Yueqing Qunxiang Powder Alloy workshop was established by Mr. Chen Xiao in 1993

Yueqing Hongfeng Electrical Alloy Co., Ltd. was established in 1997. By establishing the internal oxidation production line, developing the infiltration process, and manufacturing silver tungsten and other materials, Hongfeng gained the initial operational experience and accumulated capital to lay a solid foundation for the development of this enterprise.

The company was renamed Wenzhou Hongfeng Electrical Alloy Co., Ltd. It established the bi-metal rivets, silver graphite extrusion, and other production lines, developed a solid-phase sintering process, and manufactured silver tungsten carbide and other materials. With technologies, products, and funds as the link, Hongfeng continues to grow and develop.

Hongfeng was relocated to the Industrial Zone of Beibaixiang, Yueqing, Wenzhou of Zhejiang, and started implementing the international strategy by providing sample tests for GE, Emersion, Sensata, Schneider, and other famous overseas-funded enterprises to obtain supplier qualification certification.

Selected by the Provincial Department of Science and Technology, Provincial Department of Finance, Provincial State Taxation Bureau, and Provincial Local Taxation Bureau as a “High-tech Enterprise”. Successfully developed a high-precision multi-layer powder automatic pressing system and automatic production line.

After completing the share-holding reform, Wenzhou Hongfeng Electrical Alloy Co., Ltd. was formally established.

Hongfeng successfully launched its IPO on the Shenzhen Stock Exchange on January 10, 2012. The stock code is 300283. In the same year, Mr. Chen Xiao, the chairman, was voted one of the Wenzhou Top Ten economic figures of the year.

The testing center obtained an Accreditation Certificate (Registration No. is CNAS L7084) by ISO/IEC 17025:2005, which was issued by China National Accreditation Service for Conformity Assessment.

Hongfeng established Hongfeng Elektrowerkstoffe GmbH as a German subsidiary to provide sales support and technical services for the European market. Hongfeng spun off and acquired the Suzhou factory of Umicore. Hongfeng's research institute was approved to be a provincial key research institute and officially changed its name to "Zhejiang Hongfeng Key Enterprise Institute of Functional Composite Materials".

Hongfeng established Hongfeng Composite MaterialsCorp. as a subsidiary in the US, to provide sales support and technical services for the North American market, which showed initial results of the global business deployment.

Recommended by the provincial and municipal intellectual property offices and reviewed and evaluated by CNIPA, Wenzhou Hongfeng was successfully awarded as a "National Intellectual Property AdvantageEnterprise", making it a team with a national honorary title.

Mr. Chen Xiao, the board director of Hongfeng, was selected as one of the "Zhejiang Special Support Plan for High-level Professionals", making him the first in the industry province-wide on the list as an entrepreneurial leader.

Zhejiang Provincial Market Supervision Bureau (Provincial Intellectual Property Office) released the list of the Top 100 Inventive Enterprises in Zhejiang Province. Wenzhou Hongfeng successfully entered the list with its excellent technological innovation capabilities and fruitful innovation achievements always as an industrial leader.

Wenzhou Hongfeng won the honorary title of "National Intellectual Property Demonstration Enterprise". This honorary title is a major achievement of Hongfeng's continuous investment in intellectual property, and also a high affirmation of Hongfeng's intellectual property performance by intellectual property authorities.