Hebei Newway Electronic Technology Co., Ltd. (referred to as Hebei Newway) was established on February 27, 2014. Located at No. 806 Hongqi Street, Luquan District, Shijiazhuang, Hebei Province, the company has a registered capital of RMB 155 million. It is recognized as a Hebei Province technology-based SME, National High-Tech Enterprise, Specialized and Innovative SME, and Gazelle Enterprise.

Since its establishment, the company has been market-oriented and technology-driven, committed to innovation in power electronics technology and products. Its business covers eight major areas: intelligent integrated power supply systems, intelligent auxiliary control systems, prefabricated substations, high- and low-voltage complete switchgear, power system commissioning and testing, charging piles, energy-storage systems, and EPC contracting for power equipment. The company's products are widely used in the State Grid, photovoltaic power generation, wind power generation, hydropower, thermal power, biomass power generation, communications, petrochemicals, copper, iron and steel, cement and many other fields. Its sales network covers all provinces in China, and its end products are exported overseas.

The company has accumulated strong R&D and technical capabilities, with a high-caliber, experienced and professional R&D team. It has also established an intellectual property system centered on dozens of invention patents, software copyrights and product certifications. At the same time, the company actively contributes industry expertise and has deeply participated in the preparation of multiple industry standards and group standards, demonstrating its voice and influence in the field of technical specifications.