Huali Technology is a start-up enterprise of Huali Group, formerly known as Yuhang Instrument Factory, founded on September 28, 1970. Since producing the first batch of 10 DD16 single-phase energy meters in 1971, after 49 years of continuous development, it has become a diversified private enterprise group composed of pharmaceutical, smart grid, new materials, new energy, international trade and other industrial group companies with Huali Group Co., Ltd. as its parent company. It focuses on enterprise operation incubation, industrial investment, and integrated operation. Huali Group has total assets of 20 billion yuan and achieved revenue of over 27.5 billion yuan in 2019, ranking among the top 500 private enterprises in China. Huali Technology is currently a core business company under Huali Group, dedicated to power metering, intelligent instrumentation, distribution automation, community microgrids (including photovoltaics and energy storage), smart energy management, and intelligent manufacturing industries. Headquartered at 181 Wuchang Avenue, Wuchang Street, Yuhang District, Hangzhou City, with a registered capital of 326.9 million yuan and total assets of 2.65 billion yuan, the company achieved a revenue of nearly 2.3 billion yuan in 2019, including over 100 million yuan in research and development investment. Its comprehensive research and development technology level is leading in the industry. In response to the strategic goal of "Big Health Industrial Ecosphere" determined by Holley Group, Holley Technology will strive to build a smart energy management and application industrial ecosystem with energy management as the core, Internet of Things technology as the pillar, and Internet technology as the platform. By implementing the corporate philosophy of "protecting green homes, sharing healthy lives", Holley Technology will strive to complete its corporate mission. The company has established a technology park in Wuchang, Hangzhou, which has advanced product manufacturing systems, independently developed production and testing equipment, internationally recognized CNAS laboratories, and effectively operates ten management systems including quality, measurement, environment, occupational health and safety, and information security, providing strong guarantees for product quality stability, energy conservation and consumption reduction, employee care, environmental protection, etc. At the same time, the company has been continuously promoting the implementation of intelligent manufacturing and "machine replacement" projects for many years. The "New Model of Intelligent Manufacturing for Power Equipment Smart Instruments" has been highly recognized by the Ministry of Industry and Information Technology and included in the first batch of intelligent manufacturing special projects in China in 2015. The implementation of the new model of intelligent manufacturing for power equipment smart instruments will greatly improve the product quality, manufacturing efficiency, financial benefits, environmental protection capabilities, etc. in the field of intelligent instrument manufacturing. It will also provide a good demonstration effect for the upgrading of China's intelligent manufacturing industry and drive the rapid development and improvement of the manufacturing capacity of the entire industry. In order to adapt to the strategic development needs of future intelligent manufacturing, the company introduced Siemens for overall planning, and spent three years designing and constructing the Huali Technology Chengqingshan Lake Intelligent Manufacturing Base. The base covers an area of 145 acres, with a first phase investment of 500 million yuan. After production, the annual output value will reach 5 billion yuan. The main features are: fully automated logistics system, moderate process automation, and highly integrated information system. The base has completed the first phase of construction in accordance with the high standards of national intelligent manufacturing, and its manufacturing level is leading in the domestic discrete electronic product industry, with a strong leading and demonstrative role. The company will continue to promote the construction of intelligent manufacturing projects according to the plan, striving to achieve full intelligence level by 2022. The company has a technology research and development team of over 500 people, and has established a national enterprise technology center, a provincial-level key enterprise research institute, a postdoctoral workstation, and cooperates with Tsinghua University, Zhejiang University, and the Chinese Academy of Sciences in industry university research cooperation. Through continuous development and innovation, we provide industry-leading smart grid system integration solutions to our customers. The company has applied for 877 intellectual property rights, including 2 international invention patents and 272 national invention patents. It has led or participated in the revision of more than 110 national and industry standards, and has published and signed 52 national and industry standards. It has been recognized as a high-tech enterprise, a key high-tech enterprise in the National Torch Plan, a national technology innovation demonstration enterprise, a Chinese export quality and safety demonstration enterprise, a national intellectual property demonstration enterprise, a Zhejiang Province patent demonstration enterprise, and a Zhejiang Province innovation pilot enterprise. With excellent products, a professional marketing and sales team, a comprehensive service system, and overseas production bases established in Thailand, Uzbekistan, and other places, the company's various business indicators have firmly ranked first among peers in the country. After several years of development and efforts, the company has gradually established a modern enterprise management system, established and improved an efficient internal operation mechanism and scientific decision-making execution mechanism based on incentives and competition, and the comprehensive management of the enterprise has entered a high-speed development track of comprehensive standardization and benign development. The company has passed ISO9001 Quality Management System Certification, ISO14001 Environmental Management System Certification, OHSAS18001 Occupational Health and Safety Management System Certification, ISO10012 Measurement Management System Certification, ISO/IEC7025 Laboratory Management System Certification, ISO/IEC27001 Information Security Management System Certification, and ISO22301 Business Continuity Management System Certification. The company has successfully introduced internationally advanced information technology methods, including SAP-ERP system, Siemens' MES and PLM systems, and Okamura's WMS system, to align enterprise management with international standards. While committed to economic development, the company carries out a variety of cultural activities, including organizing photography, volunteer, cultural and outdoor clubs; Proactively fulfilling social responsibilities, carrying out public welfare support, organizing employee donations and voluntary blood donation activities, Huali Technology has donated over 10 million yuan in donations and goods over the years, and has won honors such as the Most Respected Enterprise in Zhejiang Province and the Advanced Enterprise in Social Responsibility Construction in Hangzhou City. The pursuit of "hundred year Huali" has been the goal of Huali people throughout history, and generation after generation of Huali people have been striving for it. With this focus and the company's continuous innovation and investment, we believe that we can firmly grasp the general trend of "Made in China 2025", and finally achieve Phoenix nirvana. We will build the company into a high-tech compound enterprise with more international competitiveness, Internet thinking, focusing on intelligent overall solutions for energy management, and diversified profit models. At the same time, we will do our part for the better future of society.