Suzhou Ousheng Electric Co., Ltd. was founded on September 25, 2009 with the investment of American Ousheng Industrial Group. The registered capital is USD 20 million and the total investment is USD 40 million. Located in Suzhou Fenhu High-tech Development Zone, it was completed and put into operation in May 2012. The company was listed on the Shenzhen Stock Exchange in April 2022 with stock code 301187. Ousheng Electric has the R&D, design, experimental certification and manufacturing capabilities of air compressors, vacuum cleaners, industrial fans, motors, pneumatic tools and intelligent products. By 2021, a total of 450 new products have been developed and 249 patents have been obtained (including 19 foreign invention patents). High-power silent dry-wet dual-purpose vacuum cleaners and low-noise electronic air compressors have been identified as high-tech products. It has 12 automatic complete machine assembly lines, 6 core component motor production lines, automatic welding production lines for high-pressure gas storage tanks and automatic tank spraying production lines, as well as domestic advanced data centers and software processing systems. The annual production capacity of professional air compressor and dry and wet vacuum cleaner exceeds 1.5 million sets respectively. It is a well-known supplier of Debao, Lloyd's, Wal Mart, Opener, HFT, CTC and other top ten chain retailers in the United States and Canada. Since 2014, the company has been recognized as the National High-tech Enterprise, the Enterprise Technology Center in Suzhou and Jiangsu Province, the Gazelle Enterprise in the National Independent Innovation Demonstration Zone in Southern Jiangsu Province, the First Batch of Smart Pension Key Enterprises in Jiangsu Province, and the Suzhou Science and Technology Demonstration Enterprise. It has won the titles of "Big Taxpayer" and "Top 100 Enterprises" for many consecutive years. Lu Weidong, the chairman of the company, won the title of "Jiangsu Science and Technology Entrepreneur". In the years of production and operation practice, the company has gradually formed its own unique company values, adhering to the supremacy of customer interests, creation and innovation, performance motivation, team cooperation, system and process, and automatic implementation