The study of hidden attractors plays a very important role in the engineering applications of nonlinear dynamical systems. In this paper, a new three-dimensional (3D) chaotic system is proposed in which hidden attractors and self-excited attractors appear as the parameters change. Meanwhile, asymmetric coexisting attractors are also found as a result of the system symmetry. The complex dynamical behaviors of the proposed system were investigated using various tools, including time-series diagrams, Poincaré first return maps, bifurcation diagrams, and basins of attraction. Moreover, the unstable periodic orbits within a topological length of 3 in the hidden chaotic attractor were calculated systematically by the variational method, which required six letters to establish suitable symbolic dynamics. Furthermore, the practicality of the hidden attractor chaotic system was verified by circuit simulations. Finally, offset boosting control and adaptive synchronization were used to investigate the utility of the proposed chaotic system in engineering applications.