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.