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Hiconics and Midea
Beijing Hiconics New Energy Technology Co., Ltd. is an independent listed company under Midea Group, engaged in new energy and industrial control businesses. Founded in 2003, it was listed on the Shenzhen Stock Exchange in 2010 with the stock code "300048".

Hiconics New Energy focuses on three main business lines: green energy solutions, household energy storage and photovoltaic inverters, and high-voltage variable frequency drives (VFDs) converters. Over the years, it has continuously promoted independent innovation and is committed to becoming a global leading product provider in the fields of new energy and energy - saving industrial control. In 2020, Midea Group became the controlling shareholder of Hicon New Energy, further improving the company's internal management level and assisting in carrying out in - depth coordination and empowerment of industrial resources.