The development history of the Group's electrical machinery sector：
The Phoenix Mecano Group was founded in Switzerland in 1975 and was listed on the Zurich Stock Exchange in 1988. PM Group has nearly 6,000 employees worldwide, 55 subordinate branches, distributed in 26 countries, across 5 continents, and a total of 19 production and assembly plants. In 2009, Dewert and Okin achieved brand mergers and acquisitions, headquartered in Germany. In December 2010, DewertOkin established DewertOkin Technology Group Co., Ltd. in Jiaxing China. In 2018, Haining Myhome Machinery Co., Ltd. was acquired.
DewertOkin Technology Group Co., Ltd. is located in the Wangjiangjing Economic Development Zone, Jiaxing City, Zhejiang Province, where is the most economically dynamic Yangtze River Delta region in China, with a total of 846 employees. The company completed a 36,000-square-meter integrated office and production area in July 2017, and established the Jiaxing Dream Factory as the Asian center. We have driver brands OKIN and Dewert, our products are widely used in: Smart homes (functional sofas, massage chairs, theater chairs, senior chairs, smart electric beds, etc.); Smart medical treatment (medical bed, nursing care bed);