The company was founded in August 2001 and is located in the core area of Wuhan Donghu New Technology Development Zone, a national high-tech development zone. In February 2011, the company was listed on the Shenzhen Stock Exchange GEM. From 2013 to 2017, it was the first A-share listed company in the electronic component distribution industry in China. From 2013 to 2017, it wholly acquired three outstanding companies in the same industry, Shenzhen Dingxin (domestic chip distribution and solution provider), Nanjing Feiteng (R&D, production and sales of power industry modules and terminal products), Wuhan Patai (Japanese high-end chip distribution), and in 2014 In 2019, it participated in Shanghai Yunhan Xincheng (the largest domestic e-commerce chip sales company) and Shanghai Mutual Aid (voice AI chip design and solution provider), respectively. The company's main business includes agency (technology) distribution of electronic components, self-development of chips, and R&D, production and sales of smart grid products. The company's main product business: development, design, development, promotion, sales and technical services of electronic components and related complete product solutions. Corporate honors: The company has won the “Top Ten Best Chinese Brand Distributors” award from the authoritative industry magazine “International E-Commerce” for many years. In 2019, it also won the “China Top 100 Enterprise Award” from the China Top 100 Listed Companies Summit Forum and the “Listed Company Transformation and Upgrading Practice Award” from the Financial Industry Listed Companies Innovation and Development Summit. In 2022, the ECAS “Vice Chairman Unit”, and the wholly-owned subsidiary Nanjing Feiteng was recognized as a “National High-tech High-tech Enterprise”.