The enterprise was established in 1953, initially operating as a transport equipment specialist under national industrial departments. Over decades of development, it evolved from a state-owned industrial equipment manufacturer into a large-scale comprehensive group. By 2010, the enterprise transformed into a modern industrial group, expanding its reach into international markets and establishing overseas branches.

Today, the group is a renowned comprehensive industrial entity involved in engineering installation, machinery manufacturing, and textile production. With a long history of technical expertise and a focus on innovation, the group manages extensive import and export operations, delivering high-quality machinery to global markets.