The company's predecessor, Jingquanhua Electronics, was founded in June 1996. It is located at the cutting edge of China's economic reform and opening up, the Guangdong-Hong Kong-Macao Greater Bay Area, and Shenzhen, a leading socialist demonstration zone with Chinese characteristics. It is a national high-tech enterprise integrating R&D, production, sales and service of magnetic devices and power supply products. The company focuses on the electronics manufacturing industry and is a national high-tech enterprise integrating R&D, production, sales and service of magnetic integrated devices and power supply products. The company's main products are magnetic components, automotive magnetic devices, and power supplies. The company's honors include the National High-tech Enterprise Certificate, Guangdong Famous Trademark Certification, Shenzhen Famous Brand, etc. The company has won honors such as “Famous Trademark of Guangdong Province”, “National Famous Brand of Guangdong Province”, “Shenzhen Famous Brand”, “Postdoctoral Innovation Practice Base”, “The 6th Shenzhen Top 100 Independent Innovation Enterprises”, and was rated by the China Electronic Components Industry Association as an enterprise credit rating AAA, and has been awarded the title of “China's Top 100 Electronic Components Enterprises” for many years.