Introduction to the Development History of Fenghua High Tech

Fenghua High tech (Guangdong Fenghua High tech Co., Ltd.) was established in 1984 and is one of the leading enterprises in China's electronic components industry. Its development process can be divided into five stages, demonstrating a leapfrog development trajectory from technology introduction to independent innovation, from local cultivation to global layout.
1、 Entrepreneurship Start and Technology Foundation (1984-1995)
In 1984, Guangdong Zhaoqing Fenghua Electronics Factory was established, initially mainly engaged in the assembly and sales of electronic components. In 1985, the company took the lead in introducing internationally advanced single stone capacitor (predecessor of MLCC) production lines and technologies, filling the domestic gap and becoming the industry's technological benchmark. In 1994, the shareholding system was restructured and Guangdong Fenghua High tech Co., Ltd. was established, laying the foundation for subsequent capital operations.
2、 Market Expansion and Industrial Integration (1996-2005)
In 1996, Fenghua High tech went public on the Shenzhen Stock Exchange to raise funds to support capacity expansion. In 2000, the company issued additional A-shares and raised 1.1 billion yuan to build a new electronic component base, which was included in the national "863" plan for the industrialization of new components. At this stage, the company improved its entire industry chain layout from materials to components through mergers and acquisitions (such as the acquisition of Guangzhou Huaxin in 2001), and its production capacity of chip resistors and capacitors jumped to the top in China.
3、 Technological breakthroughs and high-end transformation (2006-2015)
After completing the equity split reform in 2006, Fenghua High tech focused on the research and development of high-end products
Material Innovation: The independently developed BT01 ceramic powder has reached international standards in performance, breaking through the high-end MLCC dielectric material technology.
Process upgrade: The first fully automated production line for ceramic materials in China has been built, and thin medium technology has entered the sub micron era.
Breakthrough in automotive regulations: In 2016, a dedicated line for passive components automotive regulations was established, and the products passed AEC-Q200 certification, entering the core supply chain of automotive electronics.
During this period, the company led the development of multiple national standards and won the second prize for national scientific and technological progress, establishing a leading position in the field of MLCC technology.
4、 Management Change and Digital Restructuring (2016-2023)
Faced with industry cycle fluctuations, Fenghua High tech has launched deep reforms:
Cost reduction and efficiency improvement: Implement the "1+2+4+4+N" strategy, summarize 35 cost reduction methodologies, and increase labor productivity by 101.8%.
Quality leap: In 2024, chip resistors and capacitors were awarded the national manufacturing industry single champion, with a product yield rate of 99%.
Compliance governance: Passed ISO/TS 16949 and ESG dual certification, selected as one of the "China ESG Listed Company Pioneer 100".
Digital Empowerment: The project "Optimizing Production Management Based on MES+Library System" has been selected as a typical case of digital transformation in Guangdong Province, achieving 100% visualization of production data.
5、 Intelligent Era and Global Competition (2024 present)
In 2024, Fenghua High tech achieved a revenue of 4.221 billion yuan, with a year-on-year increase of 130.43% in non recurring net profit. The core business showed three major trends:
Emerging market penetration: Sales of automotive electronics, AI computing power, and photovoltaic energy storage sectors increased by 66%, 24%, and 16% respectively, while revenue from supercapacitors surged by 63%.
Technological breakthrough: Developing high-temperature and high-pressure ceramic powder, conquering the technology of base metal electrode paste, and promoting a 30% reduction in raw material costs.
Global layout acceleration: Increased overseas sales share, participation in international exhibitions such as the Munich Electronics Show in Germany, and brand influence covering the world.
Future outlook: Anchoring the goal of "invisible champions"
Fenghua High tech is implementing the 'Climbing Plan', focusing on six major directions:
High reliability products: increase market share in the military and medical fields.
Extreme high-capacity technology: Breakthrough the use of ultra micro MLCC for computing chips.
Material self-sufficiency rate: Achieve 80% self-sufficiency and controllability of key materials.
Intelligent manufacturing: By 2025, five "black light factories" will be built, doubling per capita output.
Carbon neutrality goal: Achieve zero emissions in the production process by 2030.
From a local state-owned enterprise to a global passive component giant, the development history of Fenghua High Tech is a microcosm of China's independent innovation in the electronics industry. Faced with new tracks such as AI and low altitude economy, its innovative system of "materials technology products" is accelerating towards becoming a benchmark enterprise for "Made in China".