The Company started with two small U.S. east coast custom amplifier makers. In 2001, Richard Wugang family brought in much needed capital, marketing expertise and industrial capability to the company. Richard Wugang, a former banker, audiophile and vintage classic amplifier collector, took the lead for the new company and recruited a few top US designers and engineers and expanded product lines into amplifiers, vacuum tubes, speakers and audiophile grade capacitors.