The company's history can be traced back to 1980 when it was originally established as Mudanjiang Light Industry Papermaking Equipment Factory. In 2000, the company invested in and built a facility in Shanghai Jiangqiao Industrial Park, establishing Shanghai Qianfeng Light Industry Machinery Factory. Subsequently, in 2006, the company invested in and built a facility in Suzhou Singapore Industrial Park, establishing Suzhou Qianfeng Paper Machinery Manufacturing Co., Ltd.

Starting from 2019, the company began gradually expanding its foreign trade business and, for management convenience, established Shanghai Hang'ao Trading Co., Ltd in Shanghai. Since its inception, the company has always attached great importance to product research and development, and has been committed to cultivating a technical team. In 2013, the company was recognized as a high-tech enterprise and a technology-based enterprise in Jiangsu Province, holding multiple invention patents and utility model patents.

As a professional entity, the company integrates product development and manufacturing. The company's main products include upper slitter knives, lower slitter knives, pneumatic pressure slitting knives, slitting knife blades, semi-cutting micrometer adjustment slitting knives, knife holders, pneumatic cutting knives, double-edged lower knives, lower knives, secondary pneumatic slitting knife holders, special paper high-speed thin film paper rewinding machines, high-speed thick paper rewinding machines, high-speed disc paper stripping machines, high-speed paper alignment and loosening stripping machines, upper circular knife grinding machines, blade grinding machines, multi-tube air expanding shafts, etc.