The company was established in 1992, listed on the Shenzhen Stock Exchange in 1994, and restructured from a state-owned holding to a private holding in September 2011. In 2018, with the support of Delixi Group, Ganhua Technology took the military industry as the transformation direction and successively acquired two representative enterprises in the military industry segment, Shenyang Energy-containing Metal Materials Manufacturing Co., Ltd. and Sichuan Shenghua Power Technology Co., Ltd., to complete the transformation from a traditional industry to a high-tech industry. The company's main business is R&D, production and sales of military products such as power supplies and related products, and high-performance special alloy material products. The company's main products include power supplies and related products, tungsten alloy prefabricated fragments, tungsten columns, tungsten rings, tungsten balls, amorphous alloy composites, etc. The company has received honors such as the country's largest comprehensive sugar cane utilization base, 2017 top 100 taxpayer enterprises, outstanding enterprises in the Chinese food industry, Guangdong Province integrity demonstration enterprises, Chinese star enterprises, and national quality credit enterprises.