Yangjiang Guanhong Hardware Technology Co., Ltd., formerly known as Dongguan Guanhong Hardware Products Factory, was originally established in 2010. Since it signed an industrial transfer agreement with Yangjiang City in 2018, it has been relocated in Zhuhai Yangjiang (Wanxiang) Industrial Transfer Park, Yangjiang City, Guangdong Province, China. With a total investment of RMB 30 million yuan, its new energy-saving plant enjoys comfortable environment and large scale, covering a construction area of approximately 15,000 square meters. It is specialized in the production of self-locking fasteners, self-locking thread taps, self-locking thread gauges and other supporting products, with annual output value of more than RMB 80 million yuan.