Relax Grope) Founded in 1995, the company has production and R&D bases in Qingdao and Rizhao respectively. Among them, Qingdao production and R&D base: Shandong Relax Health Industry Co., Ltd. was established in 1995 with a registered capital of 100 million RMB, and has been committed to the R&D, design and production of indoor high-end commercial fitness equipment and medical rehabilitation equipment for 28 years, and has ranked first in the "Top Ten Enterprises in China's Fitness Equipment Manufacturing Industry" for two consecutive years, with a national market share of about 9.7%. It is a "demonstration enterprise for the production of professional training equipment in China's fitness equipment manufacturing industry", "a national sports industry demonstration unit" and a "national specialized, special and new little giant enterprise". Rizhao production and R&D base: Shandong Relax Sports Technology Co., Ltd. was established in 2019 with a registered capital of 160 million RMB.