Facing the new competitive conditions, in 1994,
Hongfa began to carry out the group strategy.
A batch of manufacturing and service correlative group companies
have been set up
to make Hongfa stronger and more competitive. All the group companies
agree with the center spirit of Hongfa, and they also have their
own management theories. The group companies have gotten great development
since their establishments, which greatly strengthens the competitive
power of Hongfa. The Hongfa group also settles the basis of making
Hongfa a world-famous relay manufacturer
before the year 2010.
