Hongguang Electric Group Co., Ltd. was founded in 1983 and is headquartered in Yueqing Economic Development Zone, Zhejiang Province. It is a national high-tech enterprise integrating scientific research, manufacturing, trade and sales. The registered capital of the group company is RMB 200.7 million and has many companies under its jurisdiction. It is a wholly owned (holding ) company, currently owns two production bases of Yueqing and Wuhu, with a construction area of ​​170,000 square meters. The completion and relocation of Hongguang Intelligent Industrial Park in 2022 is officially put into use, equipped with multiple automated production assembly lines.

The company mainly produces and operates power transformers, high and low voltage switch cabinets, box-type substations, cable branch boxes, ring network cabinets, metering boxes, comprehensive distribution boxes, reactive power compensation devices, outdoor vacuum circuit breakers, isolation switches, load switches, photovoltaic distribution Intelligent electrical products such as electrical equipment and primary and secondary fusion equipment, as well as composite insulators with ±800kV DC/750kV AC and below, lightning arresters with 220kV and below, and supporting metals for high and low voltage transmission and distribution systems. The business scope covers all supporting equipment and power transmission and distribution system devices in the substation area.

The company currently has more than 800 employees, including more than 120 technicians, 10 senior engineers, 35 intermediate engineers, 12 senior engineers, 1 senior technicians, 5 technicians, and 58 senior workers. The company has more than 500 advanced production and testing equipment and more than 100 cooperative units. The company's products have passed the tests of China Institute of Electric Power Science, Wuhan High Voltage Research Institute, Xi'an High Voltage Research Institute, Electric Power Industry Power Line Equipment Quality Inspection and Testing Center, Guodian Power Construction Institute, etc., and have obtained KEMA certification, UL certification, and BVEEurasia ( BV) and other international certifications and Zhejiang Manufacturing Products Word Mark Certification. It is a qualified supplier of State Grid Corporation and Southern Power Grid. It has more than 30 distribution outlets and offices at home and abroad. Its products cover all provinces, municipalities, autonomous regions across the country, and are far away from all over the country. It sells to many countries and regions such as Europe, South America, the Middle East, Asia, Africa, etc., and has more than 500 major strategic customers at home and abroad.

The company has always adhered to the purpose of "contributing to the power industry" and the mission of "serving the power industry and ensuring the safety of the power grid", with the vision of "connecting the world's electricity" and is based on the core values ​​of "integrity, harmony, dedication and innovation". With the corporate spirit of "unity, pragmatism, hard work and progress", on the road of pursuing excellence, the company insists on technological innovation, pays close attention to quality management, continuously improves service levels, and establishes a complete pre-sales, in-sales and after-sales service system. , making the after-sales service commitment of "three guarantees", winning the trust and praise of domestic and foreign customers, achieving the healthy development of the company's business, and sales performance has made the company's market share rise steadily with an annual increase of 20%.