The company was founded in 1998 and listed on the Shenzhen Stock Exchange in July 2010 (stock code: 002452). It is a high-tech enterprise with “electricity” as its core business. It is divided into two business segments: power transmission and transformation equipment manufacturing, power design and engineering. It has 3 production bases including Wangcheng Industrial Park, Ningxiang Jinzhou Industrial Park, and Hengyang Baishazhou Industrial Park, as well as a power design institute with grade A qualification for power engineering design - Hubei Huawang Electric Power Engineering Co., Ltd. The company's main business includes R&D, production and sales of primary and secondary power transmission and transformation equipment, power design and engineering services, and new energy power development. It mainly provides primary and secondary products for power equipment such as high-voltage isolators (DS), integrated electrical appliances (GIS), circuit breakers (CB), complete switch cabinets, ring network cabinets, column circuit breakers, power distribution automation terminals, etc., as well as providing customers with services such as power engineering design and EPC turnkey packages. The company's business and products focus on transmission and transformation equipment and new energy storage related industries. The company was rated as a national technological innovation demonstration enterprise by the Ministry of Industry and Information Technology; the company's isolation switch products were rated as individual champion products in the national manufacturing industry, and received honors such as the Grand Prize of the National Science and Technology Progress Award and the Grand Prize of the China Machinery Industry Science and Technology Award.
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