Tianqiu Group was founded in 1983, formerly known as Xingtai Tianqiu Industrial Co., Ltd., headquartered in Pingxiang County, Hebei Province, known as the capital of baby strollers. It is an innovative technology enterprise specializing in the research and development, manufacturing, and sales of children's toys.

Since its establishment in 1983, the company has been engaged in the production of baby stroller spare parts. In 2000, it started assembling complete vehicles. In 2010, its cooperation with Goodbaby was of epoch-making significance. The company has not only achieved leapfrog development, but also driven the overall development of the local baby stroller industry in Hebei.

In 2016, Wanyi Company was established and signed with Yamaha to become the only bicycle OEM factory in the northern region with a Japanese production system, with an annual turnover of 450 million yuan. In 2018, an investment of 136 million yuan was made to build the Pingxiang County International Convention and Exhibition Center, with an indoor area of 48000 square meters,

With 1500 booths, it is still the largest exhibition for baby strollers and maternal products in the north. Tianqiu Children's Co., Ltd. was established in 2021, and its products are exported to Indonesia, Russia, Europe, North and South America. It is still the largest supplier of baby strollers in Indonesia, with an annual output of over 100000 vehicles.

Tianqiu Technology Co., Ltd. will be established in 2024. Establish the "Little Sheep Play Run" toy brand with the theme of companionship, calling on the industry to no longer make cold toys, but to create warm "little companions" for babies, "making companionship the best gift parents can give to their children".