The company was founded in 2003 and is a controlling member of Huali Group. It is one of the earliest domestic enterprises engaged in the development and production of epoxy resin copper clad panels. On January 3, 2017, the company was officially listed on the Shanghai Stock Exchange. The company is mainly engaged in the design, R&D, production and sales of products such as copper-clad plates and adhesive sheets, composites and film materials. The main products are copper-clad sheets and adhesive sheets, composites and film materials. The company has received titles such as National High-tech Enterprise, Outstanding National Brand in China's Printed Circuit Industry, Zhejiang Enterprise Technology Center, Zhejiang Enterprise R&D Center, Zhejiang 5G Industry Alliance (sole material member unit), Zhejiang Enterprise Research Institute, Zhejiang High-tech Enterprise Research and Development Center, Zhejiang Patent Demonstration Enterprise, and Outstanding National Brand Enterprise in China's electronic circuit industry.