The company's predecessor was the Central Electrical Equipment Factory of the National Government Resources Commission, founded in 1936, and was included in 156 national key construction projects during the “First Five-Year Plan” period. In 1999, the company concentrated some excellent assets in its main business and went public in July 2002, becoming the first listed company in Hunan Province to pass the approval system and the first listed company in Xiangtan City. The company is engaged in the design, production and sale of generators, AC/DC motors, special motors, marine propulsion systems, electrical control equipment, mechatronic systems, transformers, wind turbines; develops and develops subway vehicle traction systems and hybrid vehicle drive systems; and carries out technology development and general engineering contracting for new energy projects and energy saving and environmental protection projects. Main products: mechatronic products, high-performance electric power equipment, motor products, electronic control products, etc. Corporate honors: “National May Fourth Red Flag League Committee” in May 2018; “Top Ten Leading Enterprises in Science and Technology Innovation” in Xiangtan City in January 2018; “National May 4th Red Flag League Committee” in May 2018; “Top Ten Leading Scientific and Technological Innovation Enterprises” in Xiangtan City in January 2018; “Most Innovative Listed Company” in December 2016; Advanced Unit for Military Industry Capacity Building in December 2012. The company was awarded the honors of “Industrial Product Green Design Demonstration Enterprise” by the Ministry of Industry and Information Technology and the “Hunan Manufacturing Industry Single Champion Product (High Voltage Motor)” by the Hunan Provincial Department of Industry and Information Technology. The company won honors such as the 2023 Hunan Manufacturing Quality Benchmark and the “2023 National Machinery Industry Excellent Quality Management Group Activity Achievement Award”.