What Sunrise does

Sunrise is a dual-entity Chinese technology group operating across two distinct verticals. The legacy business, Hangzhou Sunrise Technology Co., Ltd., founded in 2001 and listed on the Shenzhen GEM board, is a Top 3 electricity meter supplier in China with 1,000+ employees including 240 engineers and cumulative production exceeding 20 million energy meters. The company manufactures electronic energy meters (single-phase, three-phase, prepayment, ANSI, and digital multifunctional variants), a full line of smart water meters (no-magnetism, optical direct-read, electronic remote, electromagnetic, ultrasonic, and IoT types), EV charging infrastructure (DC and AC piles), and AMI solutions including data concentrators and multi-protocol communication modules (2G/3G/4G/5G, PLC, NB-IoT, LoRa, Wi-SUN). Certifications span ISO 9001, ISO 14001, ISO 27001, KEMA, MID, DLMS, STS, and CCC, and exports reach Europe, Africa, Southeast Asia, South America, and the Middle East with a dedicated Peru subsidiary.

A separately branded "Sunrise" entity, spun out from SenseTime's large-chip division in 2020 and headquartered in Shanghai, operates as an independent AI inference GPU company. It has developed the Qiwang S3 inference chip, claiming a 90% reduction in per-token inference cost, and has secured licensing and design partnerships with Sony and Xiaomi. This subsidiary has raised approximately $716M cumulatively across rounds dated June 2025 ($139.6M), January 2026 ($430.2M with 24 investors including Hangzhou Data Group, 4Paradigm, and IDG Capital), and April 2026 ($146.7M), reaching unicorn status.

The group revenue model combines unit sales of metering hardware and AMI infrastructure to utility customers (predominantly regulated tenders in China and emerging markets) with, increasingly, chip licensing and design revenues from consumer electronics OEMs in the AI hardware segment. Leadership across the group includes Yang Guang as CEO of Sunrise Group, Ding Minhua as Chairman of Sunrise Technology, and Hong Jun as Chairman of the Sunrise Group and Secretary of the general Party branch.

Name

Sunrise

Legal name

Hangzhou Sunrise Technology Co., Ltd.

Website

http://www.sunhopesmart.com/

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sunrise operates a top-3 Chinese smart metering business (energy, water, AMI, EV charging) and a Shanghai-based AI inference GPU subsidiary spun out of SenseTime, licensing chips to OEMs including Sony and Xiaomi.

Ownership category

akta.pro rank

Product category

Smart Utility Metering Equipment

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Totalizing Fluid Meter and Counting Device Manufacturing (334514), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Electric Power Generation, Transmission and Distribution (2211), Electrical Equipment, Appliance, and Component Manufacturing (335)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Totalizing Fluid Meters & Counting Devices (3824), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Advanced Metering Infrastructure (AMI) & Smart Metering (EUADAPAB)

akta.pro secondary industries

AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA), Meter Installation, Exchange & Field Services (EUADAFAF), Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF), Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA), Smart Energy Management (Meters, EV Chargers, Solar/Battery Monitors) Retail (CRACAGAI)

Keywords

• Smart energy meters
• Smart water meters
• EV charging stations
• AMI solutions
• Utility metering infrastructure

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Energy Meters & Smart Meters: Manufactures and sells electronic energy meters, intelligent energy meters, STS smart prepaid energy meters, heat/cold water meters, concentrators, MV&LV distribution terminals. Revenue from product sales directly to utilities and end users.
2. AI Inference GPU Chips: Sells inference GPU chips to enterprise clients. Three chip generations developed with clients including Sony and Xiaomi already licensed. Proceeds fund R&D and mass production scaling.
3. Smart Charging Operations Solutions: Provides comprehensive EV charging solutions including hardware, operation monitoring platform, installation, and technical services for residential, commercial, and public charging scenarios.
4. AMI Solutions: Provides complete Advanced Metering Infrastructure solutions including equipment, communication systems, data collection, and analysis from energy meters through concentrators to master station systems.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Sunrise manufactures and sells smart electronic energy meters (single-phase, three-phase, prepayment, and ANSI-series), smart water meters (no-magnetism, optical direct read, electromagnetic, ultrasonic, and NB-IoT), and EV charging piles (DC and AC) for residential, commercial, and industrial applications. The company also provides complete AMI (Advanced Metering Infrastructure) solutions and vertical solutions for Smart Charging Operations and Smart Water Meter management, targeting utilities, power providers, and end-user clients globally.

Product overview

Hangzhou Sunrise Technology Co., Ltd. is a smart meter and energy IoT solutions provider offering a comprehensive product portfolio across three core categories: electronic energy meters (including single-phase meters ST12F01/ST12M02, three-phase meters ST34F01/ST34M02/ST34G05, prepayment meters ST12-KP01/ST12-SP01/ST12-DR01/ST34-SP01, ANSI series meters ST34x/MK6x, and digital multifunctional meters DDZU8001/DTZU8003), smart water meters (no magnetism, optical direct read, electronic remote, electromagnetic, ultrasonic, and IoT water meters), and EV charging solutions (JH8000Z all-in-one DC charging piles, JH8000Z split charging piles, JH8000J AC charging piles including plastic shell variants and three-phase AC options, plus DJSF1296 DC energy meters and 2-PD800 smart meters). The product line is supported by communication modules (ST-M12 2G through ST-M15 5G, ST-M21 PLC, ST-M31 NB-IoT, ST-M32 LoRa, ST-M33 Wi-SUN) and the STDC01 Data Concentrator, all integrated through the AMI (Advanced Metering Infrastructure) solution platform. The company also provides vertical solutions for smart charging operations and smart water meter management, serving global markets since 2001 with a capacity exceeding 20 million meters annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronic Energy Meters Comprehensive family of electronic energy meters including single-phase smart meters (ST12F01, ST12M02), three-phase meters (ST34F01, ST34M02, ST34G05 multi-function), ANSI series circular meters (ST34x, MK6x), digital multifunctional meters (DDZU8001, DTZU8003), and prepayment keypad/split/DIN-rail/three-phase variants (ST12-KP01, ST12-SP01, ST12-DR01, ST34-SP01). Supporting DLMS/COSEM, IDIS, STS, ANSI C12.20, IEC 62056-21, and DL/T645-2007 protocols with multi-tariff, remote firmware update, GPRS/PLC/RF/NB-IoT/LoRa communication options. Used by power utilities, electricity distribution companies, and end-user clients for residential, commercial, and industrial electricity measurement.
• Smart Water Meters Portfolio of smart water meters including No-Magnetism water meter (LC Oscillation principle with anti-magnetic function and isolated sensor), Optical Direct Read smart water meter (correlation direct read technology), Electronic Remote water meter (LORA spread spectrum, 8+ year battery life), Electromagnetic Flow meter (Faraday's law, conductivity >5us/cm), Ultrasonic Water Meter (time difference detection, R400 range, Level 1 accuracy), and Electronic IoT Water Meter (NB-IoT communication, dual battery design). Output options include M-Bus, LoRa, NB-IoT, MODBUS-RTU, and GPRS. Used by water utilities, municipal water management, residential complexes, and industrial sites.
• EV Charging Piles EV charging equipment family including JH8000Z All-in-One DC Charging Piles (forced air-cooled, GB/T standards, CAN communication with BMS, RS485 metering), JH8000Z Split Charging Piles (dynamic power distribution, up to 240kW output, 8 charging terminals with up to 250A each), JH8000J AC Charging Pile Series (integrated charging control, security protection, metering billing, CAN/RS485/Ethernet/WiFi/GPRS), Plastic Shell AC Charging Pile (improved aesthetics), JH8000J-38063CT Three-Phase AC Charging Pile (faster three-phase charging), DJSF1296 Electronic Multi-rate DC Energy Meter (700V/300A, GB/T33708-2017), and 2-PD800 DC Tariff-Control Smart Meter. Used by residential developments, commercial complexes, industrial parks, public transport, and government agencies.
• AMI (Advanced Metering Infrastructure) Solution Complete measurement and interconnection solution spanning from energy meters through the STDC01 Data Concentrator to communication, data collection, processing, analysis, and control. The architecture includes five layers: equipment layer (meters and modules), communication layer (PLC/LORA/RF/GPRS/Ethernet/fiber), acquisition layer (HES - Head End System), application layer (MDM - Meter Data Management), and interface layer (CIM). Enables automatic meter reading, demand-side management, power quality analysis, line loss reduction, and customer satisfaction improvement. Targeted at power grid companies, electricity distribution utilities, and energy providers globally.
• Smart Charging Operations Solution End-to-end EV charging solution covering DC charging equipment, operation monitoring platform, installation implementation, and technical services. Supports both private operation mode (swipe charging) and open operation mode (code-scanning charging). Includes vehicle diversion functionality, site search capabilities, and payment processing. Targeted at government agencies, public transport companies, commercial complexes, industrial parks, residential areas, and EV charging infrastructure operators.
• Smart Water Meter Solutions Multiple smart water meter deployment schemes for different installation scenarios: wired smart water meter scheme (for concentrated installation sites with wiring construction conditions), NB-IoT wireless scheme (cellular connectivity without local network infrastructure), LoRa wireless scheme (long-range low-power), and RF card scheme. Each scheme is matched to specific use cases including residential, industrial, and rural water network transformation. Targeted at water supply companies, municipal water management, and water utilities.

Quantifiable outcome

• Up to 90% reduction in per-token inference cost with S3 GPU versus predecessor
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

Feature5 records

Partnerships

Three partnerships are on record, tiered major.

• SonymajorTechnology or IntegrationEnterprise client that has licensed Sunrise AI chip company's inference GPUs for their products.
• XiaomimajorTechnology or IntegrationEnterprise client that has licensed Sunrise AI chip company's inference GPUs for their products. Also listed as external investor in Hangzhou's New Eight Steeds companies.
• SenseTimemajorStrategic or Co-development PartnerParent company from which Sunrise AI chip company was spun out from SenseTime's large-chip division in 2020.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Itron: Global leader in smart electricity, gas, and water metering and AMI/IoT solutions. Directly comparable as a multi-utility AMI vendor serving utilities worldwide with end-to-end hardware, communications, and analytics.
• Landis+Gyr: Major global smart metering and grid management solutions provider. Closely comparable to Sunrise in product scope (electricity, water, gas smart meters and AMI) and international footprint.
• Xylem (Sensus): Through Sensus, Xylem provides smart water, gas, and electricity metering plus AMI/network management. Comparable to Sunrise's water and electricity AMI scope, though at much larger scale.
• Honeywell (Elster): Through the legacy Elster business, Honeywell offers electricity, gas, and water metering with AMI solutions. Comparable in multi-utility metering scope and global reach.

Direct peers

• Wasion Group: Chinese peer and direct competitor in smart energy meters, AMI, and smart water/gas metering. Closely comparable in product portfolio, geographic focus, and customer base (Chinese utilities).
• Hexing Electrical: Chinese smart metering manufacturer producing electricity meters, prepayment meters, AMI systems, and water meters with significant international export business. Highly comparable to Sunrise in product breadth and emerging-market focus.
• Holley Technology: Chinese smart meter manufacturer focused on electricity meters, AMI solutions, and international exports. Comparable to Sunrise in product lines, target customers (utilities), and emerging-market footprint.
• Kamstrup: Danish-based manufacturer of smart metering solutions for electricity, water, heat, and gas, with strong AMI and communication module portfolio. Comparable to Sunrise in multi-utility AMI offering and international certifications.
• Jiangsu Linyang Energy: Chinese listed smart meter manufacturer specializing in electricity meters, AMI, and energy management systems. Comparable to Sunrise in domestic Chinese utility customers and product portfolio.

Regional players

• EDMI: Asia-Pacific smart metering specialist with strong Asia, Australia, and Middle East presence in electricity and gas metering plus AMI. Comparable to Sunrise in product focus and target geographies, though with a different regional emphasis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors37 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunrise