Ingersoll Rand is a long-established, diversified global industrial manufacturing company founded in 1871 by Simon Ingersoll. Headquartered in Davidson, North Carolina, USA, it is publicly traded on the New York Stock Exchange (ticker symbol: IR). Key milestones in its history include the formal formation of the company in 1905 through the merger of the Ingersoll Rock Drill Company and the Rand Drilling Company, and the strategic merger with the Gardner Denver Group in 2020, forming the 'new Ingersoll Rand' we know today.

The company's core business focuses on critical industrial technologies, equipment, and services, operating primarily through two segments: Industrial Technology and Services, encompassing market-leading air compression systems, vacuum equipment, blowers, power tools, and material handling solutions; and Precision and Science Technology, providing precision fluid management equipment for high-end fields such as life sciences and healthcare. Its renowned brand portfolio includes Club Car, the Ingersoll Rand brand itself, Thermo King, and Trane, all dedicated to improving industrial productivity, enhancing building air quality, and ensuring food transport safety. Ingersoll Rand boasts a significant global market presence, with annual revenues of approximately $7.2 billion as of 2024. It places particular emphasis on innovation and sustainability, setting clear goals to reduce greenhouse gas emissions from its operations by 60% by 2030 and achieve carbon neutrality by 2050.

Leveraging its century-long technological expertise, comprehensive product solutions, and deep global market roots, Ingersoll Rand has become an indispensable key innovator and player in the industrial manufacturing sector, continuously driving progress across industries by providing efficient and reliable equipment and services. KPT, as Ingersoll Rand's partner in China, maintains a long-term and stable cooperative relationship.