The company was founded in 1988 and was founded on the company's predecessor, the former Hanghua Ink Chemical Co., Ltd. Hanghua Ink Chemical Co., Ltd. is a Sino-foreign joint venture with the approval of the Zhejiang Foreign Trade and Economic Commission and was invested by the Hangzhou Ink General Factory (later managed by Hangzhou Industrial Investment Group Co., Ltd.), T&KTOKA Co., Ltd., and the Zhejiang Branch of the Bank of China. The company is a high-tech enterprise specializing in R&D, production and sales services for energy-saving and environmentally friendly ink products, digital materials, and functional materials in line with the national environmental protection strategy. The company's main products: UV ink series, offset ink series, liquid ink series, digital inkjet printing ink and other functional materials. The company received honors such as 2015 leading enterprises in the provincial industry, ranking first among the top ten enterprises in the ink industry in the 12th 5 year, the “13th Five-Year Plan” ink industry top ten enterprises, the “13th Five-Year Plan” light industry science and technology innovation advanced collective, and the second prize of the 2020 Hangzhou Excellent Quality Management Group. It won the honorary title of “Advanced Unit” in 2023 issued by the National Printing Machinery Standardization Technical Committee. It won honorary titles such as “Top Four Party Organizations” of Hangzhou Industrial Investment Group Co., Ltd. in 2023.