Suqian Yuantai Rubber Machinery Technology Co., Ltd. is located in Suqian, Jiangsu, the hometown of Xiang Wang. This place has a superior geographical location, with the Beijing Hangzhou Grand Canal running north-south through Suqian. The Ningsu Xu, Xusu Huaiyan Expressway, and Beijing Shanghai Expressway run north-south and east-west through Suqian. The Suqian high-speed railway station is 30 kilometers away from the company, adjacent to Huai'an to the east and south, and connected to Xuzhou and Lianyungang to the north. The 205 National Highway passes through the border, 60 kilometers away from Xuzhou Guanyin International Airport, 100 kilometers away from Lianyungang Baitabu Airport, and 130 kilometers away from Huai'an Lianshui Airport. The airport advantage is very obvious.

Since its establishment in January 2019, the company has been committed to researching the manufacturing and development of rubber machinery and equipment. The company focuses on talent cultivation and product innovation design research, and has a strong R&D team. In May 2023, after combining industry, academia, and research with Qingdao University of Science and Technology and the School of Mechanical and Electrical Engineering, the research on "Digital Control Force Chemical Continuous Regeneration Technology for Waste Rubber" has been elevated to a new level. We cooperated with an expert in the industry (Ji Kuijiang) with great attainments to raise the production equipment we studied to a higher level. The production equipment has successively won several Utility Model Patents issued by the China National Intellectual Property Administration and the Four Invention Patents under Substantive Examination being carried out. It is the first case of using the new process to produce recycled rubber at home and abroad after being queried on domestic and international websites. The ZY-1000 type waste rubber digital control force chemistry continuous regeneration process equipment, which uses the principle of force chemistry to produce recycled