On September 26, Fujian Federation of Industry and Commerce released the list of "Top 100 Private Enterprises in Fujian Province in 2022". With excellent performance and strong comprehensive strength, Hongfa Group ranked 37th among the top 100 private enterprises in Fujian Province of 2022, 21st among the top 50 private enterprises in manufacturing industry in Fujian Province, and 13th among the top 100 innovative private enterprises in Fujian Province.

The threshold for the top 100 private enterprises in Fujian Province in 2022 was ￥4.3 billion ($639 million), an increase of ￥760 million ($113 million)over the previous year. The threshold for the top 50 private manufacturing enterprises in Fujian Province in 2022 was ￥4.48 billion  ($666 million), an increase of ￥1.4 billion ($208 million) over the previous year. The evaluation index system of private enterprises in Fujian Province was constructed from five aspects: patents, trademarks, standards, research and development subjects, and new product sales, and the top 100 innovative private enterprises in Fujian Province were selected.

In the future, Hongfa will adhere to the enterprise spirit of "persevere for progress; strive for excellence", actively grasp the trend of the times, work together with major enterprises in Fujian, jointly promote the rapid development of Fujian's economy, and make greater contributions to social progress!