Xinchang Electronic Ceramics was founded in 1990. It is one of the few passive component manufacturers in China that can supply ceramic powder raw materials by itself and sell multilayer ceramic capacitors at the same time. It is also the only manufacturer that has the ability to vertically integrate from upstream raw materials to passive chip components. In 2005, Xinchang Electric Ceramics entered into a strategic alliance with Huaxin Group, and in 2008, it officially merged with Hongdian Electronics, extending its sales scope from dielectric ceramic powder, semiconducting ceramic capacitor tiles, laminated ceramic capacitors, and chip resistors to diodes and Coil, becoming the only passive component supplier in China that can provide all special capacitors, inductors and resistors.