Wasion Energy Technology established in September 2013, focusing on the fields of new energy and intelligent distribution. Our industrial base is located in the Xiangtan National Economic and Technological Development Zone, covering an area of nearly 400 acres. The intelligent manufacturing facilities and laboratories under construction occupies with a total area exceeding 100,000 square meters. Additionally, we have established technology research and development centers in Shenzhen, Zhuhai, Changsha, and other locations.
The company focuses on the transformation of energy towards sustainability in the global context, emphasizing cleaning, digitization, and intelligence. We provide core equipment, solutions, and comprehensive energy services for utility companies, power generation enterprises, the telecommunications industry, and various industrial and commercial customers, meeting the requirements of applications such as new energy, energy storage, and intelligent distribution.
The company has maintained a continuous industry-university-research cooperation system with Huazhong University of Science and Technology, Central South University, Hunan University, Xiangtan University, Changsha University of Science and Technology, as well as State Grid Corporation and Southern Power Grid. Additionally, we are core strategic partners of Siemens, Schneider Electric, and ABB. Every year, the company allocates no less than 8% of its operating income to technological development and innovation. Our research and development support system personnel account for over 35%, and we currently hold more than 850 intellectual properties (patents, copyrights), and have participated in over 20 national and international related technical standards.
The company owns various innovation platforms including a nationally recognized enterprise technology center, a national-local joint engineering research center, provincial-level engineering technology research centers, a provincial industrial design center, and two provincial-level enterprise technology centers. We are recognized as a National High-Tech Enterprise, National Green Factory, National Intellectual Property Demonstration Enterprise, National Intelligent Photovoltaic Demonstration Enterprise, National Ministry of Industry and Information Technology's 2023 Industrial Internet Pilot Demonstration Enterprise, National Demonstration Unit for Industrial Sector Power Demand-Side Management, National High-Tech Enterprise, National Service-Oriented Manufacturing Demonstration Enterprise, and AAA-level enterprise by the China Electricity Council.
The company has been honored with several accolades including being listed among the top 100 high-tech enterprises in Hunan Province for comprehensive innovation capabilities, designated as a smart manufacturing demonstration enterprise in Hunan Province, recognized as an industrial quality benchmark enterprise in Hunan Province, identified as a model enterprise for two-oriented society development in Hunan Province, awarded the Hunan Provincial Science and Technology Progress Award, and appointed as a director unit of the Hunan Provincial Joint Research Center for the Development of New Power Systems, among others.
Adhering to our original aspiration and mission of "striving to become an expert in intelligent electrical and smart energy efficiency services," the company is determined to innovate and forge ahead. In the face of opportunities and challenges brought about by the accelerated construction of a new energy system worldwide and the promotion of green and low-carbon transformation of the economy and society, we strive to provide customers globally with products and services that are safer, more efficient, professional, and intelligent.