Wenzhou Cungang Precision Technology Co., Ltd. was established in 2014. The company produces and operates guide posts, guide bushes, nitrogen springs, rectangular springs, punch needles, graphite sliders and other spare parts. Products are widely used in various fields such as hardware stamping molds, die-casting molds, plastic molds, automobile molds, and mechanical automation equipment.

The company's business has developed rapidly, shifting from a single product to multiple product lines; the number of personnel has gradually increased and a variety of guide posts and guide bushings have been developed, and a utility model patent certificate has been obtained.

In 2018, a number of new precision equipment were introduced to continuously innovate and break through product performance to enhance product competitiveness.

In 2021, the research and development of needle roller guide posts and independent guide posts obtained a utility model patent certificate. An e-commerce and foreign trade team was established, with sales peaking at 2 million yuan that month and reaching cooperation with many countries. CUNGANG Steel has made breakthroughs in technological innovation in order to occupy a higher position in China's machinery industry chain.

The factory will be expanded in 2023 from the original 1,000 square meters to 6,000 square meters. Multiple digital equipment will be introduced to increase production capacity, shorten delivery times, and give back to new and old customers with better quality and services.

After years of hard work, it has now developed into a national high-tech enterprise integrating high-precision intelligent CNC machine tools, industrial automation, and smart factories integrating R&D, manufacturing, and sales services. In the future, we will not give in to daydreams or make false alarms. We will ride the wave of the development of the times and forge ahead in the sonorous steps of building the Chinese dream together.