Yonghong has been developing since 1997 and established Yonghong Machinery Group Co., Ltd. in 2020, mainly engaged in the research and development, production, operation, and export of casting equipment. Over the course of more than 20 years of development, Yonghong has always adhered to the business philosophy of "customer satisfaction, creating a win-win situation".

The company currently has over 1200 employees, including 260 professional and technical personnel, accounting for up to 21.6%. The professional level of the research team is leading in the national casting equipment industry.

The company's main products include box less injection molding vertical molding lines and auxiliary lines, horizontal parting molding lines, sand processing equipment, post-processing equipment, dust removal and environmental protection equipment, fully automatic bottom pouring machines, castings and wear-resistant parts, metal abrasives, intelligent three-dimensional warehousing, material handling equipment, etc. In addition, it undertakes the design and construction of casting projects and the upgrading of casting equipment, and exports its products to the United States, Japan, South Korea, Vietnam, Iran, etc International markets such as Indonesia.