PENNO | AboutUs

About Us

PENNO, headquartered in Hangzhou with a registered capital of 100 milion CNY. We focus on the R&D, production, and sales of compressed wood pallets. PENNO was among the first group in the industry to obtain 1S0 triple certification, FSC certification, and CNASaccreditation, establishing itself as a benchmark in the field. We currently operate two production plants, along with regional warehousesand offices in Yantai (Shandong Province), Ningbo (Zhejiang Province), Chongging, and other cities. With an annual production capacitof 10 milion standardized compressed pallets, our delivery capabiites are among the best in the industry. Penno is a leading enterprise inthe field and a key contributor to drafting the national standards for Compressed Wood Pallets.

10000000

Annual production capacity of 10 million sheets

Corporate Vision

In the next three years, Penno aims to achieve an ambitious annual production target of 20 million compressed wood pallets, becoming the world’s largest manufacturer in this sector.

Penno remains steadfast in its original mission to build a low-carbon, efficient logistics ecosystem and to establish the world’s largest compressed pallet manufacturing base. Becoming synonymous with compressed wood products is the mission we proudly carry.

20000000

Target annual production of 20 million sheets

Development Timeline

2009

Compressed (Wooden) Pallet projectofficially launched, First R&D team established forproduct testing and development.

2015

Hangzhou PENNO PackagingTechnology Co., Ltd. Established.

2016

Zhejiang PENNO Biomass EnergyCo., Ltd. Founded; raw materialbase set up.

2017

Zhejiang PENNO Biomass EnergyCo., Ltd. Founded; raw materialbase set up; Testing center co-established withZhejiang Academy of Forestry.; Recognized as a NationalHigh-Tech Enterprise.

2018

Xinjiang PENNO NewMaterial TechnologyCo., Ltd. established; Approved as a High-TechR&D Center (Agriculture& Society field) in Hangzhou.

2019

Wuhu Juli PackagingTechnology Co., Ltd.Established.

2020

Forestry science projectaccepted in 2020: keyTechnology Research onMolded Pallets from Agricultural and Forestry Waste.

2021

The major Hangzhou MunicipalScience and Technology SpecialProject, titled Research on KeyTechnologies for Molding andPreparing Particleboard-MoldedPallets from Agricultural andForestry Waste, led by [Organi-zation/Entity], was successfullyaccepted upon completion inMarch 2021; PENNO New MaterialResearch Institute founded.

2022

Renamed to HangzhouPENNO Group Co., Ltd; Hufeng PackagingFactory established inShuyang, (JiangsuProvince); Selected for YuhangDistrict High-Level TalentInnovation & Entrepre-neurship Program (2022); Second Prize, ZhejiangProvincial ForestryTechnology AdvancementAward

2023

PENNO CNAS TestingTechnology Centersuccessfully accredited; Certified as a ZhejiangSpecialized andInnovative SME (Smalland Medium Enterprise); Recognized as 'Hang-zhou EnterpriseTechnology Center'; Recognized as "Hangzhou Patent Demonstration Enterprise'.

2024

Officially entered the photovoltaic industry.

Company Strength

As the national standard setter (GB/T 41231-2021) and an industry leader in compressed wood pallets, Penno
Group builds on massive production capacity and innovation to lead the market.

Hard Power

Two major production bases in Suqian (Jiangsu) and Kuitun (Xinjiang), with an annual capacity of 10 million pallets, serving all of China.

Technological Advantage

186°C high temperature and 1,500-ton high-pressure molding technology provide fumigation-free and quarantine-free solutions with global clearance.

Capital Strength

A registered capital of 100 million CNY drives continuous expansion of our manufacturing footprint.

Soft Power

From Chinese Standards to Global Trust

Accreditation Matrix

ISO 9001/14001/45001 certifications strengthen our quality foundation. FSC certification protects our green genetics. CNAS lab verifies product quality. Dual recognition as a National High-Tech Enterprise and “Specialized and Innovative SME” highlights our commitment to innovation.

Technological Breakthroughs

Proprietary 100% bamboo-wood waste conversion technology gives new life to discarded materials.Fumigation-free process reduces customs clearance time and costs by 30% for global clients.

Green Mission

Supporting a Zero-Carbon Future

√ Each pallet reduces deforestation and increases natural carbon storage.

√ 20 million pallet annual capacity target within three years, creating a world-class manufacturing base.

√ Commitment to reducing carbon emissions by 220,000 tons annually

（ Equivalent to planting 1.5 million trees ）

to help achieve carbon neutrality in the logistics industry.

Let the world witness the green power of “Made in China.”

Scientific Research Overview

Product R&D

In collaboration with the Zhejiang Academy of Forestry, Penno established a specialized R&D and testing center for compressed pallets. Through joint efforts between industry, academia, and research institutions, we continuously innovate in materials and product types. Our R&D capacity is recognized by the National Standards Committee.

We have served as

· Standard-setting unit for the Ministry of Industry and Information Technology's Particleboard Molded Pallets
· Standard-setting unit for the National Standards Committee’s General Technical Conditions for Bamboo-Wood Particle Molded Pallets

Scientific Research Overview

Penno has heavily invested in its own physical and chemical laboratories and is currently applying for provincial and national lab accreditations. We are equipped with world-class chemical analysis instruments and China’s highest-capacity pallet compression tester. Additionally, we routinely engage third-party testing institutions to verify product performance, ensuring our quality meets the standards of China, the EU, and other global markets.

Key Clients & Global Sales Network

Penno’s compressed wood pallets are sold in over 30 countries and regions, widely used in sectors including photovoltaic energy, petrochemicals, light industry, machinery, and food. Our product quality and performance are highly recognized by the industry.

Our stable and trusted customer base includes:Sungrow, Risen Energy, Canadian Solar, JA Solar, Huafon Group, Wanhua Chemical, BOE, Formosa Plastics, SABIC, Borouge, Middle East Coca-Cola, LG, and many more.