Founded in 2015, New XI'AO Elevator Group has the whole elevator company mainly based on Theo Elevator, Xizi Elevator and Sujie Elevator, and the elevator component company based on Xizi Fuward and Youmai Technology. The elevator market share is nearly 1/6, ranking in the forefront of China's escalator manufacturers and service providers. In 2021, the whole year will achieve orders for 150,000 elevators, orders for host machines exceeded 200,000 units, and core components such as door machines and control cabinets were sold more than 300,000 sets, becoming a veritable enterprise in China's elevator industry chain.

The company has established eight intelligent manufacturing industrial parks in the country, introduced the concept of German Industry 4.0, and laid out factories according to the world's top 500 standards, so as to realize manufacturing intelligence, product intelligence and service intelligence with intelligent management. A number of subsidiaries won the quality award of Zhejiang Provincial Government. At present, the company has developed high-speed elevators, machine-room-less elevators, small machine room elevators, medical elevators, sightseeing elevators, cargo elevators, villa elevators, additional elevators and other ladder-type products, covering a wide range of residential, office buildings, shopping malls, hotels, industries, hospitals, high-speed rail, subway public transportation and other use places, and successively provide support and services for national strategic "eight vertical and eight horizontal" rail transit stations, provincial capital landmark buildings, large-scale public construction projects, urban complexes, high-end residential areas and many overseas projects. Business covers more than 70 countries and regions around the world. Adhering to the social responsibility of sustainable development, the company deeply cultivates the elevator manufacturing industry chain, relies on digital development experience, continues to promote green and intelligent transformation, and creates a respected, sustainable development of international enterprises.