What Kaifa Technology does

Kaifa Technology (Chengdu Great Wall Kaifa Technology Co., Ltd., ticker 920029 on the Beijing Stock Exchange NEEQ) is a Chinese-headquartered supplier of advanced metering infrastructure (AMI) for electricity, water, and gas utilities. The company designs and manufactures smart meters and the associated head-end, communication, and Meter Data Management System (MDMS) software under a 'cloud platform + AI + intelligent terminals' architecture, supporting a broad communication-protocol stack that includes PLC (G3, PRIME), RF-Mesh, LoRaWAN, WISUN, 2G/3G/LTE/NB-IoT, Zigbee, and Bluetooth. Its products are certified to MID, DLMS, Meter&More, IDIS, G3-PLC, PRIME, and relevant IEC and EN standards, and the company participates in IEC/TC13 WG11 international standards committees. The legal entity is incorporated in Chengdu, Sichuan, with affiliated entities naming China Electronics Technology Group (CEC) and Shenzhen Kaifa Technology Group in the corporate group; the precise ownership hierarchy is not fully disclosed in public materials.

The business model is hardware-led enterprise sales: Kaifa supplies smart meters and AMI software through direct utility tenders, government smart-meter procurement programs, and telecom-utility partnership structures (e.g., the Vivo-Sabesp arrangement in Brazil). Cumulative shipments stand at 107 million smart metering products, with annual capacity of 8-10 million units, and the company serves 80+ energy companies across more than 40 countries spanning Europe, Central Asia, the Middle East, South Asia, Southeast Asia, West Africa, and South America. AMI head-end systems are deployed in 20 countries. Pricing is quote-based, multi-year contract, and not publicly disclosed, consistent with enterprise sales. The product portfolio also includes a low-voltage power-grid solution, a smart water management system, a smart gas management SaaS deployed on AWS, and a smart energy storage EMS.

Kaifa's current strategic posture emphasizes international expansion and vertical extension. A 2026 agreement with Sabesp and Vivo commits R$3.8 billion (~USD 760 million) of deployment value through 2029 in São Paulo and São José dos Campos, supported by a R$200 million (~USD 40 million) Manaus Free Trade Zone factory (operational target 4.4 million smart water meters). The company has expanded into Central Asia via an operations and maintenance agreement with Uzbekistan's regional grid operator and is pushing newer product lines — including full-stack energy storage, zero-carbon solutions, and next-generation ultrasonic water meters — into European and Latin American trade channels. Active subsidiaries in Brazil and Uzbekistan, plus events across the Belt and Road corridor (China Water Association, Enlit Europe/Africa, SNEC, Brazil CNSA), indicate a public, growth-stage utility-infrastructure vendor transitioning from meter hardware supplier to broader utility digitalization platform.

Name

Kaifa Technology

Legal name

成都长城开发科技股份有限公司

Website

https://kaifametering.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kaifa Technology (Beijing Stock Exchange: 920029) is a Chengdu-headquartered manufacturer of smart electricity, water, and gas metering hardware and AMI software, supplying 80+ utilities across 40+ countries with a multi-protocol, standards-certified product stack and a newly committed R$3.8 billion Brazil water-metering contract.

Ownership category

akta.pro rank

Product category

Smart Metering / Advanced Metering Infrastructure (AMI) Hardware and Software

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Totalizing Fluid Meter and Counting Device Manufacturing (334514), Electrical Equipment Manufacturing (33531)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Totalizing Fluid Meters & Counting Devices (3824), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

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

akta.pro secondary industries

AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA), Advanced Metering Infrastructure (AMI) & Smart Meter Analytics (Meter Data for NRW) (EUANAKAC), Standards, Interoperability & Certification (DLMS/COSEM, ANSI C12, IEEE 2030.5) (EUADAFAO)

Keywords

• Smart metering solutions
• Advanced metering infrastructure
• Utility metering hardware
• Energy management systems
• Water and gas meters

Headquarters

HQ city

Chengdu

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Smart Metering Hardware Sales: Sale of smart electricity meters, smart water meters, smart gas meters and related metering hardware to utility companies globally. Products are sold through direct enterprise sales and as part of large-scale deployment projects with utility partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Kaifa Technology manufactures and supplies IoT-based smart metering hardware (electricity, water, and gas meters) and integrated Advanced Metering Infrastructure (AMI) solutions for utility companies worldwide. Its portfolio covers smart meters, prepayment systems, AMI master station software, low-voltage power grid acquisition, smart water management, smart gas management (SaaS on AWS), and energy storage EMS. Products are certified to MID, DLMS, IDIS, G3, PRIME, IEC and EN standards, and are sold through direct enterprise sales to utilities and telecom-utility partnerships.

Product overview

Kaifa Technology (成都长城开发科技股份有限公司) is a listed company (Stock Code: 920029) offering an integrated smart energy management platform for electricity, water, gas, and new energy utilities. The product portfolio centers on AMI (Advanced Metering Infrastructure) solutions as the core offering, complemented by specialized solutions for low voltage power grids, smart water management, smart gas management, and smart energy storage. The architecture follows a 'cloud platform + AI + intelligent terminals' approach with comprehensive communication protocol support (PLC, RF-Mesh, LoRaWAN, Wi-SUN, NB-IoT, etc.). The MDMS (Meter Data Management System) platform serves as the analytical backbone, enabling utilities to achieve digital transformation and carbon reduction goals. Key products include AMI Smart Metering Solution, Low Voltage Power Grid Solution, Smart Water Management Solution, Smart Gas Management Solution, Smart Energy Storage Management Solution, and supporting AMI System Software and Smart Energy Products modules. The company has achieved cumulative shipments of 107 million smart metering products serving over 80 energy companies in 40+ countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Metering AMI Solution (智能计量AMI解决方案) Comprehensive smart metering solution covering classic meters, smart meters, prepayment systems, AMI master station, and field application tools with multi-protocol support (PLC G3/PRIME, RF-Mesh, LoRaWAN, Wi-SUN, NB-IoT, 2G/3G/LTE, Zigbee, Bluetooth). Targeted at electricity utility companies globally and certified to MID, DLMS, Meter&More, IDIS, G3, PRIME, IEC 62052/53/56 and EN 50470/50065 standards.
• Low Voltage Power Grid Solution (低压电网解决方案) Complete metering acquisition solution covering electricity, water, and gas meters, terminals, HPLC modules, and data collection, processing, and analysis. Consists of device layer, communication layer (RF/PLC/RS485, GPRS/4G/5G/LoRaWAN/NB-IoT), acquisition layer, and application layer. Targeted at low-voltage grid operators and utilities.
• Smart Water Management Solution (智慧水务管理解决方案) Comprehensive smart water utility solution using a 'cloud platform + AI + intelligent terminals' approach covering smart production, operations, and services for water utilities and enterprises. Includes SCADA monitoring, DMA district metering, GIS pipeline network management, work order management, secondary water supply management, and meter management. Targeted at water utilities and enterprises.
• Smart Gas Management Solution (智慧燃气管理解决方案) Smart gas meter management system deployed on Amazon Cloud as SaaS, providing stable, efficient, cost-effective solutions for global gas companies. Features remote valve control, consumption analysis, and high meter reading success rates. Targeted at gas utility companies worldwide.
• Smart Energy Storage Management Solution (智慧储能管理解决方案) Energy Management System (EMS) combining computer, communication, automation, and energy storage technologies for comprehensive management and efficient operation of energy storage systems. Provides real-time monitoring, data analysis, intelligent control, and optimization scheduling. Targeted at energy storage operators and utilities with new energy assets.
• AMI System Software (AMI系统软件) AMI master station system serving energy companies across 20 countries worldwide, enabling advanced metering infrastructure management and data analytics. Targeted at utility companies deploying large-scale AMI programs.
• Smart Energy Products (智慧能源产品) Comprehensive suite of energy management hardware and software products for various energy types including electricity, water, gas, and new energy applications. Targeted at utilities and enterprises requiring integrated energy products.

Quantifiable outcome

• 4.4 million smart water meters to be installed in São Paulo and São José dos Campos under Sabesp partnership
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Sabesp (Companhia de Saneamento Básico do Estado de São Paulo)coreStrategic or Co-development Partner · 9 January 2026Kaifa will build a R$200 million factory in Manaus to supply 4.4 million smart water meters for Sabesp's smart water metering project in São Paulo and São José dos Campos. The R$3.8 billion partnership between Sabesp and Vivo involves IoT-enabled smart meters enabling daily consumption monitoring, leak alerts, fraud detection, and remote reading.
• Vivo (Telefônica Brasil)coreStrategic or Co-development Partner · 9 January 2026Vivo handles connectivity and system operation while Kaifa supplies the metering hardware for the R$3.8 billion smart water metering partnership with Sabesp to install 4.4 million smart water meters in São Paulo and São José dos Campos by 2029.
• 乌兹别克斯坦区域电网股份公司 (Uzbekistan Regional Grid Company)flagshipStrategic or Co-development Partner · 8 July 2023Kaifa signed a bilateral operations and maintenance agreement with Uzbekistan Regional Grid Company for metering systems, providing self-developed technology for a 10-million-level metering system supporting Central Asian energy digitalization transformation.
• IEC/TC13 WG11 Working GroupcoreTechnology or IntegrationKaifa actively participates in IEC international standards revision through IEC/TC13 WG11 working group meetings, contributing to meter standards development and maintaining technical leadership in the industry.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Holley Technology: Chinese smart-meter OEM with both domestic and overseas utility business. Closest head-to-head Chinese peer to Kaifa in AMI metering, competing in Belt-and-Road markets and at home.
• EDMI (Osaki Electric): Singapore-based smart-meter OEM owned by Japan's Osaki Electric, with strong Asia-Pacific and Middle East presence. Directly competes in electricity and gas AMI deployments in similar geographies to Kaifa.
• Wasion Group: Hong Kong-listed Chinese smart-meter manufacturer serving electricity, water, and gas utilities. Direct competitor in domestic and emerging-market tenders with comparable AMI scope.
• Sagemcom: French smart-meter and energy management specialist, particularly strong in Europe and EMEA. Direct competitor in electricity AMI rollouts with similar multi-protocol (PLC, RF) expertise.
• Itron: U.S.-listed global leader in electricity, water, and gas AMI meters and head-end systems. Directly competes with Kaifa in utility tenders worldwide, with a more mature software stack and broader water utility footprint.
• Hexing Electrical: China-based smart-meter and power distribution automation vendor. Competes with Kaifa in domestic AMI tenders and Belt-and-Road international electrical metering projects.
• Landis+Gyr: Swiss-based global AMI and smart-meter incumbent with deep European utility relationships. Competes head-to-head with Kaifa in European electricity metering deployments and offers similar multi-protocol capabilities.

Broad incumbents

• Honeywell Smart Energy: Diversified industrial conglomerate offering smart metering within a broader process and building solutions portfolio. Competes in large utility AMI tenders but does not specialize in low-cost multi-protocol meters as Kaifa does.
• Siemens Smart Infrastructure: European industrial incumbent with metering and grid management offerings within its broader Smart Infrastructure portfolio. Competes in EMEA grid modernization deals but is not a meter-OEM pure play.

Regional players

• Ningbo Sanxing Medical & Electric: Chinese smart-meter and transformer manufacturer with strong domestic and Belt-and-Road export presence. Regional competitor in emerging markets where Kaifa also competes for utility AMI contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/KaifaMetering
• LinkedInlinkedin.com/company/kaifametering

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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 Kaifa Technology