First Transformation
1997 – Yonghong Foundry was established (specializing in wear-resistant parts).
2004 – Yonghong Polishing Machine Division was established.
2008 – Yonghong Molding Machine Division was established.
2013 – Yonghong Casting Division was established.
2014 – Yonghong Auto Parts Division was established; recognized as a High-Tech Enterprise and a Technological SME in Hebei Province.
Second Transformation
2017 – Yonghong initiated its digital workshop transformation.
2018 – A new Yonghong factory was built in Baoding; recognized as a Hebei Provincial Technological Innovation Demonstration Enterprise and awarded as a Hebei Provincial Brand Product for SMEs.
2019 – Awarded the title of “Specialized and Innovative SME.”
2020 – Hebei Baoyong Machinery Manufacturing Co., Ltd. was established;
Established the Hebei Provincial Intelligent Foundry Equipment Technology Innovation Center and Hebei Provincial Intelligent Foundry Equipment Industry Technology Research Institute.
2021 – Baoding Baoyong Intelligent Technology Co., Ltd. was established.