Wenzhou Ounaidi Flange Co., Ltd was founded in 1978 with a registered capital of 82, 000, 000 yuan, covers an area of 54, 000 square meters and a building area 35, 400 square meters, processing and testing equipment 182 pieces (sets), the existing staff of 268 people, including 69 engineers and technicians. 2006 output value of 238 million yuan valves, the company is now focused on new products for the state and national torch program manufacturing enterprises, high-tech enterprises in zhejiang province, China association valve industry units, the China petrochemical material resources of the members of units, the China national petroleum corporation, a provider networks member units, cnooc supply network member units, the national water and electricity supply network system valve member units. AAA-company bank credit, tax credit AAA level enterprises, key enterprises in wenzhou city.

Company founder of the high-tech special valves zhejiang research and development center, "Europe" brand was named zhejiang famous.