Ltd., and enter the field of new materials. The company's main business is the integration of R&D, production, sales and blasting services of civilian blasting equipment. The main products are civilian blasting equipment such as industrial explosives, industrial detonators, and industrial cables, and it is one of the most comprehensive civilian blasting equipment manufacturers in the country. The company has received honors such as famous trademarks in Jiangxi Province, civilized units in Jiangxi Province, pilot demonstration enterprises for intelligent manufacturing in Jiangxi Province, national high-tech enterprises, the “Type 5 Team” of the Jiangxi Civil-Military Integration System, and a post-doctoral innovation practice base.
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