In 2002, it entered into a joint venture with AADI
In 2002, the joint venture with the United States AADI company, invested 20 million yuan to establish the Sino-foreign joint venture Ningbo Fulai Mechanical Seal Co., LTD., in Fenghua Economic and Technological Development Zone, No. 278 Kaiyuan Road, land acquisition of 16,000 square meters, construction area of 10,800 square meters of production building has been put into production. At present, the company's products all over the country more than 20 provinces, cities, autonomous regions, and exported to the United States, Canada, Europe, South Africa, Australia, New Zealand, the Middle East and Southeast Asia and other countries and regions. The main customers are large and medium-sized pump enterprises and large backbone enterprises of Sinopec and petrochina.