1, development needs: Tianshui Yonghong Equipment Factory was founded in 1969, and its original products were semiconductor parts, transistors and solid-state circuits. With the development of the times and the change of the market, in 2002, its product fields were adjusted to integrated circuits, power modules, power devices, LEDs, integrated circuit sealing and testing equipment, materials, spare parts and so on. In order to highlight the company's new positioning and product range, it was renamed Tianshui Huatian Electronics Group.
2. Company expansion and diversified development: Tianshui Huatian Electronics Group has several holding or wholly-owned subsidiaries at home and abroad. This shows that the company has experienced expansion and diversified development in the past few decades. The name change is to better reflect the scale and diversified business scope of the company and better represent the electronics industry involved in the group.