Guoguang Electric Co., Ltd. (formerly known as Guangzhou Guoguang Acoustic Factory) was established in 1951 and is located in Huadu District, Guangzhou, covering an area of 1,200 acres and employing more than 12,000 people. The company was successfully listed in Shenzhen, Guangdong Province in May 2005 (stock code: 002045), with total assets of more than 4.2 billion yuan. Guoguang Electric specializes in the design, production and sales of speakers, audio and other electroacoustic electronic products, and has occupied a leading position in the domestic electroacoustic industry for many years, with more than 95% of its products exported to the United States, Europe, Asia and other countries and regions, with a wide range of customer bases, mainly including BOSE, Harman, Panasonic, Logitech, Toshiba, Lenovo and other internationally renowned brands.