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The Liaoning Watch Factory (now Liaoning Peacock Watch Company, Ltd.), located in Dandong City, Liaoning Province, is one of China’s biggest watch movement manufacturers with over 50 years experience.

in 1966 the ‘Hongqi’ (Red Flag) was born with the SL2¬†movement built on imported Swiss tooling. The SL2 was upgraded to 21,600bph in the late 1960s. These earlier HongQi watches enjoyed an excellent reputation and continue to be sought after by collectors.

In the 1970s, the Liaoning Watch Factory commenced production of a new watch series based on the Chinese Standard Movement, designated SL3 and branded Hongqi.