1987
Huafei Company was founded in October 1987 as the Electronic Equipment Factory of Jiaozuo Mining Bureau, under the jurisdiction of Jiaozuo Mining Bureau Wangfeng Mining Comprehensive Factory. It was established by several employees from scratch, relying on a loan of 300000 yuan and self-developed patented products, as a self operated, self financing, and self-development collective ownership unit.
Huafei Company was founded in October 1987 as the Electronic Equipment Factory of Jiaozuo Mining Bureau, under the jurisdiction of Jiaozuo Mining Bureau Wangfeng Mining Comprehensive Factory. It was established by several employees from scratch, relying on a loan of 300000 yuan and self-developed patented products, as a self operated, self financing, and self-development collective ownership unit.
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