Pidegree Group Limited registered in Hong Kong in 2004 and established four subsidiaries in Ningbo. Among them Ningbo Pidegree Rubber & Plastic Industry Co., Ltd. was established in August 2008 with a registered capital of 3 million; Ningbo Pido Industry & Trading Limited was established in December 2014 with a registered capital of 5 million; Zhejiang Pai Watch Limited. was established in 2018 with a registered capital of 10 million; the Group's annual turnover is about 60 million yuan, of which 40 million yuan is from e-commerce. The import and export business is 20 million yuan. The production base is located in Cicheng Industrial Zone, a beautiful town in Ningbo.