In the morning of November 2, the capping ceremony of Hongfa Haicang Industrial Park Phase II Project was successfully held. The company leaders, including Guo Manjin, President of Hongfa Group, Li Yuanzhan, Vice President of Hongfa Group, Zhou Xiaofeng, Vice President of Hongfa Group, attended the capping ceremony together with the leaders of project designers and construction organizations, and witnessed this important moment.

Hongfa Haicang Industrial Park covers an area of 279 mu, with a planned total building area of 290700 m2. 195200 m2 of workshops have been built in Phase I, which will be put into use in 2017. After the first phase was put into operation, 7 Hongfa subordinate enterprises settled in, all of which have achieved rapid development. Among these enterprises, Xiamen Hongfa Power Electronics Co., Ltd. is a leading manufacturer of power relays and HVDC relays in the world; Hongfa Signal Electronics Co., Ltd. is the first in the world to launch the fifth generation signal relay.

In 2021, the total sales of Hongfa Haicang Industrial Park reach 4.13 billion yuan, which is 82.6% of the total planned output of the industrial park. With the development of the industrial park, the second phase project came into being. The second phase of the project includes automation equipment plant, signal plant 2, central stereo warehouse, etc. The planned building area is 63500 m2, creating more space for the development of enterprises in the plant area.