Founded in 1983, Hongguang Electric Group Co., Ltd., headquartered in Yueqing Economic Development Zone, Zhejiang Province, is a large non regional group company integrating scientific research, manufacturing, trade and sales. With a registered capital of 100.7 million yuan, it has a number of wholly-owned (holding) companies under its jurisdiction. It has two major production bases in Yueqing and Wuhu, covering an area of 150000 square meters.