On the morning of March 26, the mobilization conference for Liushi Town's Six Cadres Striving for Excellence-aimed at forging a new landscape, fostering common prosperity, and striving to write a new chapter for the Capital of China's Electrical Appliances-was ceremoniously convened. The conference comprehensively reviewed and summarized the economic development achievements realized across the town over the past year, and honored enterprises that made outstanding contributions to Liushi Town's socio-economic development during 2025. By virtue of its exceptional comprehensive strength and sustained market performance, Hongbo Button Manufacturing Co., Ltd. was awarded the title of Top 50 Enterprise in Liushi Town for the year 2025.
Adorned with Honors, Forging Ahead Company Chairman Zhou Jue stated that being once again honored with the title of one of Liushi Town's Top 50 Enterprises" serves as a resounding affirmation by the Town Party Committee and Government of the company's development over the past year. Moving forward, the company will continue to uphold its brand promise-"At Critical Moments, Professionalism Shines Through"-driven by technological innovation and grounded in green, intelligent manufacturing. Under the strong leadership of the Liushi Town Party Committee and Government, we will engage in earnest, practical work and strive to lead the way. We aim to demonstrate even greater capability and achieve more substantial results amidst the new wave of economic revitalization and development promotion, dedicating our full efforts to forging a new frontier in high-quality development. Furthermore, in the 2025 annual ranking of export enterprises released by Yiqing City, Hongbo Button Manufacturing Co., Ltd. secured the 57th position citywide-a testament to its specialized expertise in the field of button switches. This achievement highlights the significant success the company has attained through its deep cultivation of international markets and its continuous efforts to enhance product competitiveness; it also reflects the robust resilience of "Made in Yiqing" products within the global industrial supply chain.
38 Years of Dedicated Craftsmanship: Setting the Benchmark in the Pushbutton Industry Founded in 1988, Hongbo Pushbutton Manufacturing Co., Ltd. began its journey as the "Yueqing County Hongbo Radio Factory," launching its large-scale operations with an initial capital investment of 130,000 RMB. Over the past 38 years, the company has remained steadfastly focused on the R&D and manufacturing of pushbutton switches, evolving into a modern industry leader with a registered capital of 81.6816 million RMB. In 2025, the company's brand-building efforts reached a new milestone: "ONPOW" was successfully included in Beijing's Key Trademark Protection List. Joining the ranks of renowned brands such as Alibaba, Xiaomi, and Tencent, ONPOW has now been incorporated into the capital's high-standard trademark protection system-a significant achievement that marks the beginning of a new chapter in the brand's journey toward enhanced intellectual property protection and brand value creation.
About Liushi Town, Yueqing City - China's Capital of Electrical Appliances As "China's Capital of Electrical Appliances" and the primary hub of Yueqing's trillion-yuan-level electrical industry cluster, Liushi ranked 11th among the top 1,000 towns nationwide in terms of comprehensive strength in 2025, while firmly maintaining the top spot within the province. Its total industrial output value has exceeded 100 billion RMB for three consecutive years. Currently, the town is home to 17,800 industrial enterprises-including 785 enterprises designated as "above-scale" (with annual revenue exceeding 20 million RMB). It serves as a hub for 5 listed companies, 6 companies listed on the New Third Board (NEEQ), and 142 enterprises with an annual output value exceeding 100 million RMB (10 of which exceed 1 billion RMB). Furthermore, the town hosts 1,292 provincial-level technology-based SMEs, 430 high-tech enterprises, 299 innovative enterprises, 179 "Specialized, Refined, and New" enterprises, 18 "Little Giant" enterprises (specializing in niche sectors), and 3 national-level key "Little Giants." In 2025, the industrial output value of above-scale enterprises reached 71.015 billion RMB, a year-on-year increase of 10.5%. The value-added of above-scale industries reached 13.323 billion RMB, up 11.0% year-on-year, marking 27 consecutive months of double-digit growth. The industrial structure continues to optimize; specifically, the value-added of above-scale manufacturing within strategic emerging industries, high-tech industries, and the core digital economy sector grew by 11.3%, 9.5%, and 8.2% year-on-year, respectively. Innovation-driven development has become increasingly prominent, with R&D expenditure among above-scale industrial enterprises reaching 2.338 billion RMB-accounting for 3.52% of total output value-a year-on-year increase of 12.23%. As it advances from being "China's Capital of Electrical Appliances" toward becoming the "World's Capital of Electrical Appliances," Liushi is leveraging its formidable industrial strength to provide robust support for the high-quality development of enterprises within its jurisdiction.
