The predecessor of Qingzhou Hongrun Electric Appliance Technology Co., Ltd. was established in 1999, which is a company integrating domestic and foreign technologies, engaging in R & D, production and sales of electronic components. The company has rich experience in producing electronic components such as power transformers, reactors and inductors, and its products are sold to many provinces and cities, mainly covering the following fields: Smart electricity meter category (Jiangsu Linyang, Guodian NARI, Zhejiang Holley, etc.), smart home appliance category (Haier Europe), electric machinery category, smart home category, new energy vehicle charging piles, inverter category. The products have won customers' recognition with standard quality.

Qingzhou Hongrun Electric Appliance Technology Co., Ltd. is located in Qingzhou, a famous historical and cultural city, with convenient transportation conditions and superior geographical location. The factory covers an area of nearly 30,000 square meters, with a total asset of more than 70 million yuan. It has more than 40 large automatic winding machines, 6 automatic winding lines, 6 automatic assembly and testing lines, 6 automatic back-end testing lines, more than 150 semi-automatic winding machines, and 255 various instruments and equipment. Now it has reached a daily output of more than 90,000 low-frequency transformers, more than 30,000 high-frequency transformers, and more than 20,000 reactors and inductors. After the new factory is fully put into production, the annual output of electronic components will reach more than 40 million pieces, the annual output value will exceed 200 million yuan, and the market share of electronic components for electricity meters in the country is expected to exceed 30%. At that time, the company will become China's larger production base of electronic components for electricity meters.

The company currently has nearly 200 employees. The management team has more than 20 years of production management experience in the electronic component industry, including more than 20 technical R & D and quality control personnel, 3 senior technical personnel, and more than 10 automation equipment engineers. The company's R & D and production capabilities are at the forefront of the same industry. All products have independent intellectual property rights and have obtained nearly 20 national patent authorizations, including 5 invention patents. The company first passed the high-tech enterprise certification in 2015. The company has an industry full-performance laboratory, which is recognized as Weifang Engineering Laboratory (Weifang Engineering Research Center) and Weifang Enterprise R & D Institution, and rated as Shandong Province Specialized, Sophisticated, Unique and New Small and Medium-sized Enterprise, Shandong Province Innovative Small and Medium-sized Enterprise, Shandong Province Science and Technology-based Small and Medium-sized Enterprise, Shandong Province Digital Economy "Morning Star Factory", and Weifang Municipal Industrial Design Center. At the same time, the company has passed ISO9001 quality management system certification, ISO14001 environmental management system certification, ISO45001 occupational health and safety management system certification, and product certifications such as CQC, CE, ROHS, REACH, etc. The company has won the honorary title of "Excellent Supplier" from Jiangsu Linyang for three consecutive years and "Exempted Supplier" from Jiangsu Linyang for five consecutive years.