Laxun Technology Development Co., Ltd. is a private enterprise with a 25-year history of producing liquid cooling equipment and energy-saving water-saving equipment. Our headquarters is located in the Dawang High-tech Zone of Zhaoqing, Guangdong Province. For three consecutive years from 2021 to 2023, Laxun Technology has been recognized by the China General Industrial Association as having the highest national market share in the cooling tower industry. In 2022, we were designated by the Ministry of Industry and Information Technology as a national-level specialized and innovative "small giant" enterprise, and also awarded the champion enterprise in single-item manufacturing in Guangdong Province. In 2023, we were among the top 20 manufacturing enterprises in Zhaoqing, Guangdong Province.
In 2023, our company's sales revenue exceeded 1 billion RMB, and in 2024, we achieved a 3.8% year-on-year revenue growth despite the challenging economic conditions. Through technological innovation, our tax revenue also increased by 28% compared to the previous year, with over 45 million RMB in taxes paid by the end of October. Our per capita output value exceeded 2 million RMB, and per mu (Chinese unit of land area) output value exceeded 11 million RMB, with per capita tax payment exceeding 120,000 RMB. In 2024, we boldly invested 1 billion RMB in the Dawang High-tech Zone of Zhaoqing to build the "High-end Energy Storage Cooling Technology and Ice Storage Cooling Industry Headquarters."
Laxun Technology is committed to providing first-class system solutions for efficient circulating cooling water worldwide. Our core focus is on intelligent production, IT-based management, and digitalized products. We have a large-scale intelligent manufacturing factory management cloud platform and an IoT-based intelligent production system that meets Industry 4.0 standards, achieving a fully digitalized closed-loop process from materials to product delivery.
We have established the Guangdong Engineering Technology Research Center and the Guangdong Efficient Energy-saving Water-saving Noise-reducing Cooling System Engineering Technology Research and Development Center. Our company has the globally recognized largest 8000kw heat exchange thermal laboratory approved by the Cooling Technology Institute (CTI) in the United States. We have also developed a series of core key technologies in energy-saving, water-saving, and low-noise cooling towers, and built a comprehensive intellectual property protection system. Laxun has participated in the formulation of 9 national standards and 28 industry standards, and has applied for more than 300 patents, including over 30 invention patents. Our proprietary heat transfer software has broken the monopoly of American companies in this field.
Laxun Chief Engineer is a leading figure in the Chinese cooling tower industry. Currently, they hold positions such as Executive Vice Chairman of the Cooling Equipment Branch of the China General Industrial Association, Executive Vice Chairman of the Heat Exchange Equipment Branch of the China Composite Materials Association, Vice Chairman of the Water-saving Branch of the China Water Conservancy Enterprise Association, Director of the Guangdong Engineering Technology Research Center, and Director of the Guangdong Efficient Energy-saving Water-saving Noise-reducing Cooling System Engineering Technology Research and Development Center. They have also served as a key reviewer for the national standard GB 50392-2016 and as a special expert for the ALD Liquid Cooling Green Data Center Professional Committee. Additionally, they have been the Deputy Leader of three group standard drafting teams for the China Electronic Energy-saving Technology Association.
Laxun Technology regards "upholding integrity, respecting heaven and loving people" as the core philosophy for our company's development. Our vision is to become the best global cooling tower enterprise, and our great mission is to be the backbone of the national cooling tower industry. Through a focus on liquid cooling technology, energy-saving, water-saving, noise reduction, and mist elimination, we aim to build an excellent brand in the Greater Bay Area of Guangdong, Hong Kong, and Macau!