Celebrating the Anniversary of Haihong Electric, Heathwise, and Tritype Electric

In the spring of 1998, as the winds of reform and opening-up swept across the land of South China, Kaiping Haihong Transformer Co., Ltd. was officially established. Twenty-seven years later, looking back at the tides of time, Haihong has dedicated nearly ten thousand days and nights of perseverance, embarking on a magnificent journey. From producing a single phase S7-type transformer to pioneering multiple world-first innovations, Haihong Electric has elevated its brand to global acclaim, bringing pride to the nation. Passing down the torch of excellence, we have nurtured success with sweat and lived up to the responsibilities entrusted by our era. Through 27 years of relentless progress, we have crafted dreams with ingenuity and written glorious chapters!

In 2004, to repay customer support and pursue a vision for health, Chairman Xu Kaixuan drew inspiration from the millennia-old Lingzhi wellness culture, leading Haihong’s team into a second entrepreneurial venture—the founding of Kaiping Heathwise Co., Ltd. Specializing in Lingzhi and “Jinshan Fire Garlic” cultivation, along with supercritical CO₂ extraction technology, the company took its first step toward a new journey in health. Over 21 years, Heathwise has built a full industrial chain spanning raw material cultivation, extraction, and health product manufacturing. Through relentless R&D and a diversified product matrix, we empower public wellness and have established a stellar market reputation. Twenty-one years of perseverance, we forge dreams with integrity and compose a symphony of responsibility!

In 2015, Guangdong Tritype Electric Co., Ltd. was established, focusing on R&D and production of open ventilated 3D wound-core dry transformers. A decade marks not just the passage of time, but a testament to relentless effort. Upholding the principles of “Unity, Innovation, Standardization, and Leadership,” Tritype Electric has stayed true to its commitment to quality, driven breakthroughs in core technologies, and achieved leapfrog growth. Ten years of sharpening the sword with unwavering dedication, we paint a splendid canvas with the brush of diligent!

Reflecting on the Past, Embarking on a New Journey
On March 18, 2025, we gathered at Tritype Electric to celebrate the anniversaries of Haihong Electric’s 27 years, Heathwise’s 21 years, and Tritype Electric’s approaching decade.

At 16:30, festive firecrackers heralded the start of the ceremony. In his speech, Chairman Xu Kaixuan recounted the 27-year journey, expressing heartfelt gratitude to all employees for their dedication. He summarized the achievements of the three companies over the past year:

Haihong Electric achieved multiple breakthroughs. The world’s first “110kV Energy-Saving Amorphous Alloy 3D Wound-Core Oil-Immersed Power Transformer,” developed with partners like Guangdong Power Grid, passed technical appraisal as “internationally leading,” showcasing China’s industrial prowess. Talent development shone as Deputy General Manager Liang Qingning received the State Council Special Allowance, a national recognition of R&D strength. Global and Hong Kong expansion advanced with projects in Thailand, Tanzania, Vietnam, and Hong Kong, while overseas technical training in Malaysia concluded successfully. Domestically, the team seized policy opportunities in the photovoltaic (PV) market. Upgrades to production facilities, including PV installations at Shuikou Plant and air-conditioning upgrades at Cuishanhu Workshop, are underway. Maintenance teams ensured reliability through highway substation inspections. Haihong continues to innovate, driving high-quality growth!

Heathwise pioneered innovations in the Lingzhi wellness industry. Expanding its portfolio with soups, beverages, tablets, and teas, the company meets evolving consumer needs. Partnerships with provincial agricultural institutes and new extraction equipment (launching June 2024) bolster R&D. Dual-market strategies—boosting exports/OEM services and exploring e-commerce—forge a multidimensional sales network. Technology and market synergy unlock industrial value!

Tritype Electric has grown exponentially since 2015. From 70 employees to nearly 200, annual sales surged from ¥80 million to over ¥400 million. Product lines expanded to include 20kV/35kV, eco-friendly, amorphous alloy, and outdoor transformers. Now a National “Little Giant” and intellectual property leader, Changkai’s innovations—35kV lightning withstand up to 20kV, 16,000kVA capacity, and novel cooling systems—set industry benchmarks. Factory upgrades, including rooftop PV and air-conditioning, enhance efficiency. Post-group integration with Haihong, digital management via OA systems accelerates IPO preparations. Tritype paints a high-quality future with innovation and grit!

Chairman Xu affirmed past successes and outlined 2025 priorities:

Enhance Competitiveness Through Learning: Embrace AI tools to empower operations and manufacturing.

Uphold Corporate Culture: Adhere to “Unity, Innovation, Standardization, Leadership,” prioritizing customers and teamwork.

Since 2008, the company awards pure gold medals for 10 and 20 years of service. This year, 55 employees received 10-year medals, and 10 received 20-year honors. Cumulatively, 693 and 149 medals have been awarded, respectively.

Looking Ahead
Only through relentless effort and courage can we overcome challenges and achieve greatness. Let us stay true to our original aspirations, learn, unite, and build reliable teams and products. Together, we will forge new chapters and create brilliance for our century-enterprise dream!