Chongqing Hongyu Precision Industrial Group Co., Ltd. is directly affiliated to China Ordnance Equipment Group Co., Ltd. and is a large-scale core backbone enterprise in the country, a national high-tech enterprise, and a precision engineering research institute under China Ordnance Equipment Group.

Hongyu Precision Group has a total assets of 4 billion yuan. It currently has seven scientific research and production bases, distributed in the three administrative regions of Bishan, Tongliang and Rongchang in Chongqing. The company's headquarters (operation and development center, R&D center, and main scientific research and production base) is located in Chongqing. Bishan District of the city (West District of Chongqing Science City), close to Chongqing University Town. Currently, there are nearly 3,000 employees and nearly 700 scientific and technological personnel, including more than 300 people with master's and doctoral degrees. A total of 25 people have received government subsidies from the State Council and more than 200 senior professional and technical personnel. Hongyu Precision Group has continued to make profits since the early 1980s, with steady economic benefits, and the company has maintained sustained and healthy development.

Hongyu Precision Group attaches great importance to scientific and technological innovation and core capacity building. It has 1 national-level technology center and 2 provincial and ministerial-level technology centers. It has built postdoctoral research workstations and academician and expert workstations. It has invested hundreds of millions of yuan to build applied physics and application. Six major national dual-accredited professional laboratories including chemistry have an average annual scientific and technological investment of more than 13%, and have a total of more than 300 invention patents, and have won nearly 100 scientific and technological progress awards and technical invention awards at the provincial and ministerial level and above. Hongyu Precision Group has successively won the honors of "National May 1st Labor Certificate" and "Advanced Collective of Central Enterprises", and has been commended by the Party Central Committee, the State Council and central ministries and commissions many times.

Hongyu Precision Group has undertaken more than 100 major national basic application research, pre-research, and key equipment development tasks. Industrial development shows a good situation where domestic equipment and foreign trade exports are carried out simultaneously, basic application research, pre-research and equipment development are carried out simultaneously, and specialty industry and automobile parts industry are developed simultaneously.

In terms of the development of the automotive parts industry, Hongyu Seiko Group has successively developed and produced automobile braking systems and automobile transmission systems. At present, the core components of automobile transmission systems have the R&D capabilities, industrial scale, and sales revenue of torque converters and automatic transmission oil pumps. All are in the leading position in China in other aspects.

Hongyu Precision Group has made outstanding contributions to national defense construction and social and economic development over the past 50 years since its establishment. Entering the new era, Hongyu Precision Group will earnestly fulfill the sacred mission of "strengthening the military and serving the country, strengthening the enterprise and enriching the people", strive to build a national science and technology-based leading enterprise, and strive to build a world-leading scientific and technological innovation-based enterprise to promote national defense construction and social and economic development. Make new and greater contributions.