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What smart money is saying about Hongfa Technology Co., Ltd.China flag

600885.SS · Industrials · Electrical Equipment & Parts · Market cap $6.83B

2 funds in our archive have pitched Hongfa Technology Co., Ltd. — most recently Guinness Greater China Fund in December 2025.

Company profile

Hongfa Technology Co., Ltd. manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. It offers a range of relays, including signal relays, automotive relays and modules, power relays, industrial relays, latching relays, new energy relays, etc. The company also provides low-voltage devices, such as intelligent circuit breakers, contactors, motor protectors, automatic transfer switching breakers, etc. Hongfa Technology Co., Ltd. was formerly known as WuHan LiNuo Solar Energy Group Co., Ltd. and changed its name to Hongfa Technology Co., Ltd. in December 2012. The company was founded in 1984 and is based in Xiamen, China.

Fund coverage · 2 theses

  • Guinness Greater China Fund
    December 2025

    Hongfa Technology Co., Ltd. is the world’s largest relay maker positioned to benefit from increasing relay content in vehicles, EV fast-charging, and power grid upgrades for AI.

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  • Guinness Greater China
    June 2025

    Hongfa Technology is poised for growth due to rising demand for relays in smarter vehicles, increased EV popularity, and a surge in data center construction in China.

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