Xinfengguang Electronics Technology

What Xinfengguang Electronics Technology does

Xinfengguang Electronics Technology Co., Ltd. (新风光电子科技) is a China-based power electronics equipment manufacturer and subsidiary of Shandong Energy Group (Fortune Global 500), listed on the Shanghai Stock Exchange STAR Market under ticker 688663.SH since April 13, 2021. The company designs, manufactures, and sells high/medium/low-voltage variable frequency drives, high-voltage dynamic reactive power compensation (SVG/STATCOM), high-voltage cascaded energy storage systems, FGSST solid-state transformers, rail transit energy feedback devices, explosion-proof electrical equipment, and high-end power supplies. Its product architecture is organized under a "five-electricity" framework (use less, use better, regenerate, store, explosion-proof) and addresses power quality, motor energy savings, grid stability for renewable integration, and emergency backup for mining safety loads. Core technical assets include proprietary high-voltage cascaded topology (25,000–30,000+ units deployed), SST technology with 20 years of R&D originating in China's 863 Program, and DSP+FPGA-based multi-level SVG with sub-5ms response. The portfolio is protected by 500+ authorized patents and 36 national/industry standards led or co-drafted by the company.

The company sells primarily through direct enterprise engagement, targeting state-owned enterprises in power generation, mining/coal, rail transit, heavy industry, and increasingly AI data centers. Customers include Shandong Energy Group entities, Weiqiao Group, Taiwan Cement Group, the National Supercomputing Center in Jinan, and Harbin Jiuzhou Group (strategic partnership signed June 2026). Revenue is generated through quote-based B2B hardware sales supplemented by system integration, technical services, and a 400-600-3199 service hotline; pricing is not publicly disclosed. International sales have reached 30+ countries with SVG deployments, supported by exhibition presence (Intersolar Europe, SNEC) and a 2026 partnership with TÜV Rheinland for international certification. The reported FY2023 H1 revenue was 640 million RMB (+32.02% YoY) with 78.1 million RMB net profit (+39.32% YoY), and FY2022 sales revenue totaled 1.303 billion RMB.

Manufacturing is anchored at the Wenshang County (Jining, Shandong) headquarters, with R&D centers in Jinan and Suzhou. The company holds National Specialized and Novel Demonstration Enterprise, National Intellectual Property Demonstration Enterprise, and 8th Shandong Governor's Quality Award distinctions, and its "Fengguang brand" variable frequency drives were recognized as a China Famous Brand Product. Operating geographies span China, Myanmar, Germany, Spain, and other markets where SVG and energy storage systems are deployed.

Name

Xinfengguang Electronics Technology

Legal name

新风光电子科技股份有限公司

Website

https://fengguang.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Xinfengguang Electronics Technology is a China-based power electronics equipment manufacturer and subsidiary of Shandong Energy Group (Fortune Global 500), listed on the Shanghai STAR Market (688663.SH), producing high-voltage variable frequency drives, SVG reactive power compensation, high-voltage cascaded energy storage systems, solid-state transformers, and rail transit energy feedback devices for state-owned enterprises in mining, power generation, rail transit, and industrial sectors across 30+ countries.

Ownership category

akta.pro rank

Product category

Power Electronics Equipment

NAICS

Electrical Equipment Manufacturing (33531), Power, Distribution, and Specialty Transformer Manufacturing (335311), Motor and Generator Manufacturing (335312), Electrical Equipment Manufacturing (3353)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Power, Distribution & Specialty Transformers (3612), Motors & Generators (3621)

akta.pro primary industry

EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF)

akta.pro secondary industries

Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), Power Conditioners & Voltage Regulators (HDACAJAD)

Keywords

• Power electronics equipment
• High-voltage variable frequency drives
• Reactive power compensation
• Energy storage systems
• Solid-state transformers

Headquarters

HQ city

Wenshang

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Electronics Equipment Manufacturing and Sales: The company designs, develops, manufactures, and sells power electronics equipment including high/medium/low voltage variable frequency drives, high-voltage dynamic reactive power compensation devices (SVG), smart energy storage systems, rail transit energy feedback devices, explosion-proof equipment, and high-end power supplies. Revenue is generated through one-time equipment sales to industrial customers, with some service and solution components. Products are sold directly to end-user enterprises in power, mining, rail transit, and industrial sectors.
2. System Solutions and Technical Services: The company provides tailored system solutions for customers including integrated energy storage solutions, power quality improvement systems, and motor drive and control systems. Services include on-site technical support, equipment inspection, and maintenance. Service hotline: 400-600-3199.
3. International/Overseas Sales: The company exports its power electronics equipment internationally, with SVG products deployed in over 30 countries and regions globally. Participation in international exhibitions (Intersolar Europe) and strategic partnerships with international partners (TÜV Rheinland) support overseas revenue generation.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Xinfengguang Electronics Technology designs, manufactures, and sells power electronics energy-saving control equipment including high-voltage variable frequency drives, dynamic reactive power compensation devices (SVG/STATCOM), high-voltage cascaded energy storage systems, solid-state transformers (SST), rail transit energy feedback devices, and explosion-proof equipment. The company sells primarily through direct enterprise sales to industrial, mining, power generation, rail transit, and data center customers, with supplementary system integration and technical services.

Product overview

Xinfengguang Electronics Technology (新风光电子科技股份有限公司) is a high-tech enterprise specializing in power electronics energy-saving control technology. The company operates a platform-plus-modules architecture centered on five major product lines: '少用电 (Less Electricity Usage)' for motor drives and control including high-voltage inverters (FD series, JD-BP series), '用好电 (Better Electricity Usage)' for power quality management including SVG reactive compensation and SSC static synchronous compensators, '再生电 (Regenerated Electricity)' for rail transit energy feedback devices, '存储电 (Stored Electricity)' for smart energy storage systems including high-voltage cascaded storage, FGPCS converters, and commercial/industrial storage solutions, and '防爆电 (Explosion-Proof Electricity)' for mining safety equipment. Core technologies include the new generation SST (Solid-State Transformer) serving as an 'energy router' for new power systems, high-voltage cascaded energy storage systems with transformer-free direct grid connection, and comprehensive power quality solutions. The company is a subsidiary of Shandong Energy Group (世界500强) and is listed on the STAR Market (科创板, stock code: 688663).

Differentiator

Problem solved

Functional benefit

Products and services

• High-Voltage Cascaded Energy Storage System (高压级联储能系统) High-voltage cascaded energy storage system designed for utility-scale and industrial energy storage applications. Enables transformer-free direct grid connection at medium/high voltage (6-35kV), suitable for grid frequency regulation, peak shaving, renewable energy integration, and emergency backup power for industrial customers in power generation, mining, and renewable energy sectors.
• Static Synchronous Compensator - SSC (静止同步调相机) Grid-forming static synchronous compensator using supercapacitor energy storage for fast grid response. Designed for power grid operators and large industrial customers requiring transient voltage support, disturbance resistance, and grid stability in systems with high renewable energy penetration.
• FGSST Solid-State Transformer (FGSST系列固态变压器) Next-generation power conversion equipment functioning as a multi-port 'energy router' for new power systems and AI data centers. Uses IGBT and SiC wide-bandgap devices for AC/DC and DC/DC efficient transformation, integrating voltage transformation, electrical isolation, bidirectional power control, power quality management, and intelligent dispatch. Designed for AI computing infrastructure, renewable energy microgrids, and smart distribution networks.
• Energy Storage Power Conversion System FGPCS-3.5M Series (储能变流器FGPCS-3.5M系列) Three-level ANPC topology energy storage converter with liquid cooling for large-scale battery energy storage systems. Supports 587Ah-688Ah large capacity cells with island operation, primary frequency regulation, black start, and automatic grid connection/disconnection switching capabilities. Designed for utility-scale and industrial energy storage installations.
• Energy Storage Power Conversion System FGPCS-2.5M Series (储能变流器FGPCS-2.5M系列) Liquid-cooled energy storage converter with grid-forming capability supporting 3x overload for 10 seconds. Features constant voltage, current, and power control modes with high/low voltage ride-through support. Designed for industrial and utility-scale battery energy storage system integrators.
• Energy Storage Power Conversion System FGPCS-1.725M Series (储能变流器FGPCS-1.725M系列) Three-level ANPC topology energy storage converter with up to 99% efficiency, intelligent air cooling for 45°C ambient temperature without derating, and 1500V support. Designed for medium-scale commercial and industrial battery energy storage applications.
• 1500V Storage Converter and Boost Integrated Machine (1500V储能变流升压一体机) Integrated 1500V storage converter with boost transformer supporting 35kV and below voltage levels. Three-level ANPC topology with reactive power adjustment range of -1 to +1 and grid-forming capability. Designed for utility-scale solar and storage integrated power stations.
• Commercial & Industrial Energy Storage System 261kWh (工商业储能系统261kWh) All-in-one integrated C&I energy storage system in a single standardized 261kWh cabinet combining battery cells, BMS, PCS, fire protection, and thermal management. Supports peak-valley arbitrage, demand management, and dynamic capacity expansion for factories, data centers, and commercial complexes.
• High-Power High-Voltage Inverter (大功率高压变频器) Water-cooled high-power high-voltage inverter with 6kV-10kV output using SPWM sine wave output. Designed for high-power industrial motor applications in mining, metallurgy, and large-scale manufacturing requiring energy savings and reliable variable speed control.
• High-Voltage Four-Quadrant Inverter (高压四象限变频器) Four-quadrant regenerative high-voltage inverter for mining hoists and elevators. Uses advanced vector control technology with IGBT-based rectifier and inverter and SVPWM control, capable of 2.5x rated torque starting and energy feedback to the grid. Supports soft switching between frequency and utility power without current surge, with main-shaft control power supply dual-loop design for reliability.
• General High-Voltage Inverter (通用型高压变频器) High-voltage variable frequency speed regulation system using high-speed DSP control with space vector technology and multi-level power unit series topology. Suitable for synchronous, asynchronous, and permanent magnet synchronous motors from 200kW to 20,000kW. Designed for general industrial motor speed control applications.
• FD300 High-Performance Vector Inverter (FD300高性能矢量变频器) Full-featured high-performance vector inverter supporting both asynchronous and permanent magnet synchronous motors with position, speed, and torque control modes. Enhanced expansion capabilities for personalized customer needs. Designed for high-performance industrial automation applications.
• FD290 General Vector Inverter (FD290通用型矢量变频器) General-purpose vector inverter with DSP-based motor controller using open-loop vector control technology. Supports both synchronous and asynchronous motors with complete functions and broad applications across industrial automation sectors.
• FD200 Compact Vector Inverter (FD200精巧型矢量变频器) Compact low-voltage vector inverter with sensorless vector control, available in 220V and 380V voltage levels. Features speed sensorless control, high reliability, and compact design (30% smaller than competitors). Designed for textile, centrifuge, machine tools, lithium battery, ceramics, glass, and woodworking applications.
• FGSVG High-Voltage Dynamic Reactive Power Compensation Device - SVG/STATCOM High-voltage dynamic reactive power compensation device (SVG/STATCOM) for power grids and industrial customers. Uses multi-DSP+FPGA control core with instantaneous reactive power theory, achieving ≤5ms response time. Raises grid power factor to 0.99, reduces line losses by 15-20%, and suppresses harmonics up to 13th order. Designed for power transmission grids, solar/wind generation plants, mining operations, and industrial facilities with reactive power and harmonic challenges.
• High-Voltage Cascaded Energy Storage PCS Power Unit (高压级联储能PCS功率单元) Cascaded energy storage PCS power unit with H-bridge structure for AC/DC bidirectional transformation using liquid cooling. Features redundant bypass capability through K3 contactor for fault conditions. Designed as a building block for high-voltage cascaded energy storage systems.

Quantifiable outcome

• SVG products raise power factor to 0.99, reduce line losses by 15-20%, with >30,000 units deployed globally across 30+ countries
• +5 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• 九洲集团 (Harbin JiuZhou Group)coreStrategic or Co-development Partner · 15 June 2026新风光 and Harbin JiuZhou Group signed a strategic cooperation agreement on June 15, 2026, in Harbin. The partnership focuses on power electronics equipment, power quality management, and comprehensive energy services. JiuZhou Group brings its strengths in smart distribution grid, digital energy, comprehensive energy services, and computing infrastructure with its nationwide marketing service network. The two companies will collaborate on technology R&D, product development, and domestic/international market expansion based on their complementary core advantages.
• 德国莱茵TÜV (TÜV Rheinland)coreTechnology or Integration · 3 June 2026新风光 and TÜV Rheinland signed a deep strategic cooperation at SNEC 2026 exhibition on June 3, 2026. TÜV Rheinland is a leading international independent testing and certification organization. The partnership will focus on professional certification, testing standards, and technology validation for the company's power electronics and energy storage products in international markets.
• 山东省电力行业协会 (Shandong Electric Power Industry Association)minorStrategic or Co-development Partner新风光 co-organized the '2026火储联合调频技术创新与应用交流会' with the Shandong Electric Power Industry Association and Shandong Energy New Energy in Jining. The association supports the company's technology exchange and market development in the Shandong power sector.
• 山东能源新能源 (Shandong Energy New Energy)coreStrategic or Co-development PartnerShandong Energy New Energy is the parent company and primary strategic customer. 新风光 provides core technology support for major projects including the Luxi Power Plant multi-energy storage frequency regulation project. The parent company enables market access and project opportunities for the company.
• 中国铁建 (China Railway Construction Corporation)minorStrategic or Co-development Partner新风光 partnered with China Railway Construction Corporation on the Lijiang Snow Mountain Rail Transit Line 1 project — China's first urban rail transit line to fully eliminate rectifiers and use bidirectional converters and energy management systems. The line operates at China's highest altitude for urban rail transit.
• 中国化学与物理电源行业协会储能应用分会 (China Industrial Association of Power Sources - Energy Storage Applications Branch)minorStrategic or Co-development Partner新风光 actively participates in industry activities organized by this association, including the '第十期全国储能产业巡回调研' where 36 expert organizations visited the company. The association provides a platform for technology exchange and industry collaboration.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sungrow Power Supply: Leading Chinese power electronics manufacturer specializing in solar inverters, energy storage converters (PCS), and floating PV systems. Highly comparable to Xinfengguang's inverter, SVG, and energy storage product lines, with similar industrial and renewable energy customer base.
• Inovance Technology: Top Chinese industrial automation and variable frequency drive manufacturer with broad coverage of low/medium/high-voltage drives, servo systems, and energy storage. Directly comparable to Xinfengguang's VFD product line and industrial customer segments.
• Sieyuan Electric: Chinese power transmission and distribution equipment manufacturer producing transformers, GIS, and power electronics including reactive power compensation. Comparable in transformer (SST adjacency) and power quality management product lines.
• TBEA: Major Chinese manufacturer of power transformers and renewable energy equipment including solar inverters and energy storage. Comparable to Xinfengguang in power electronics, energy storage, and grid-side product offerings.
• CRRC Times Electric: Chinese rail transit power electronics leader producing traction systems, regenerative braking energy absorption devices, and IGBT modules. Directly comparable to Xinfengguang's rail transit energy feedback product line and urban metro customer base.
• Kstar Science & Technology: Chinese manufacturer of UPS systems, power electronics, and energy storage solutions for data centers and industrial customers. Comparable to Xinfengguang's power conversion systems and C&I energy storage products.

Broad incumbents

• ABB: Global power and automation leader with extensive portfolios in industrial drives, power quality (STATCOM), and energy storage. Competes with Xinfengguang internationally but serves a much broader range of industrial automation and electrification markets.
• Siemens: Global industrial giant with major businesses in drives, power electronics, grid technologies, and rail electrification. Overlaps with Xinfengguang in industrial VFDs, grid power quality, and rail transit energy systems, but with vastly broader scale and global brand.
• Schneider Electric: Global energy management and automation company with significant presence in industrial drives, power conversion, and energy storage. Comparable in VFD and power quality products, with established global service network that Xinfengguang lacks.

Emerging players

• NR Electric: Chinese power system protection, automation, and power electronics manufacturer with focus on grid-side applications. Adjacent competitor in reactive power compensation, grid-forming storage, and substation-level power electronics technologies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 Xinfengguang Electronics Technology