Shenzhen Clou Electronics Co., Ltd.

Company Profile

1. Strong R&D and technological innovation capabilities The company has been deeply involved in the power industry for nearly 30 years, relying on its profound industry accumulation and multiple participation in the formulation of national regulations and industry standards, and has a deep understanding of the new power system. The company not only grasps the core technologies such as IOT communication, advanced measurement, edge computing, power distribution control, but also can provide users with advanced measurement traceability, flexible intelligent verification, software management and other digital overall solutions. Its core competitiveness is mainly reflected in three fields: (1) High precision measurement field: continue to deepen the two core lines of intelligent detection technology and digital measurement technology, and build a complete technical chain that runs through the collection, analysis and application of measurement data. (2) In the field of intelligent measurement, we have a rich product matrix including new intelligent terminals, communication modules, intelligent meter boxes, intelligent switches, load branching devices, and flexible air conditioning control gateways. We focus on core scenarios such as virtual power plants, demand response, and electricity market transactions, providing stronger perception and control capabilities to meet the overall energy control needs of the low-voltage side under the new power system. The company's overseas smart meter products have passed multiple international cutting-edge standard certifications such as ALT life acceleration certification, G3-PLC communication certification, IDIS interconnection certification, etc., forming a certification qualification system covering KEMA, MID, DLMS, STS, SABS, G3-PLC, IDIS, etc. Relying on self-developed AMI systems and integrated electrical information collection solutions, the company is actively exploring overseas markets. (3) In the field of distribution automation, the core product matrix consists of primary and secondary fusion equipment, complete sets of switchgear, substation devices, and intelligent terminals. It has the ability to transform into an IoT system, integrate into a platform, and extend into a service-oriented system. It has built an intelligent equipment system that covers the entire chain of "perception decision-making execution" in the distribution network, providing customers with one-stop "equipment service" hosting services. The company is one of the earliest enterprises in China to enter the field of energy storage system integration, and has participated in the formulation of industry related technical standards multiple times. It has deep technical accumulation and rich project experience in the energy storage field, and has achieved comprehensive research and production of energy storage system control core units such as PCS, BMS, EMS, DC/DC (DC-DC converter), and O&MS, with the ability to provide full station solution services. The company's grid side business covers multiple major provinces for grid side energy storage, and its overseas market territory is gradually expanding. During the reporting period, the company released the ThermoFlux Active Ventilation Explosion proof System White Paper, which was based on the performance of AquaC2.5 series products that passed large-scale fire testing and obtained CSA/ASNIC-800 certification under the witness of the Canadian Standards Association (CSA) certification (this series of products achieved zero spread of thermal runaway across boxes during testing), and elaborated on the company's safety design system in station level fire protection. During the reporting period, the company invested 186.9301 million yuan in research and development, accounting for 7.26% of its operating revenue. In the first half of 2025, the company (including its holding subsidiaries) applied for a total of 101 patents and obtained 75 patents; As of June 30, 2025, a total of 2350 patents have been applied for and 1579 patents have been obtained. 2. Brand advantage The company is a "National High tech Enterprise", "National Technology Innovation Demonstration Enterprise", "Shenzhen Famous Brand", "International Reputation Brand", "National 863 Program Project Undertaking Unit", "National Torch Program Project Undertaking Unit", "Key Software Enterprise within National Planning Layout", and "National Green Factory". In 2025, the company will continue to be listed on the Bloomberg New Energy Finance (BNEF) Tier 1 Tier 1 Energy Storage Vendor List with its technological innovation, market influence, and project delivery capabilities. The company's microgrid system solution will be awarded the "New Energy" demonstration case in the new quality productivity industry practice. 3. Industrial chain and service advantages The company has been deeply involved in the power industry for many years and has accumulated rich industry experience. It can quickly respond to customers' different needs and provide high-quality solutions for them. The company's products have covered all aspects of power energy generation, distribution, utilization, and storage, providing products and services for power customers to achieve coordinated control of source grid load storage, and offering complete AMI and intelligent distribution network system solutions. The company's energy storage station integration full lifecycle service covers the entire value chain system of energy storage systems, from product selection, capacity configuration, station level planning and design to whole station installation and operation, full stack data monitoring and optimization, and after-sales service, providing customers with one-stop services. 4. Shareholder advantage The controlling shareholder of the company, Midea Group, has strong capabilities and can empower the company in various aspects such as research and development, manufacturing, supply chain, channels, and branding. By sharing Midea Group's global supply chain resources and channel management model, the company has effectively optimized procurement costs and shortened product delivery cycles. During the reporting period, the company's industrial and commercial storage products launched a dual brand strategy of "Midea+Kelu", relying on Midea's deep empowerment in manufacturing, research and development, and channels, combined with its nearly 30 years of deep accumulation in the power field, to build a new paradigm of "strong delivery, high stability, and full cycle service".