Name

Wetown Electric

Legal name

Wetown Electric Group Co.,Ltd

Website

https://wetown.com

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Yangzhong

HQ country

China

HQ region

Asia

Offices4 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. Power Distribution Products: Busway systems (high and low voltage), switchgear, transformers, copper and aluminum materials. Products include LV Compact Busway, Pro series busways, GM-D cast resin busway, medium and low voltage switchboards, transformers.
2. Energy Storage Products: Commercial and industrial energy storage system cabinets, residential energy storage battery boxes, hybrid inverters, portable power stations, battery modules (air-cooled and liquid-cooled), AC/DC energy storage cabinets.
3. New Energy Business: Photovoltaic welding strips (MBB, SMBB, Low Temperature), manifolds (black, bending, conventional), aluminum alloy frames, metal flower baskets, wet process flower baskets for solar module components.
4. Professional Services: Systematic training services with over 50 optional training courses covering products and technical aspects. On-site installation training for technical personnel and equipment operation/maintenance.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Wetown Electric designs, manufactures, and sells electrical power distribution products (busway/busduct systems, dry-type transformers, MV/LV switchgear, and box-type substations), commercial and residential energy storage systems (hybrid inverters, battery modules, portable power stations, C&I storage cabinets), and photovoltaic module components (welding strips, manifolds, aluminum alloy frames, and process flower baskets). Products are sold to industrial, commercial, infrastructure, and energy customers in China and more than 30 international markets through direct enterprise sales, an overseas agent network, authorized OEM arrangements with GE/ABB/Schneider/Westinghouse, and a website inquiry system.

Product overview

Wetown Electric Group Co., Ltd. (stock code: 688226) is a comprehensive electrical products and new energy solutions provider with over 30 years of experience. The company operates two main business segments: Power Distribution Business and New Energy Business. The Power Distribution segment encompasses busway products including LV Compact Busway, Pro Series (ProV, ProS, ProD, ProL, ProB), GM Series (GM-D cast resin, GM-Z for nuclear power), WLG wind power special, Pro-F fire-rated, GFM non-segregated, Pro-T insulated pipe, and QLFM isolated phase busways, along with transformers (WETRANS SCB Epoxy Cast Dry-type), switchgear (KYN61-40.5, KYN28A-12, P/V-12, MNSH, Blokset, MDmax, PZ30, XTM, XL, MLS-V, SLVA), and box-type substations. The Energy Storage segment includes hybrid inverters (single and three-phase), portable power stations, battery modules (air-cooled and liquid-cooled), commercial/industrial energy storage cabinets, and solar charging solutions. The New Energy segment provides photovoltaic products including welding strips (MBB, SMBB, low-temperature), manifolds (black, bending, conventional), aluminium alloy frames, and flower baskets for solar manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• ProV Series Busway Advanced compact busway system for power distribution in commercial and industrial buildings.
• LV Compact Busway Star sandwich-construction busway with high electrical efficiency, low voltage drop, and high mechanical strength for reliable power distribution.
• ProS Series Busway Slide-rail type intelligent busduct rated 250A-1000A with unique slide-rail tap-off box and flexible contact connector for power distribution.
• Pro D Series Busway (Data Center) Intelligent power distribution system designed for data centers and critical power supply with multiple power quality monitoring functions.
• Pro L Lighting Busway Flexible and expandable busbar trunking system with prefabricated tap-off devices providing flexibility and scalability for lighting distribution.
• GM-D Cast Resin Busway Innovative cast resin busway system with waterproof, anti-corrosion, anti-seismic (seismic grade 8) and maintenance-free performance for shipyards, petrochemical, and underground pipeline applications.
• Pro B Busway System New design busway with high-conductivity conductor that saves 21% power compared to normal aluminum conductor and P Elastic Joint patent reducing plug-in interface area by more than 50%.
• WLG Special Busway for Wind Power Dedicated busway system for wind turbine market, ideal for output loops of stator and rotor generators inside wind mill towers.
• Pro-F Fire-Rated Busway Fire-rated busway with IP68 water protection and high anti-corrosion performance for harbors, petrochemical, data centers, and rail transit applications.
• GFM Non-Segregated Busway Non-segregated phase busway for transmission systems with high short-circuit ratings and aluminum or low-magnetic plate enclosure.
• Pro-T Insulated Pipe Busway Insulated pipe busduct rated 630A-6300A at 3.6-40.5kV using EPDM insulation for excellent electrical insulation and corona resistance, supported by 12 patents.
• QLFM Isolated Phase Busway High-current transmission device for generator main lead-out wire loops and power station service/auxiliary transformers with online temperature, humidity, and hydrogen monitoring.
• GM-Z Cast Resin Busway for Nuclear Power Nuclear power-grade cast resin busway with safety, space-saving, high reliability, long service life, seismic performance, and maintenance-free operation.
• WETRANS SCB Epoxy Cast Dry-type Transformer Series Power conversion equipment integrating safety, reliability, energy saving, and low noise, available in 10kV series (50kVA-4000kVA) and 35kV series (1000kVA-20000kVA).
• KYN61-40.5 Indoor AC Metal Switchboard Metal-clad withdrawable switch cabinet for 40.5kV single-bus systems used for receiving and distributing electric energy with controlling, protecting, and testing functions.
• KYN28A-12 Metal-Clad Removable Switchgear Metal-clad removable switchgear with five-prevention interlock function, passing internal fault arc and condensation fouling tests.
• P/V-12 AC Metal Enclosed Switchgear (Ring Main Unit) Three-phase indoor AC power distribution switchgear for 3.6-12kV nominal systems, providing cost-effective solutions for utility distribution, industry, and buildings.
• MNSH AC Low Voltage Switchgear Combination type low voltage switchgear assembled with standard modules for power generation, transmission, power conversion and power consumption equipment control.
• Blokset Schneider Authorized Low-voltage Switchgear Schneider-authorized low voltage switchgear with upgraded cabinet profile and anti-eddy current busbar system.
• MDmax ABB Authorized Low-voltage Switchgear ABB-licensed low-voltage cabinet for systems up to 0.69kV with modular structure for compactness, diversity, and flexibility.
• MLS-V Low Voltage Switchgear GE-authorized cabinet type low-voltage withdrawable switchgear assembled with standard modules for power supply and distribution.
• High/Low Voltage Pre-installed Box-type Substation (American) Prefabricated substation equipped with air conditioner and integral welding structure, suitable for industrial parks, residential areas, and high-rise buildings.
• YB-12 Box-type Substation European box substation combining high-voltage switchgear, transformer, low-voltage distribution equipment, and reactive power automatic compensation for remote control capabilities.
• Three Phase Hybrid Inverter EOS-4~20K Three-phase hybrid inverter with 98.2% max efficiency, 135-750V wide battery voltage range, UPS-level switching within 10ms, IP65 protection, and parallel operation capacity up to 10 units.
• Single Phase Hybrid Inverter EOS-3~8K-S30 Single-phase hybrid inverter with 97.6% max efficiency, UPS-level switching within 10ms, 65-450V wide battery voltage range, and Solinteg built-in EMS.
• Commercial and Industrial Energy Storage System Cabinets ALL-in-one integrated outdoor cabinet system integrating battery cells, BMS, high-performance converter, active safety, intelligent power distribution, and thermal management into a single plug-and-play energy storage module with 1000V rated DC voltage.
• Residential Energy Storage Battery Box High-voltage lithium-ion battery box with stacked design, used in conjunction with residential energy storage inverters.
• Air-cooled Battery Module Battery module with 1P20S composition, extruded stacked assembly, and 'Feng' shaped partitions for ventilation and heat dissipation.
• Liquid Cooled Battery Module Liquid-cooled battery module with 1P52S composition, liquid-cooling plate for temperature management, and IP65 protection level.
• WETOWN Portable Power Station WT300A Emergency battery backup generator for home or camping with 299.5Wh capacity, 110V/300W Pure Sine Wave AC output, multiple USB and DC outputs, LiFePO4 battery.
• Portable Mobile Power 1500W Portable power station with 1280Wh capacity, 110V rated 1500W output, multiple USB and DC outputs for outdoor and emergency use.
• Three-Phase Energy Storage Inverter (4-20KW) Three-phase energy storage inverter (4-20kW) for residential and commercial rooftops, part of complete energy storage system with photovoltaic arrays, power grids, and loads.
• Single-Phase Energy Storage Inverter (3-8KW) Single-phase energy storage inverter (3-8kW) for residential energy storage applications.
• DC Energy Storage Cabinet Air-cooled energy storage DC system covering 2-5.5 MWh capacity with controller/optimizer for packs and clusters, featuring thermal runaway prevention.
• MBB Welding Strip Multi-busbar welding strip widely used in 9BB, 12BB, and other multi-grid modules, reducing shading area and series resistance while increasing module power.
• SMBB Welding Strip Super multi-busbar welding strip for 16BB or more grid assemblies, reducing solder tape consumption with thinner wire diameter.
• Low Temperature Welding Strips Low-temperature soldering strips using solder with melting point as low as 108°C, designed for high-efficiency cells requiring low temperatures such as HJT.
• Black Manifold Photovoltaic manifold with unique black coating and immersion tin process, solving welding wrinkles and paint loss phenomenon.
• Bending Manifolds Customizable manifolds that reduce customer welding risk and welding resistance for solar cell string connections.
• Conventional Manifolds Standard manifolds connecting solar cell strings and junction boxes, transmitting solar cell string current.
• Aluminium Alloy Frame Solar module fixing and sealing frame that enhances module strength, prolongs service life, and facilitates transportation and installation.
• High Conductivity Copper Bar Copper bar with conductivity ≥58 Ms/m and rated current up to 8000A, reducing electricity energy waste and improving power transmission efficiency.
• High Conductivity Aluminum Bar Aluminum bar with high tensile strength, bending performance, and compressive creep property equivalent to copper bar.
• High Heat-dissipation Aluminum Housing Aluminum housing with thermal conductivity ≥220W/m.K, improving safety and reliability by reducing temperature rise of busway by 3-5K under rated conditions.

Quantifiable outcome

• Busway market share and export volume ranked first among national brands
• +3 more outcomes

Named customers20 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• ABB: Swiss-Swedish multinational in electrification, switchgear, and power distribution. ABB licenses its MDmax low-voltage switchgear cabinet to Wetown and competes head-to-head in industrial and infrastructure busway projects globally.
• CHINT Group: Largest privately held Chinese electrical equipment manufacturer, competing with Wetown across low-voltage switchgear, distribution boxes, and building electrical products in the domestic Chinese market. Closest domestic head-to-head competitor by product portfolio overlap.
• TBEA: Chinese state-owned manufacturer of transformers, switchgear, and power transmission equipment with large manufacturing scale and international footprint. Comparable to Wetown's transformer (WETRANS SCB series) and high-voltage power distribution business, and a key domestic peer.
• Schneider Electric: Global leader in power distribution, switchgear, and busway systems. Wetown holds a Schneider authorization to manufacture Blokset low-voltage switchgear, making Schneider both a technology partner and the most direct product-line competitor in the global market.
• Powell Industries: US-based manufacturer of custom-engineered electrical distribution and control houses, switchgear, and bus duct for industrial, utility, and petrochemical markets. Most direct pure-play comparison to Wetown's GFM non-segregated, QLFM isolated phase, and petrochemical busway offerings.
• Legrand: French specialist in electrical and digital building infrastructure, with growing busway and data center power distribution offerings. Comparable in commercial real estate and high-rise building focus where Wetown has references such as Trump Tower Philippines and ION Orchard.
• LS Electric: Korean electrical equipment manufacturer producing switchgear, bus duct, and energy storage systems with strong Asia-Pacific presence. Direct competitor in Southeast Asia, Middle East, and Oceania where Wetown exports, and a peer in the C&I energy storage market.
• Eaton: US-based power management company with a strong busway and switchgear portfolio targeting data centers, industrial, and commercial buildings. Eaton is the most direct US-headquartered competitor to Wetown's Pro-D data center busway and LV distribution products.
• Siemens: German industrial conglomerate with Smart Infrastructure division covering busway, switchgear, and transformers. Siemens competes with Wetown on global infrastructure and metro/airport projects where Wetown references include Moscow Metro and major airports.

Emerging players

• Vertiv Holdings: US-listed specialist in critical digital infrastructure power and cooling, including busway systems for data centers. Comparable to Wetown's Pro-D data center busway product line and a key competitor in hyperscale and colocation deployments where Huawei is also a customer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/wetownelectric
• LinkedInlinkedin.com/company/wetown-electric-group-co-ltd

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Wetown Electric