Hebei Shiyue Electrical Equipment Co., Ltd.

Hebei Shiyue Electrical Equipment Co., Ltd. was founded in 1996 and is located in Yueqing, Wenzhou – renowned as the "Capital of Electrical Appliances in China". The company has a registered capital of RMB 118 million. It boasts modern standard workshops covering an area of 29,300 square meters, with a building area of approximately 28,800 square meters. The company has a dedicated workforce of 291 employees, including 48 management personnel (among whom 3 hold senior professional titles), 57 design and R&D personnel (including 1 with a senior title and 17 with intermediate titles), and 186 skilled technical workers. Over 10% of the staff hold a bachelor's degree or above. The company maintains a sound financial position, with sales revenue exceeding RMB 300 million in 2019. It has been consecutively honored with "Enterprise Tax Credit Rating (Grade A)" and "Credit Rating AAA" for many years.

Guided by the development strategy of "building a technology-oriented, innovative, export-oriented, and diversified powerhouse", and relying on its core technologies with independent intellectual property rights, the company focuses on pioneering in the high and low voltage electrical manufacturing sector. Its leading products cover (intelligent) high-voltage vacuum circuit breakers, user-boundary vacuum load switches, disconnectors, fuses, intelligent high and low voltage prepaid power terminals, intelligent power distribution terminals, (prepaid) high-voltage power metering boxes, instrument transformers, surge arresters, composite insulators, high and low voltage complete switchgear, building electricals, and more. These products are widely used in power grids, power plants, substations, petrochemicals, metallurgy, coal mining, railways, transportation, communications, and urban infrastructure. As a system service provider for State Grid and China Southern Power Grid, the company has undertaken and completed a large number of major domestic projects, contributing to China's global leadership in smart grid technology.

Adhering to the business philosophy of "establishing the company through quality, revitalizing it through technology, marketing through brands, and achieving harmonious development", the company continuously increases R&D investment and comprehensively promotes product technology transformation and upgrading. It has established extensive cooperative relations with well-known domestic universities and research institutions such as China Agricultural University and China Jiliang University, achieving numerous pioneering scientific research results. The company has been honored with titles including "National Top Ten Famous Brands of High-Voltage Electrical Appliances", "National Quality Inspection Qualified and Reliable Products", "National CCC Certification Trustworthy Quality Products", and "Third Prize of the 2014 Provincial Excellent New Product Award in the Transmission and Distribution Equipment Industry". It has been recognized as a National High-Tech Enterprise, a China Quality, Service, and Reputation AAA Enterprise, a National Work Safety Standardization Level-3 Enterprise, an Excellent Unit of Zhejiang Province for Emphasizing Quality and Integrity, a Wenzhou Municipal Enterprise Technology R&D Center, and a Yueqing Star Enterprise. The company holds ISO9001 Quality Management System, ISO14001 Environmental Management System, and OHSAS 18001 Occupational Health and Safety Management System certifications. Its products have obtained national "CCC Certification" and "CQC Certification", and the company has newly been granted 2 invention patents, 4 design patents, and 45 utility model patents.

Looking to the future, in the face of opportunities and challenges brought by the national "Belt and Road" initiative, adhering to the corporate spirit of "integrity, innovation, responsibility, and excellence", and shouldering the corporate mission of "creating opportunities for employees, creating value for customers, and creating wealth for society", the company will continue to emancipate its mind, deepen corporate reform, accelerate transformation and upgrading, and be guided by the Scientific Outlook on Development. It strives to contribute to the construction of smarter power grids in China and around the world.