In 2017, the market-oriented reform of state-owned enterprises with mixed ownership began to be implemented.
In 2018, the acquisition of 65% of Tianjin Baoying Computer Machinery Co., Ltd. accelerated the pace of sewing automation equipment in China.
In 2019, the company's Shanghai Time-Honored Brand "Butterfly " held its 100th anniversary celebration.
In 2020, the intelligent production base in Huangyan, Zhejiang was completed and put into operation.
In 2020, the Bensheim Intelligent Research and Development Center in Germany was completed for trial production.
In 2023, the acquisition of Sonotronic GmbH in Germany further advanced the strategic development of intelligent manufacturing in the field of material joining technology, reaching new heights.
In 2024, the company acquired ICON Aircraft, Inc., through the newly established subsidiary SGIA in the United States. The related assets extend the company's business to the production of carbon fiber light sports aircraft.
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