Established in 2000, Zhejiang Canaan Technology Co., Ltd (hereafter referred to as "Canaan Technology" or "Canaan") is a professional manufacture that is concerned with the development, production and marketing of pharmaceutical equipment. After more than a decade's operation, Canaan has evolved into a leading pharmaceutical equipment manufacture in China. It successfully got listed on A stock market (code: 300412) in 2014 and then became the only stock in domestic industry of solid preparation equipment. Based in Wenzhou, China, Canaan Technology owns several wholly-owned and holding subsidiaries such as Nanjing Canaan Pharmaceutical Equipment Co. Ltd, ocated in Gaochun district with an area of 200 mu (1 mu equals to 0.0667 hectares), and Beijing Canaan Lemet Technology Co., Ltd, located in Changping district. It has initially formed such a industrial layout that takes Wenzhou, Nanjing and Beijing as the center to radiate over the country.