On November 10, 2016, Zhejiang Laxcen Information Technology Co., Ltd. was awarded as one of the "Top 100 Growing Technology Enterprises of Zhejiang Province". Based on the data from 2012 to 2015, this selection evaluated hundreds of Zhejiang-based technology enterprises based on a number of indicators such as main business income, total profits and taxes, profit growth rate and sales growth rate, and finally selected 2016 Top 100 Growing Technology Enterprises of Zhejiang Province.

In the past few years, Laxcen Technology continue invest in product and technology research and development, to provide customers around the world high-quality RFID tag, Internet of Things industry solutions, RFID reading and writing equipment and other relative supporting hardware products and services as well as system integration platform for different industry applications. Currently, its products and solutions are widely applied in Industry 4.0, Smart City, Automotive, Library, Archives, Smart Transportation, Rail Transportation, Logistics, Garment, Pharmaceutical, Aviation, Ticket Tracking and Anti-counterfeiting, etc.