On March 6th, Penta Laser (Zhejiang) Co., Ltd. showcased its 60,000-watt laser cutting machine during a live broadcast, demonstrating its confidence in the market with its ability to handle "thick plates like no other."

Wu Rangda, the President of Penta Laser, expressed that this confidence stems from the company's culture of relentless innovation, expanding production scale, and continuous expansion of market coverage. Over the past decade since Penta Laser was established in Wenzhou, they have continuously pursued excellence and made breakthroughs, successfully developing high-power fiber laser cutting machines ranging from 10kw to 40kw. Six of their products have been recognized as the first of their kind in the province, the country, and even internationally. From an unknown small factory, Penta Laser has grown into a large-scale manufacturer of high-end laser equipment in China's laser processing industry and an outstanding innovative enterprise in Wenzhou's development. This success exemplifies how Wenzhou is also a fertile ground for the growth of high-tech industries.

Igniting the Light of Innovation Creating Records in Laser Processing Equipment "In both speed and stability, there has been a qualitative leap. The cutting speed for 20mm carbon steel reaches 11-12 meters per minute." In the live broadcast room, an engineer from Penta Laser pointed to the machine being demonstrated and said, "This means that cutting 20mm carbon steel can achieve the same efficiency as cutting 5-6mm carbon steel. The perforation speed for 50mm stainless steel is very fast, taking only 0.2 seconds to penetrate, and the entire cutting speed reaches 2.2 meters per minute." The results of innovation accelerate breakthroughs, continuously improving product performance. This is the fruitful outcome of Penta Laser's decade-long commitment to innovation and the cultivation of an innovative culture.

"From the beginning, Penta Laser established the basic guiding principle of using technological innovation to lead corporate development, and has adhered to it steadfastly," said Wu Rangda. He continued, "The entrepreneurial and innovative spirit of Wenzhou people, who dare to be pioneers, has always inspired me to embark on the path of innovation."

"There was a year when our company's profit was less than 5 million yuan, but we still invested over 10 million yuan in research and development. Everyone was worried, but we persisted. That's why we have been able to develop rapidly and emerge as a rising force in the industry," said Wu Rangda. The company's annual R&D budget is more than 5% of its sales revenue, consistently sparking the "light of innovation." Earlier this year, the Provincial Laser Intelligent Equipment Technology Innovation Center, led by Penta Laser, was officially approved. This is the first provincial technology innovation center in our city.

Over the past decade, Penta Laser has vigorously promoted the construction of its talent team and focused on building an enterprise technological innovation system. It has established the Zhejiang Enterprise Research Institute, Provincial High-tech Enterprise Research and Development Center, and Provincial Engineering Research Center. It has also set up six R&D bases in Wenzhou, Italy, Beijing, Shanghai, Wuhan, and Linyi, creating a high-level scientific research and development platform for the company. At the same time, it has deepened the cooperation between industry, academia, and research institutes, such as the team led by Academician Tan Jianrong from Zhejiang University.

Due to its persistence in technological innovation, Penta Laser has frequently made breakthroughs in key core technologies of high-power laser processing equipment, such as process materials and equipment mechanical structure, and a number of significant and breakthrough innovations have emerged. Especially since 2017, Penta Laser has continuously broken the records of laser processing equipment in the world, successfully developing 10kW, 12kW, 15kW, 20kW, 30kW, and 40kW ultra-high power fiber laser cutting machines, filling the gap in the high-end laser equipment market. Six products have been recognized as the first (set) of its kind in the province, country, and internationally. The 30kW high-speed, high-precision, super-thick board intelligent laser cutting complete set of equipment has been recognized as the first (set) of its kind internationally, achieving zero breakthroughs in Zhejiang Province's laser processing equipment field and Wenzhou's international first (set) equipment.

Currently, the company has undertaken a total of 16 major scientific and technological innovation projects from the Torch Plan of the Ministry of Science and Technology and provincial, municipal, and district governments, and has obtained more than 140 effective intellectual property rights. A number of "national treasures" such as the Shenzhou spacecraft, high-speed trains, and shipbuilding embody the "Penta wisdom". Laser processing technology has gone from lagging behind and keeping pace with international standards to taking the lead, and has been recognized as a national-level specialized and innovative "little giant" enterprise.

Radiating the light of wealth creation, continuously expanding the market territory On September 18, 2012, Penta Chu Tian Laser (Wuhan) Co., Ltd. signed a project cooperation agreement with the Wenzhou Municipal Government. In December, Penta Laser (Wenzhou) Co., Ltd. was officially registered. Wu Rangda and his team of over 100 people came from Wuhan to Wenzhou to start their entrepreneurial journey. "Coming to Wenzhou was the best decision we made." Wu Rangda said that with the official production of Penta Laser's production base in Wenzhou, the annual output value has been rapidly increasing, reaching over 1 billion yuan by 2020. In the ten years in Wenzhou, Penta Laser has entered the fast lane of rapid development and built six major production bases in Wenzhou, Wuhan, Linyi, Shenzhen, Florence, Italy, and Blumenau, Brazil.

"Over the past three years, despite overcoming the adverse effects of the epidemic, Penta Laser has appeared at professional exhibitions around the world, marketing products, gaining orders, and seizing the market." Wu Rangda believes that this is not only a great opportunity for more users and experts to understand the excellent performance of Penta Laser products but also a good platform for learning from peers and customers.

For the past ten years, Penta Laser has adhered to the concept of "being an expert in laser applications and creating value for customers", continuously enriching its product system and expanding its market territory. It has developed a three-dimensional robot laser cutting system, developed large-scale gantry three-dimensional laser welding equipment, etc., providing various customized equipment for major enterprises and projects such as Qingdao Sifang and Shanghai Commercial Aircraft.

The company's sales network covers more than 50 cities in China and more than 40 countries and regions overseas. The number of sales personnel has increased from 60 ten years ago to 180. Over the past ten years, Penta Laser has organized 189 domestic laser equipment exhibitions and promotion events, participated in more than 20 overseas exhibitions, and its products have been sold to more than 40 countries and regions, achieving full coverage in developed countries and becoming a large-scale export enterprise in the domestic laser industry.

Penta Laser has won customer recognition and praise with its customer-oriented product development and services. A steady stream of equipment slowly rolls out of the workshop. Xugong Group, Sany Heavy Industry, and more than 5,000 domestic and foreign customers have extensively adopted Penta Laser cutting and welding equipment. Its high-power laser processing equipment has a high market share in China and is a leader in global installations, with the sales contract amount continuing to rise.

The "light of wealth creation" shines brightly. Currently, the company has initiated an IPO and successfully completed share restructuring and employee stock incentive before listing.

Ten years of chasing light, singing all the way. "Wenzhou has nurtured Penta Laser and is a 'land of fortune' for entrepreneurship." Wu Rangda said that the goal for the next ten years is to build a high-level talent team, overcome a batch of key technologies, and become a pioneer enterprise in the world's laser intelligent equipment field.