Company Profile

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Company Profile

Founded in 2004, Honest has been committed to the research, development, and manufacturing of motor and drive systems, striving to become a global benchmark in industrial-grade precision transmission and intelligent drive solutions. With “in-depth customization + technology integration” as our core competitiveness, we provide energy-efficient motor systems and precision drive components for 20+ industries, including industrial automation, new energy equipment, smart home, and medical equipment, helping customers achieve intelligent upgrades of their products.

Since 2004
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Employees
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CHN/VIE/MYS‌
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Revenue (USD)
0 millian

Technology-Driven innovation

R&D team accounts for over 10% of our workforce, with an annual R&D investment exceeding tens of millions. We hold more than 160 independent patented technologies, achieving a fully integrated motor-control transmission system.

Advanced customization ability

flexible production line supports the development of 10,000 SKUs custom solutions, ensuring product quality and precision that perfectly align with customer requirements.

Globalized delivery network

3 state-of-art manufacturing bases (including overseas factories in Vietnam/Malaysia), 120,000㎡modern industrial park, IATF 16949 and ISO 9001 quality management systems, UL, CE, CQC and other types of product certification, and all materials are in line with ROHs and REACH environmental standards in Europe and the U.S.

Strategic customer ecosystem

We have established long-term strategic partnerships (over 10 years) with 30+ global industry leaders. Our products are exported to 30 markets, with a 15%+ annual growth in market share within the high-end European and U.S. markets for the past three years.

History

2004-2010

Foundation and Takeoff

2011-2015

Capital Enhancement

2016-2019

Eco-expansion

2020-2024

Global leap forward

2010

Founded Dingtang Motor, expanding into the DC motor technology chain.

2004

Founded the headquarters of Honest in Changzhou, China, and anchored in the micro-motor segment.

2015

Shareholding reform & listing on the New Third Board, starting the interaction between production and financing.

2014

Newly set up Transmission Technology Company to strengthen transmission product development.

2019

Hong Kong investment company was established, building international capital channel

Vietnam production base put into production, launching globalization 1.0 strategy

2018

Merger and acquisition of Ningbo Chengbang, building vertical industrial chain of office equipment.

2024

Completion of Malaysia base, forming the “China-Vietnam-Malaysia” manufacturing triangle.

2022

The second factory in Vietnam is put into production.

Honest Culture

Corporate Mission

Leverage technological innovation to build high-efficiency power solutions, providing more reliable and energy-saving solutions for industries worldwide.

Open and Win-Win

To become a global leader in electrical drive and control field.

Corporate Values

Meticulous Design, Precision Manufacturing, Premium Quality

Self-Satisfaction, Customer Satisfaction, Social Satisfaction.

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