Yongkang North Urban Water Tank Factory was established with a registered capital of 300,000 yuan, specializing in the production of S195N radiators, supplying Yongkang Tractor Factory and Guangxi Nanning Machinery Factory.

Relocated to Yingdian Industrial Zone on Sanma Road, added 8 sets of equipment, started factory-style production, with an annual output value of 2 million yuan.

Renamed as Zhejiang Yongkang Hongyun Industry Co., Ltd., with registered capital increased to 2 million yuan and annual output value of 7 million yuan.

Invested 2.3 million yuan to purchase 9,800 square meters of land in Daxu Industrial Zone, built standard workshops and warehouses, with products covering the full range of radiators for domestic single-cylinder diesel engines.

Moved into Daxu Industrial Zone, ending the history of renting workshops, increased registered capital to 5 million yuan, and applied for the ‘Hongyong’ trademark.

The company celebrated its 10th anniversary, radiator products passed ISO9001:2000 quality management system certification, with an annual output value of 13 million yuan.

Registered capital increased to 10 million yuan, successfully developed automotive alternators and launched them into the market, winning the title of 'Class A Contract-abiding and Credit-worthy Unit'.

Radiator output value exceeded 25 million yuan, generators went into mass production, annual output value reached 28 million yuan, ranking among the top 200 taxpayers in Yongkang.

Automotive alternators passed ISO9001 certification, established Yongkang's first staff reading room, and held the first employee cultural and sports competitions.

Invested over 20 million yuan in developing heavy-duty automobile half shafts and camshafts, introduced Swiss spline cold heading equipment, with technology reaching first-class domestic level.

Established foreign trade motor assembly lines, with products sold to Russia and Eastern European countries.

Output value exceeded 100 million yuan, winning titles such as 'Zhejiang Provincial Technology-based Enterprise' and 'Yongkang Science and Technology Progress Enterprise'.

Scientific research investment reached 3.9585 million yuan, carried out more than ten technological innovations, and won science and technology awards from Yongkang and Jinhua cities.

Introduced ERP management system, purchased 15,000 square meters of land to build a new factory area, developed new products of aluminum radiators and fan generators.

Acquired Zhejiang Boyu Industry Co., Ltd., completed merger and reorganization, passed TS16949 certification, and 'Hongyong' trademark was awarded Zhejiang Famous Trademark.

Completed the technical transformation project of annual output of 300,000 heavy-duty automobile half shafts, introduced German and Swiss equipment, with spline cold extrusion technology being the first among private enterprises in China.

Testing and experiment center was put into use, R&D center was rated as Jinhua High-tech Research and Development Center, completed the upgrade of IATF16949:2016 quality system.

The company was renamed Zhejiang Hongyun Industry Co., Ltd., and passed ISO14001:2015 environmental management system certification.

Completed the digital transformation of the half shaft production line, passed GJB9001C2017 weapon equipment quality management system certification, and became a pilot enterprise of 'digital manufacturing, platform service' in the auto parts industry.

Successfully developed starters and generators for unmanned aerial vehicles and helicopters, ranking among the top 100 manufacturers in Yongkang.

Expanded into outboard motor shaft business, invested in building production lines, and obtained the qualification of 'National High-tech Enterprise'.

Passed the 'Zhejiang Manufacturing' Pin Mark certification and obtained the qualification of 'Zhejiang Provincial High-tech Research and Development Center'.

Awarded the title of 'Zhejiang Provincial Specialized, Refined, Peculiar and Novel Small and Medium-sized Enterprise'.