Gem-Year Industrial Co., Ltd., the headquarters of Gem-Year Group, was established in November 1995 and is located in the Economic Development Zone of Jiashan County, Zhejiang Province. Its main business involves the production and sales of fasteners, tungsten steel molds, hardware products, precision wires, railway fasteners, automated storage equipment, steel rails, as well as research and development of various types of fasteners. The company is situated at No. 8 Gem-Year Avenue and No. 66 Songhai Road, Jiashan Economic and Technological Development Zone, Zhejiang. With a total share capital of 955.44 million, it is a leading enterprise in the domestic fastener and hardware tool manufacturing industry. It boasts automated three-dimensional warehouses and 1,000 sets of various imported automated production and testing equipment. Utilizing ERP/EBS management systems, it produces high-quality bolts, nuts, screws, precision wires, and non-standard special fasteners in accordance with national standards (GB), American standards (ANSI), German standards (DIN), Italian standards (UNI), Japanese standards (JS), and international standards (ISO). Its products are widely used in numerous domestic enterprises and national key construction projects, including automobiles, high-speed railways, aviation, electricity, engineering machinery, bridges, construction, energy, nuclear power, and more. Its products are also sold in major cities in China as well as markets in the United States, Japan, Europe, and other regions.

Gem-Year Industrial has continuously optimized its group industrial structure and extended its upstream and downstream industrial chains. It has successively established Jinn-Well Auto Parts (Zhe Jiang) Co., Ltd., Gem-Year Auto Parts (Guang Zhou) Co., Ltd., Gem-Duo Co., Ltd., Wise Automation Engineering (Zhe Jiang) Co., Ltd. and other first-class fastener production, trading, and technology enterprises. In January 2007, it was listed on the Shanghai Stock Exchange with the stock code: 601002, and has been recognized as one of China's Top 500 Machinery Enterprises for several consecutive years.