Formerly known as झेजियांग एनहोंग इलेक्ट्रॉनिक्स कंपनी लिमिटेड, it is a China high-tech magnetic cores, transformers, and inductance products manufacturer and amorphous nanocrystalline core transformer factory, with independent core technology. Its annual sales volume is nearly 40 million. Its service customers include China State Grid, China Southern Power Grid, German Volkswagen, Schneider Electric, Siemens, ABB, Schaffner, Panasonic and other well-known enterprises.