The new energy industry has become a new driving force for Wanma Group’s development. Its subsidiaries engaged in this industry mainly include Zhejiang Hizhen Electronics Technology Co., Ltd. and Zhejiang Wanma New Energy Co., Ltd., which are committed to the development of new energy and energy management.

 Zhejiang Haizhen Electronics Technology Co., Ltd. which was founded in 2003, is a key high-tech enterprise supported by the government. With the registered capital of 53 million yuan, the company is located at the 1500-acres Wanma Photovoltaic Industrial Park in Wuxing district of Huzhou city.

 The company’s first phase project covers an area of 234 acres, with workshop area at about 160,000 square meters. To achieve its goal of becoming an expert in energy management, the company carries out technical cooperation with well-known domestic universities, such as Zhejiang University, Shanghai University, Hangzhou University of Electronic Science and Technology. It focuses on providing customers with intelligent LED lighting system as well as solutions for driven power source and electronic inverter system. The company obtains five registration certificates for computer software copyright and 30 patents, including two patents for innovation.

 Zhejiang Wanma New Energy Co., Ltd. is a high-tech enterprise, with the registered capital at 50 million yuan. The company has a technical team which has considerable experience in the industry and in successful project development. The team has established long-term research and technological cooperation with many universities, such as Zhejiang University and Xi'an Jiaotong University. In this way, the company is able to take sustained innovation as its core competitiveness.

 Zhejiang Wanma New Energy Co., Ltd. set foot in the development of equipment for electric vehicle charging stations earlier than most of its rivals, and it has successfully developed floor-to-AC charging, wall-mounted AC charging, integrated DC charger, split DC charger as well as charging station monitoring and management system. The company has a number of patents and software copyrights and has become a mainstream charging equipment provider for the domestic power companies and electric vehicle manufacturing enterprises.

 The company has R & D capability, intellectual property rights and scale production capacity for harmonic control equipment, reactive power compensation equipment and other equipment to ensure power quality. Its low-voltage power quality control products mainly include WMAPF, WMTSC, WMTSF and WMRPC etc. It is able to provide customized products and win trust of customs by its stable product quality.

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