The company was founded in July 1997. Its predecessor, Xucun Warp Knitting Factory, was founded in 1985 and successfully listed on the SME board of the Shenzhen Stock Exchange in August 2007. Currently, Hongda Hi-Tech operates with textile manufacturing and medical devices as its two main businesses, and also makes financial investments in financial investments. The company's main business is in two major fields: fabric weaving and medical devices. The company's main products are fabric weaving business products, ultrasonic diagnostic equipment and ultrasonic therapy equipment. Corporate honors: Employee bookstore, AAA grade for contract-abiding and credit-worthy units, well-known trade names in Zhejiang Province, third-level enterprise for production safety standardization, Zhejiang Enterprise Technology Center, etc.