Jiangsu Yulong Intelligent Technology, based in Hailing district, Taizhou, Jiangsu province, has secured the top global sales spot for functional sofa iron frames for four consecutive years, boasting a global market share exceeding 40 percent and leading the world in annual output.
The 9-year-old firm landed on the National Equities Exchange and Quotations in April 2026 and is currently pushing forward its initial public offering plan for the Beijing Stock Exchange.
Backed by over 3 million yuan ($441,659) in annual research and development investment and 10 million yuan earmarked for automated production upgrades, the company has raised its workshop automation rate to 60 percent, boosting production efficiency by 30 percent. It can roll out 400,000 sets of drive systems a year, with orders booked through the end of 2026.
Yulong Intelligent Technology's automated production line. [Photo/WeChat account: weihailing0523]
Relying on more than 20 years of experience in mechanical and electrical technology, Yulong Intelligent Technology has evolved from a traditional metal frame maker to a provider of embodied artificial intelligence solutions. Its new-generation smart drive system features multi-modal perception and AI algorithms that automatically adjust sofas to a zero-gravity position and gradually learn users' habits.
The firm aims to break 1 billion yuan in annual sales this year as part of Hailing district's modern industrial initiative focusing on new energy and new materials, automobiles and parts, smart home appliances, and the digital economy.