The historical origins of the development of Hunan Yiyang Tea Factory Co., Ltd. can be traced back to Peng Xianze, the father of Hunan's black tea theory. In 1939, the "Dehe Qingji" tea house was leased in Jiangnan Town, Anhua County, Yiyang City, Hunan Province to establish the "Hunan Brick Tea Factory", and the following year was changed to "Anhua Brick Tea Factory of China Tea Company". After the founding of New China, the factory was generally moved to Xiaoyan Town, Anhua County, and was renamed "Anhua Second Tea Factory" in 1953. In the same year, the trial production of Fu brick tea was successfully carried out. In 1958, the "Anhua Second Tea Factory" was rebuilt to Yiyang City and renamed it "Hunan Province Yiyang Tea Factory", and the hand-built Fu brick tea was completely changed to mechanically pressed Fu brick tea. In 2007, the state-owned enterprise of "Hunan Yiyang Tea Factory" was reorganized, and it was controlled by Hunan Tea Industry Group Co., Ltd. and replaced the original employee identity and then established "Hunan Yiyang Tea Factory Co., Ltd.", which has been developed to this day.

After several generations of Xiangyi Tea people's unremitting efforts and hard entrepreneurship, the company has become a leader in the black tea industry. It is a national key Fu brick tea manufacturer designated by the State Ethnic Affairs Commission, the Ministry of Finance and other national ministries and commissions, and a leading agricultural industrialization enterprise in Hunan Province. , Hunan Province's high-tech enterprises, Hunan Province's major science and technology demonstration enterprises, Hunan Province's innovative pilot enterprises, and Hunan Province's black tea production enterprises with self-operated import and export rights.

The company's main products are the "Xiangyi" brand series Fu brick tea, which has stable and reliable quality and is at the forefront of the domestic industry. Xiangyi Fu Tea, which is dedicated to quality and specialized in making, has accumulated a profound historical and cultural heritage, and has condensed the first-class quality and production skills of Fu brick tea. It is known as "the mysterious tea on the ancient Silk Road in China." For more than half a century, Xiangyi people have worked hard and continued to grow stronger with their hard work and sweat. In 2008, Yiyang Fu brick tea production technology was included in China's second batch of national intangible cultural heritage protection list.