The company was founded in 2005 by Wang Yiming, a talent from the National Talent Attraction Program. The company is based in the new energy industry. It is a high-tech enterprise specializing in R&D, production, sales and service of string inverters for the core equipment of photovoltaic power generation systems, and is the third largest inverter manufacturer in the world. The company was successfully listed on the Shenzhen Stock Exchange on March 19, 2019. It is the first A-share listed company with string inverters as its main business, and the first inverter company in the world to receive a reliability test report from PVEL, a third-party authority. The company is mainly engaged in R&D, production, sales and service of string inverters. The company's main products are string inverters. In 2015, it won the top three string inverter brand value in the Chinese photovoltaic brand ranking. In 2016, it won the top five global single-phase string inverters of the year, the China PV Brand Best Distributed Brand Award, and in 2018 it won the title of “World's Top PV Inverter Brand” by EuPD for 4 consecutive years. The company and its products have received many honors and awards, including the National Manufacturing Industry Single Champion Demonstration Enterprise, the 2021 National Technological Innovation Demonstration Enterprise, the National Intelligent Photovoltaic Pilot Demonstration Project, the 2023 Zhejiang Future Factory Pilot Enterprise, and the Zhejiang High-efficiency and Reliable Optical Storage Inverter Key Enterprise Research Institute.
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