Introduction of Huayi Electric Company

It mainly produces complete sets of switchgear of 252kV and below, distribution automation switchgear and terminal equipment, high-voltage switchgear and wind power generation equipment. Products won the title of "National Inspection-free Products" and "Zhejiang Famous Brand Products". Among them, the outdoor high-voltage vacuum circuit breaker was determined by the former Ministry of Electric Power as a national key promotion new product, with a market share of more than 25%, and its production and sales volume ranked first in the country for seven consecutive years.

On February 1 2007, Huayi Electric's main board went public, becoming the first listed company in Yueqing and Wenzhou, with a total share capital of 526,883,658.

In September, 2007, Huayi "HEAG" trademark was awarded as "China Well-known Trademark" by the State Administration for Industry and Commerce, and won the first China Well-known Trademark in the high-voltage electrical appliance industry. Huayi Electric adheres to the road of high-tech development and is committed to the development and utilization of new energy. After years of efforts, we have developed 780KW wind turbines with independent intellectual property rights, which are sold to wind farms in Inner Mongolia, Shandong, Zhejiang and Northeast China, and also exported to countries such as Chile, achieving a breakthrough in the export of high-power wind turbines in China. On this basis, Huayi introduced 1.5MW fan technology from Germany Elodie Company, built a fan R&D center and production base, developed 1.5MW, 2.0MW and 3.0MW fans, and started the industrialization of fans.

Huayi Electric adheres to scientific and modern management, demands itself with institutionalization, standardization and internationalization, and improves the enterprise system and corporate governance structure according to the clear requirements of securities management institutions, and establishes a standardized enterprise organization system and corporate governance structure. The company has always been "relying on science and technology, quality assurance and market orientation", constantly strengthening scientific and technological innovation, and has established long-term close cooperative relations with Toshiba, Nisshin Co., Ltd., Zhejiang University, Gaoxiyuan and other power departments, and established a master workstation in Tsinghua University, a group company, and continuously improved the scientific research level and technology development capability through technical cooperation with scientific research units and universities; Improve product quality, establish the quality policy of "leading technology, quality first, continuous improvement and customer first", and have successively passed ISO900 1 international quality system certification and ISO 1400 1 environmental management system certification. Huayi Electric has a sound and perfect marketing network. The company implements the development strategy of "brand marketing and network marketing", which not only has more than 500 marketing agencies in major cities across the country, but also opens up sales channels in Bangladesh, Bulgaria, Albania, Iran, Ghana and other countries. Through perfect sales channels, the products sell well all over the country, and also enter the electrical appliance market in India, Japan, South Africa, Southeast Asia and other countries and regions. (According to the data of 20 10)