Quzhou Hangyong Transformer Co., Ltd. is a wholly-owned subsidiary of Hangzhou Qianjiang Electric Group Co., Ltd. With a registered capital of 51 million RMB, the company occupies a plant area of 63,800 square meters and a building area of 32,900 square meters, achieving an annual production capacity of 9.5 million kVA. Recognized as a National High-Tech Enterprise and a Zhejiang Province "Specialized, Refined, Differential, and Innovation-Oriented" (SRDI) SME, the company specializes in the R&D, design, manufacturing, sales, and service of distribution transformers. It hosts a Provincial Enterprise Technology Center and a Provincial R&D Center, enjoying high reputation and significant influence within China's distribution transformer industry.