KUKO Packaging Machinery (Shanghai) Co., Ltd. was founded in 2004 with a registered capital of 23 million RMB. Its headquarters is located in Sheshan Town, Songjiang District, Shanghai. In 2006, the company invested in one set of high-precision laser sheet metal cutting machine from Germany's IPG, along with two sets of imported servo high-precision bending machines. The total investment in these equipment reached over 8 million RMB, aiming to improve product quality and efficiency. Faced with the volatile international market, rapid market development and rising rental costs in 2008, the company decided to reduce costs by investing 30 million RMB in a 20-mu industrial land at Zhouzhuang Industrial Park, Kunshan — known as China's top water town — which is 40 kilometers away from Shanghai. This led to the establishment of Kunshan New KUKO Packaging Machinery Co., Ltd. Between 2009 and 2014, the company sequentially completed the construction and renovation of factory buildings covering a total area of 18,000 square meters. To meet the company's growing production needs and the development of the global market, from 2019 to 2020, it further invested 100 million RMB in a 30-mu industrial land at Sheshan Industrial Park, Songjiang District, Shanghai. This investment established the company's headquarters, production and R&D base, as well as a global sales center.