Zhejiang Wanli Textile Machinery Co., Ltd. (founded in 1997, registered capital RMB 58.88 million) is based in Xiaoshan, Hangzhou, covering 300 mu (≈20 hectares) with over 400 employees, including 120 technical specialists. It hosts a provincial-level key research institute, with an annual R&D budget of approx. RMB 10 million and advanced imported machining and testing equipment. The company holds 23 invention patents and 7 provincial/ministerial science and technology awards. It is accredited as a National High-Tech Enterprise, Provincial "Specialized and Sophisticated" SME, and certified with Zhejiang Made "Brand" standard. Its main products include 16 series of textile machinery (e.g., rapier looms) and carbon-fiber composite equipment, exported to many countries, with USD 35 million in export earnings in 2022. Corporate philosophy: create ultimate, cost-effective, and intelligent products.