- A Message from President
Hongfa (Shanghai Stock Exchange: 600885) was founded in 1984 and has established a full-range and well-equipped industrial system by upholding the company spirit of “persevere for progress; strive for excellence”. Hongfa has set up three relay R&D and production bases with globally. Hongfa products cover various product segments including relays, low-voltage and high-voltage devices, capacitors, precision parts and automatic production equipment, which are widely used in industrial, energy, transportation, telecommunication, home appliance,and medical areas.
Headquartered in Xiamen/China, Hongfa has established local sales organizations in America, Europe and Asia, offering commercial and technical support locally. By relying on professional technical support, quick response, assured and reliable quality and cost-effective advantage, Hongfa has managed to establish business relationships with renowned companies at home and many top 500 companies abroad.
As a technical center of national level and by setting up Post-Doctoral Research Center and Academician expert workstation, Hongfa has become the world’s leading relay research & production base. Hongfa successfully built an integrated industrial chain from product research, mold and part manufacturing, automatic assembly and on-line inspection. In product inspection, Hongfa Testing Center is one of the largest and most authoritative laboratories for testing and analysis of relays, which enables Hongfa to obtain certifications from VDE, UL and CNAS; also Hongfa is a major strategic partner of VDE in components.
Hongfa always adheres to the operational philosophy of “Focus on the market - win by quality” and has a complete quality assurance system with products certified by UL/CUL, VDE, CQC and CCC. Hongfa also actively adopts advanced quality ideas and continuously improves its quality management system, striving for process quality control and inspection, strengthen supplier chain management and commits itself to providing products with high quality for its customers.
Good quality creates good brand. Hongfa has grown from an excellent relay company to a leading one. It has been awarded “Torch Program High Tech & Advance Enterprise” by the Ministry of Science and Technology. It is one of the first enterprises authorized by State Commerce Department and the Development & Reform Commission as “National Automotive Part Export Base”. Hongfa has been ranked among China’s Top 100 Electronic Components Enterprises many times. As chairman unit of national electrical/non-electrical relay standardized technology, Hongfa always devotes itself to industry development and progress; thus it participates in several national and industrial standards commissions.
Hongfa’s vision is to grow along with all of our customers worldwide and share the convenience and happiness brought by technologies.
For more than 30 years, Hongfa has progressed, alongside the global technological advancement of the 21st century. Guided by the spirit of “Persevere for progress; Strive for excellence,” and the business motto of “focusing on the market and winning with quality,” we have focused our attention on outstanding achievements in the world of relays. Hongfa has been listed among the Top 100 Manufacturers of Electronic Components in China since 1995. In 2013, Hongfa was acknowledged as one of the Top 100 Electronic Information Enterprises in China which is a proof to our position as the absolute leader in China’s relay sector.
Over the past 30 years, Hongfa has formed a complete industrial chain, enabling us to produce a wide range of relays. We are proud of our core competencies, management philosophy, and talented employees, all of which are indispensable to our sustained growth.
With over 20 branches and subsidiaries, Hongfa has the capacity to produce relays, low voltage electrical appliances, high and low voltage switchgears, precision parts, and automation equipment. Our localized marketing centers in Europe, America, Hong Kong, Shanghai, Beijing, and Sichuan have enabled us to conduct business and provide technical services globally.
Approved by the China Securities Regulatory Commission, Hongfa was successfully listed on the Shanghai Stock Exchange on October 26th, 2012. Driven by abundant funding, Hongfa then entered a period of vigorous development. We broke into new territories, expanded our product categories, and improved our efficiency. We will continue to achieve our ambition to be a major relay manufacturer worldwide.
Motivated by tremendous market demand, Hongfa is actively participating in global competition. Maintaining high quality standards, we will work relentlessly to contribute to a better life and a better world.
Persevere for Progress，Strive for Excellence!
Promoting teamwork to ensure sustained business development for the benefit of society and the shareholders, and enhanced benefits for company employees.
Building global recognition for the Hongfa brand.
Becoming a first-class relay supplier in the world.
Focused on the market; winning through quality.
Pursuing impeccable quality to ensure customer satisfaction with products and services.
Honesty, Ethics, Respect, and Commitment.
Hongfa keeps transcending itself over the 30 years’ development. With the struggle in the start-up period and the expansion in the scale-up period, Hongfa entered the third phase of development after the shareholding reform in 2008. Hongfa maintained a clear head in the fierce competition and strived to explore both domestic and foreign markets. It now has developed from a small relay factory into an important relay R&D and manufacturing base with the advantage in scale, management and technology. Hongfa is now leading in the industry with outstanding performance.
- Xiamen Hongfa Electroacoustic Co., Ltd. Was founded with an initial capital of 3,600,000 RMB.
1987 Start-up stage
- Guo Manjin was appointed the General Manager of the company.
- The new leading team decided to take relays as major products and to set the company as an export-oriented company.
1991 Start-up stage
- 'Persevere for progress; Strive for excellence’ was proposed as business philosophy and later, the company spirit.
- Total turnover ranked No.1 in Chinese relay industry for the first time.
1994 Start-up stage
- Hongmei Electrical Co.,Ltd. was founded as the first member in Hongfa Group.
- Overseas sales amount surpassed domestic sales amount for the first time.
1995 Start-up stage
- Hongfa Building was put into use.
- Hongfa made its debut on China's top 100 Electrical Component Enterprises.
- ISO9002 Certification was gained.
1998 Start-up stage
- Xiamen Jinghe Electronic Automation Co., Ltd. was founded with the ability to start independent automatic assembly production line R&D.
1999 Scale-up stage
- Employees started to own company stock after restructuring.
- Siemens D2 production line was introduced to Hongfa successfully.
- First relay patent was gained.
2000 Scale-up stage
- Endorsed Corporate System Reform, leading to the shareholding by the staff (XIAMEN JINHEJIE INVESTMENT & HOLDING CO.,LTD ). The facility in Jimei put into use.
2002 Scale-up stage
- Hongfa test center was set up.
2003 Scale-up stage
- Hongfa Europe GmbH was founded to accelerate the pace of international operation.
2004 Scale-up stage
- The first postdoctoral research station in relay industry in China was founded.
2007 Scale-up stage
- Hongfa America, Inc. was founded.
- Hongfa brand relay was awarded the honorable title of ‘China’s Top Brand Product’.
- Sichuan Hongfa Electroacoustic Co., Ltd. was founded with a 200,000,000 RMB investment
- Preside over the formulation of six national standards, first company in China.
2008 Scale-up stage
- Shareholding reform was finished and Xiamen Hongfa Electroacoustic Co., Ltd. was founded.
- Hongfa technical center was awarded ‘National Acknowledged Enterprise Technical Center’.
- New development positioning was formulated: diversifying and improving relay products to mobilize the mutual development of related products and industry chains; exploring foreign market and consolidating domestic market to be major relay manufacturer and supplier in the world .
2010 Scale-up stage
- Hongfa Brand was awarded the honorable title of ‘Chinese Famous Trademark’.
- The twelfth Five-Year Plan was released officially.
2012 Scale-up stage
- Hongfa (600885) went public successfully after the official approval of CSRC.
2013 Brand-enhancement stage
- Hongfa was identified as the first batch national IPR demonstration enterprise.
- Hongfa Group achieved first successful fund-raising.
- HF-MKIS gained certificate of computer software copyrights.
2014 Brand-enhancement stage
- Hongfa ranked on the list of China Top 100 Electronic Components Enterprises for the first time.
- Construction of Hicang Base, Xi’an Base, Chengdu (Sichuan) Base and HESC II was started.
- Hongfa celebrated its 30th anniversary.
2015 Brand-enhancement stage
- Wholly purchased 100% equity of America KG.
- Hongfa became the first Chinese enterprise passed American UL standards.
2016 Brand-enhancement stage
- Accelerate the construction of industrial bases and create conditions for a new round of development
2017 Brand-enhancement stage
- 《Hongfa Road》first launched in Xiamen; Selected as "National Manufacturing Individual Champion Demonstration Enterprise"
2018 Brand-enhancement stage
- Won the top 50 social contribution of China's electronic information industry in 2018