Shanghai Yingtong Electric and HKUST Intelligent are both electrical automation companies in China, and there is no official cooperation, relationship or capital exchange between them. However, the business areas of the two companies overlap, and both companies focus on industrial automation. Their products are also complementary. For example, Shanghai Yingtong Electric mainly provides medium and low voltage electrical control equipment and solutions, while HKUST Intelligent pays more attention to industrial automation software, system integration and intelligent manufacturing.
It is worth noting that due to the competition in China industrial automation market and the upgrading of the Internet, many enterprises are now expanding their business scope, strengthening industrial chain cooperation, and opening up to win-win spirit to cope with market changes and challenges. Therefore, in the future, Shanghai Yingtong Electric and HKUST Intelligent may have more cooperation and exchange opportunities to provide customers with more comprehensive, professional and efficient automation solutions.