In October 2022, the first phase of construction of Qitaihe Pennington Sports Equipment Technology Co Ltd was completed and put into operation, which filled the gap of ice and snow equipment manufacturing industry in the city.

Pennington, a famous ice and snow equipment brand in China that meets the quality standards of the national team and world players, became the first ice and snow economic manufacturing enterprise introduced by the city.

The company has more than 30 patents and it is expected to achieve an annual output value of 50 million yuan and a profit of of 20 million yuan.