600885

Hongfa Technology Co., Ltd.

A maker of relays and electrical components, Hongfa Technology is one of the world's largest relay manufacturers, producing the small electromagnetic switches found inside cars, appliances, and industrial equipment. Founded in 1984 in Xiamen, China, it grew from a local factory into a global supplier, listing on the Shanghai Stock Exchange in 2012. Its name, Hongfa (宏发), means "prosperous and grand development" — an auspicious choice, since its relays now ship by the billions each year.

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