Torance was founded in 2023 and wholly owns four business units: Chongqing Huayu, Chongqing Huatuo, the Huarong Division, and the Huacheng Division. Its product portfolio encompasses metal stamping parts, thermal insulation materials, electrical insulation materials, fire-resistant materials, composite lightweight materials, and electronic components. The company is committed to driving the energy transition, promoting energy conservation and carbon reduction, providing entrepreneurial platforms for young talent, creating value for shareholders, and aspiring to become a world-class enterprise.

Chongqing Huayu Shengjiu Materials Technology Co., Ltd. (hereinafter referred to as "Chongqing Huayu") was established in December 2018. It is a leading domestic supplier of thermal insulation materials, with main products including automotive manifold heat shields, engine heat shields, chassis heat shields, and exhaust heat shields.

Chongqing Huatuo Shengjiu New Energy Technology Co., Ltd. was founded in 2025 and has established a business layout covering core products such as mica insulation materials, aerogel inserts, composite lightweight underbody shields and upper covers, and pultruded materials, serving multiple market segments including power batteries, energy storage batteries, and consumer electronics batteries.