Development History

1. Founding and Initial Stages (1999–2008)

In 1999, our predecessor, “Wangda Machinery Factory,” was established on this fertile land, marking the beginning of our entrepreneurial journey as “Fengwang Technology.” The company took its first solid steps, rooting itself in the vast market landscape. With keen market insight and unwavering determination, the founding team laid a solid foundation for the company’s future.

2. Transformation, Growth, and Entry into the International Market (2009–2018)

2009: Becoming a General VAT Taxpayer – This transition signified the formalization and scaling of the company’s operations, providing strong support for further market expansion and enhanced competitiveness.

2012: Going Global – Our products entered the international market, earning widespread recognition from customers and marking our official step onto the global stage.

2018: Recognition as a High-Tech Enterprise – This honor not only affirmed the company’s technological innovation capabilities but also attracted more talent and partners, accelerating rapid development.

3. Scale Expansion and Brand Enhancement (2019–2022)

2021: Becoming a Designated Large-Scale Enterprise – Achieving this status reflected the company’s new level of scale, demonstrating stronger market competitiveness and greater growth potential.

2022: Recognition as a Specialized, Sophisticated, and Innovative Enterprise – This distinction further highlighted the company’s technical expertise and innovation capabilities in its specialized field, opening up more opportunities and challenges for future development.

4. Capital Operations and the Path to Listing (2023–Present)

2023: Listing on the Hebei Exchange – This milestone event marked the company’s entry into the capital market, providing a broader platform for future growth.

Upgrading to a Joint Stock Limited Company – Following the successful listing, the company transitioned from a limited liability company to a joint stock limited company, further standardizing corporate governance and enhancing its overall image and brand value.