Formerly known as Henan Hongyu Machinery Factory (5104) under China North Industries Group Corporation (NORINCO Group), has been restructured into a military-civilian integration enterprise group focusing on R&D, investment management, and asset management for both military and civilian products. Structured as a parent-subsidiary corporation, Hongyu Group operates two production parks located in Zhongmu Automotive Industrial Park, Zhengzhou and Nanyang High-tech Zone, with its headquarters situated in Zhongmu, Zhengzhou.