KG Technologies Announces 5 Year Anniversary with Hongfa Group


KG Technologies Announces 5 Year Anniversary with Hongfa Group - June 2020

Rohnert Park, CA, June, 2020 – KG Technologies, Inc., established in 1999 in Crystal Lake, Illinois, USA, announces their five year anniversary since the acquisition by Hongfa Technology Co. Ltd., a world leader in relay development and manufacturing.  KG Technologies is a leading supplier of latching relays to the global energy management market.   With a capacity of over 180 million latching relays, the combined companies have become the largest producer of latching relays in the world.

During this period KG has grown approximately 30% year over year and has been extremely successful in providing product to the global energy market”, said  Erik Zhang, CEO of KG Technologies, “During these past five years, the acquisition of KG by Hongfa has developed into a profitable business due to the combined efforts”.

Hongfa Group was founded in 1984 and has established a full-range and well-equipped industrial system by upholding the company spirit of “persevere for progress; strive for excellence”. Hongfa has set up three relay R&D and production bases with nearly 14,000 employees globally. Hongfa products cover various product segments including relays, low-voltage and high-voltage devices, capacitors, precision parts and automatic production equipment, which are widely used in industrial, energy,

transportation, telecommunication, home appliance, and medical areas.

Our goal is to exceed the customer’s expectations and we are constantly driven to provide excellent product quality and service.  We take pride in having one of the lowest failure rates in the industry. For our customers, this translates into a significant savings in cost.