The company was founded in January 2005 in Shenzhen, China. It is a national high-tech enterprise with collaborative development of the new energy vehicle industry, hydrogen energy and fuel cells, and high-end equipment manufacturing as the three core business segments. It is the main undertaker of the Ministry of Science and Technology's 863 project and the National Development and Reform Commission's strategic emerging industry project. The company is mainly engaged in new energy vehicle business, hydrogen energy and fuel cell business, and high-end equipment manufacturing business. The core products of the NEV business are automotive components, the core products of the hydrogen energy and fuel cell business are mainly high-power DC/DC converter products, and the core products of the high-end equipment manufacturing industry are ground equipment. Company honors include: National High-tech Enterprise, Shenzhen High-tech Enterprise, Shenzhen High-voltage Electronic Control System Integrated Engineering Research Center for New Energy Vehicles, etc.