Ningbo Sanxing Electrical (601567.SH) as an integrated solution supplier of smart power distribution and consumption, covers by smart meters, transformers, box-type substations, switchgears, charging piles, etc. It has manufacturing bases in Ningbo, Braizil and Indonesia, and also two R&Ds in Ningbo and Hangzhou. It has mature marketing channel and strategic cooperation projects in more than 50 countries and regions. In the future, Sanxing Electric will deepen the smart grid industrial chain, focus on smart power consumption and power distribution, speed up industrial upgrading and expansion, and devote to be an excellent partner for global power customers in the integrated value chain.