![]() Shenyang Hongyuan Magnet Wire Shenyang Hongyuan Magnet Wire (HYMW, 沈阳宏远电磁线股份有限公司) is a designer, manufacturer, and supplier of electronic components. | ![]() Torch Electron Fujian Torch Electron Technology (福建火炬电子科技股份有限公司) is a company that manufactures and distributes electronic components. | ||
Founding Date | Founding Date 1915 | Founding Date 1983 | Founding Date 1989 |
Type | Type Private | Type Private | Type Public |
Tags | |||
Locations | Locations Brentwood, US HQ Brentwood, US | Locations Shenyang, CN HQ | Locations Quanzhou, CN HQ |
Employees | Employees 1904% increase | Employees 500 | Employees 3,08342% increase |
Financial | |||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) ¥999.8m (FY, 2021) | Revenue (est.) ¥4.1b (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods ¥915.9m (FY, 2021) | Cost of goods ¥3b (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit ¥83.9m (FY, 2021) | Gross profit ¥1.1b (FY, 2025) |
Net income | Net income N/A | Net income ¥49.5m (FY, 2021) | Net income ¥323.5m (FY, 2025) |

Shenyang Hongyuan Magnet Wire (HYMW, 沈阳宏远电磁线股份有限公司) is a designer, manufacturer, and supplier of electronic components.
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Fujian Torch Electron Technology (福建火炬电子科技股份有限公司) is a company that manufactures and distributes electronic components.
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