Penny town is located in the Longquan mountain range to the east, the southeast of the county, the upper reaches of the Tuojiang River basin of the deep hills, 45 kilometers from Jintang County, Chengdu, 55 kilometers, more than 50 kilometers from the newly built Tianfu International Airport, east of the Tuqiao town, south of Janeyang City and the Berlin field adjacent to the west and north of the town of Huangjiaobing adjoined to the town of Turning Long, is an important trade, material distribution town of Janeyang, Lezhi, Jiang, Jintang, has been known from ancient times as the "Xiaochuan North Road" on the stronghold. Since ancient times, it has been known as "Xiaochuan Beilu" on the key punch. The Ministry of Housing and Urban-Rural Development, the National Development and Reform Commission and other 7 ministries and commissions issued the "Notice of the Ministry of Housing and Urban-Rural Development and Other Departments on the Publication of the List of National Key Towns", and Penny Town has been included in the list of key development towns, with a promising future. On July 24, 2019, Penny Town was selected for the 2019 National Agricultural Industry Town Construction List. On December 23, 2019, the People's Government of Sichuan Province approved the reply on agreeing to adjust the administrative division of some townships in 15 counties (cities and districts), including Longquanyi District, in Chengdu City (Sichuan Provincial Civil Affairs 〔2019〕 No. 24): Guangxing Township was abolished, and the administrative area belonging to it was assigned to the jurisdiction of Penny Township, and the People's Government of Penny Township was stationed at No. 6, Zhufu Road.