Founded in 1993, Xuchang Hongyang Biochemical Industry Development Co., Ltd. is located in Xuchang, Henan Province, the world's wig industry center. Covering an area of over 70 acres, the company has standardized production workshops, product testing laboratories, and auxiliary facilities. It is a modern high-tech enterprise integrating product research and development, large-scale production, and global sales.

The company focuses on the entire industrial chain of the hair product industry, encompassing hair product-related chemical products, wig fibers, hair products and hair product machinery, forming a complete modern industrial chain from raw material production to the production of supporting auxiliary products, and then to end products and production equipment. The company has an independent research and development institution and has established long-term technical cooperation relationships with several universities in the province, achieving an organic integration of production, learning, and research. It has obtained more than 120 technical patents and has been recognized as a National High-tech Enterprise three times consecutively.