The company was founded in December 2000, formerly known as Gaoyao Hongtu Industrial Co., Ltd. After years of development, the company has evolved from the auto parts die-casting business to the current four major business segments — die-casting sector, interior and exterior sector, special vehicle sector and investment sector. The company's business mainly includes two major business segments: precision light alloy parts molding manufacturing and automotive interior and exterior products manufacturing. The company's main products: powertrain systems, power transmission systems, chassis systems, power systems, three-electric systems, body and chassis systems, oversized integrated structural parts, communications and electromechanical industries, automotive interior and exterior decoration products. Corporate honors: “Key New Products in Guangdong Province”, “Guangdong High-tech Products”, “Guangdong Province's Famous Brand Products”, “Guangdong Province's Top 100 Automobile Supply Chain Enterprises” (ranking 55), “Auto Parts Export Base Enterprise” awarded by the Ministry of Commerce and the National Development and Reform Commission. It is also a governing unit of the China Foundry Association, the vice chairman unit of the Die-casting Branch of the Guangdong Society of Mechanical Engineering, an executive director unit of the Guangdong Automobile Industry Association, and a leading enterprise in the “China Die-casting Industry Base”, a leading enterprise in China's green casting industry base for many years. The list of the top 100 auto parts companies has won honors such as China's Green Foundry Demonstration Enterprise.