About WASION HOLDINGS Company

Wasion Holdings Limited ("Wasion Holdings" or "the Group") is China's leading supplier of integrated solutions for smart metering, smart power distribution and energy efficiency management. The Group's mission is to become an "energy metering and energy efficiency management expert" in China and even the world. The Group was listed on the main board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in December 2005. It is the first energy metering and energy efficiency management professional group in China to be listed overseas, and the first company in Hunan Province to be listed on the main board overseas. Wasion Holdings has been focusing on the research and development, production and sales of overall energy metering and energy efficiency management solutions. Its products and services are widely used in energy supply industries such as electricity, water, gas, and heat, as well as large-scale public construction, petroleum and petrochemical, transportation, and 5G communications., machinery manufacturing, metallurgy, and chemical industry. The Group's advanced intelligent metering business mainly includes: a full range of smart electric energy meters, smart water meters, smart gas meters, and ultrasonic heat meters; various power distribution instruments and power quality monitoring equipment; a full range of energy data collection terminals, load management terminals, and user management devices; metering automation systems and various application systems and services, and energy data mining. The Group's domestic market share in high-end metering products exceeds 20%, ranking the country's leading market. The Group is the only professional manufacturer in China that can simultaneously provide various advanced energy metering products, systems and services for electricity, water, gas and heat, and cover the entire process of energy production, transmission and distribution to the consumer end. The products and solutions of the Group's intelligent power distribution and energy efficiency management business cover new energy storage system solutions for all scenarios such as large-scale energy storage, industrial and commercial energy storage, integrated household light storage, and mobile energy storage, complete sets of high and low voltage equipment, primary and secondary integration complete sets of equipment, intelligent low-voltage components, tower energy and communication products and services, EMS system applications, hydrogen production, new energy access, industrial automation, power replacement and standby, power sales and demand-side management, etc. The Group is committed to becoming the leading domestic supplier of overall solutions for intelligent power distribution and distribution systems. In January 2020, the Group's "Communications and Fluid AMI" business, namely Wasion Information Technology Co., Ltd.(stock code:688100), a 58.56%-owned subsidiary of the Group, was approved by China Securities Regulatory Commission and became the first Hunan Province company to be listed on the Science and Technology Innovation Board, and was selected into the "Science and Technology Innovation 50 Index" in August 2020. The Communications and Fluid AMI business mainly focuses on reshaping energy management methods such as electricity, water, gas, and heat using IoT technology, providing full-level integrated solutions for energy IoT from data sensing, network transmission to application management. It has the ability to provide users with the ability to chip design, data sensing and data acquisition, to communication technologies that ensure high-speed data transmission and stable connection, as well as providing users with digital solutions such as software management. The goals of "carbon neutrality" and "carbon peaking" are driving tremendous changes in energy production and consumption models in China and even the world. Facing the huge social responsibility and development opportunities of energy conservation and emission reduction, and facing the major needs of smart grids to the energy Internet, Wasion Holdings will always keep in mind the corporate mission of "energy metering and energy efficiency management expert", adhere to the core values of "sincerity, excellence, coexistence of justice and benefit", continue to innovate and never stop. Strive to build Wasion into a leading enterprise in the field of smart grids and smart metering in China, become one of the major suppliers in the field of international smart grids and smart metering, and build the Wasion brand into a world famous brand regardless of national boundaries. In the future, every city, every company, and every family will benefit from using Wasion's technology, products and services.