From 65438 to 0999, Hua Guichao gave up the position of vice president of American VPT company and chose to start a business in Hangzhou. At this time, Hangzhou High-tech Zone Overseas Students Pioneer Park, the first overseas students pioneer park in Hangzhou, was formally established, beginning with 1999. Hua Guichao's Yibo Power Supply (Hangzhou) Co., Ltd. became the first batch of enterprises to settle in the high-tech pioneer park and grew up here.
In May, 20001,the company was wholly-owned by Belfors Company (a Nasdaq listed company) in the United States, which realized the complementary win-win situation of market, capital and technology and became the first research center of the head office in Chinese mainland.
In 2007, Dr. Hua Guichao founded Infineon Electronics (Hangzhou) Co., Ltd. again, engaged in the research, development, production and sales of high-power LED power supply and AC DC power adapter with high efficiency, high reliability and high power factor, and achieved a new round of development.
In 2008, the total income of science, industry and trade reached 654.38+0.48 billion yuan, and the overall strength of enterprises founded by overseas students in Hangzhou has been among the best in the country.
In late February 2009, Hua Guichao, Chairman of Infineon Electronics (Hangzhou) Co., Ltd., went to Silicon Valley to attend a large LED conference. As soon as Hua Guichao came back, he immediately called the technicians of R&D department to discuss the new trends and new ideas of new product research and development.