In 1996, Han's Laser was founded in Shenzhen by Gao Yunfeng who previously taught at the Nanjing University of Aeronautics and Astronautics.
[2][3] The location was chosen as it attracted a lot of young college graduates across the country that it could recruit for its research and development (R&D) unit.
[6] MSCI which had previously included the company in its China All Shares Index removed it on 11 March citing potential investability issue for investors.
[7] In May 2023, it was reported that Han's Laser had purchased 262 acres in Manor, Texas which was speculated to be a project to build a factory there that could grow to provide over 1,000 jobs in the area.
[8] In July 2019, Tiger Vision Financial Research released a report that questioned the authenticity of Han's Laser's European R&D center project in Switzerland.
In response, Han's Laser made a statement on East Money that stated the European R&D center was an independent project and that there were no misappropriation of funds.