The company was founded in 1848 and has a number of professional jewelry production bases and jewelry research institutes. It integrates R&D, design, production and sales, covering diverse product lines such as gold, platinum, diamonds, white jade, jade, pearls, colored stones, silver, amber, enamel, coral, jewelry and glasses, watches, and craft tourism souvenirs. The company is mainly engaged in the production, operation and sale of gold jewelry, arts and crafts, pen stationery and school supplies. The company's main products are gold, platinum, diamonds, silver, white jade, emerald, pearls, colored stones, enamel, K-gold jewelry, glasses, coral, watches, amber, brooch jewelry, arts and crafts travel souvenirs, etc. Corporate honors: Lao Fengxiang's brand has been on the Shanghai Top 100 Enterprise List several times, “Fortune”, “China's Top 500”, “The World's Top 100 Luxury Companies”, and has been ranked in the “China 500 Most Valuable Brands” list for more than 10 consecutive years. The brand value reached 31.314 billion yuan in 2019. In 2019, Lao Fengxiang also won the “Shanghai Intellectual Property Innovation Award”, “Fortune” 214th of China's Top 500 Listed Companies, 263rd in the “Fortune” China Top 500, “2023 Global Top 100 Luxury Enterprises”, 2023 China's Top 500 Manufacturing Companies, 2023 China's Top 100 Light Industry Enterprises, 2023 Yangtze River Delta Manufacturing Companies, and the 2023 Shanghai Top 100 Manufacturing Companies.