What Hangzhou Everfine Photo-E-Info does

Hangzhou Everfine Photo-E-Info Co., Ltd. (Shenzhen Stock Exchange: 300306) is a Hangzhou-headquartered precision measurement instrument manufacturer founded in 1993 and listed in 2012. The company is described as the only listed company globally whose primary business is LED and lighting detection equipment, and it has accumulated approximately 200 patents including 80+ invention patents across China, the United States, and Germany. Its product portfolio spans nine categories: lighting and light source measurement, automotive optical measurement, medical device optical performance, non-visual (UV/IR) and VCSEL/laser measurement, material optical properties, display industry measurement, electronic measurement equipment, EMC electromagnetic compatibility testing, and testing-and-calibration services. Flagship instruments include the HAAS-2000 high-precision fast spectral radiometer (a National 863 Program research outcome and Chinese Patent Excellence Award recipient), the GO-R5000 full-space rapid goniophotometer, the CX series imaging colorimetric luminance meter with integrated AI MURA defect evaluation, and the LFA-3000 flicker measurement system.

The company's revenue model combines one-time capital equipment sales of precision instruments with recurring testing and calibration services delivered through its wholly-owned Evertest (远方检测) subsidiary, which holds NVLAP (LAB CODE: 500074-0), CNAS (CNAS L5831), EPA/DOE Lighting Facts, and TÜV Rheinland PTL accreditations. Go-to-market is primarily direct enterprise sales targeting lighting manufacturers, automotive OEMs and Tier 1 suppliers, medical device companies, display panel makers, and research institutions, supplemented by participation in major industry exhibitions (GILE/Guangya, ICDT, Display Week, Light+Building, IFAL, CMEF) and standards committee leadership. The company hosts the national SAC/TC224/SC3 lighting standards secretariat and Chairman Pan Jiangen chairs CIE TC2-89 on temporal light modulation, contributing to roughly 100 technical specifications and authoring CIE 239:2020. Customer concentration is spread across multiple vertical industries with no publicly disclosed named end-customers, and pricing is conducted through direct enterprise contracts without public list prices.

Reported financials show a sustained top-line contraction from 2021 through 2025 (approximately a 19% cumulative decline), even as the company continued launching new products across medical endoscopy, plant lighting, HUD, and VCSEL testing and earning consecutive ICDT Display Measurement Industry Gold Awards from 2022 through 2026. The mismatch between declining legacy revenue and active product-and-vertical expansion suggests a transition phase where emerging segments in automotive, medical, display, and VCSEL are intended to offset maturity in the core Chinese LED lighting market.

Name

Hangzhou Everfine Photo-E-Info

Legal name

杭州远方光电信息股份有限公司

Website

https://everfine.cn

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hangzhou Everfine Photo-E-Info (Shenzhen: 300306) manufactures precision optical, colorimetric, electrical, and EMC measurement instruments for LED lighting, automotive, medical device, display, and materials testing customers, complemented by accredited calibration services through its Evertest subsidiary.

Ownership category

akta.pro rank

Product category

Optical Measurement Instruments

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Testing Laboratories and Services (54138), Analytical Laboratory Instrument Manufacturing (334516), Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823), Laboratory Analytical Instruments (3826), Services-Testing Laboratories (8734), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches) (IMAGAFAC)

akta.pro secondary industries

Calibration Services & Standards (Calibration labs, reference standards, traceability services) (IMAGAFAH), Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH), Metrology, Calibration & Testing Equipment (Balances, pH/DO, Standards) (HLAGAIAL)

Keywords

• Optical measurement instruments
• Photometric testing equipment
• Spectroradiometer systems
• LED lighting measurement
• Automotive optical testing

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Precision Measurement Instruments and Equipment: Sale of spectral radiometers, goniophotometers, colorimeters, luminance meters, integrating spheres, EMC test systems, power analyzers, and other precision optical and electronic measurement instruments. Products are sold as one-time capital equipment purchases to enterprise customers. This is the primary revenue driver.
2. Testing and Calibration Services: Evertest (远方检测), a subsidiary, provides professional calibration and testing services leveraging the company's own proprietary equipment. This represents recurring service revenue and supports the instrument sales business.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Hangzhou Everfine Photo-E-Info (EVERFINE) designs, manufactures, and sells precision optical, photometric, colorimetric, radiometric, and electrical measurement instruments used by lighting manufacturers, automotive OEMs, medical device makers, display panel producers, and research institutions. Its portfolio spans spectroradiometers, goniophotometers, integrating spheres, imaging luminance meters, flicker test systems, optical radiation safety testers, VCSEL/laser analyzers, EMC test systems, and power analyzers. The company also operates the wholly-owned Evertest (远方检测) calibration and testing subsidiary, providing accredited calibration, optical radiation, and lighting testing services (NVLAP, CNAS, EPA/DOE Lighting Facts, China CCS).

Product overview

Hangzhou Everfine Photo-E-Info Co., Ltd. (Stock Code: 300306) is a leading manufacturer of photometric, colorimetric, and electrical testing equipment. The company offers an integrated portfolio of optical measurement solutions organized into nine major categories: (1) Lighting and Light Source Measurement (spectrometers, integrating spheres, goniophotometers, thermal resistance/analyzer systems, optical radiation safety systems, spectral illuminometers, flicker/glare measurement, plant lighting testing), (2) Automotive Optical Measurement (lamp light distribution, ambient lighting, online dimming, vehicle lighting, projection, HUD, sensors, CMS, and photobiological safety testing), (3) Medical Device Optical Performance (endoscope, cold light source, ophthalmic equipment, medical beauty/phototherapy, surgical shadowless lamp, medical device optical radiation safety, medical display), (4) Non-Visual Measurement (UV/IR radiation, VCSEL & laser safety), (5) Material Optical Properties (spectrocolorimeters, haze meters, spectrophotometers, BSDF spatial scattering), (6) Display Industry Measurement (luminance meters, Mini/Micro LED, calibration sources, mobile/TV/OLED/projection/AR-VR display testing), (7) Electronic Measurement Equipment (power analyzers, digital power meters, power supplies, test systems), (8) EMC Electromagnetic Compatibility Testing (EMS immunity, automotive EMC, military standards, EMI emission, shielded rooms), and (9) Testing and Calibration Services. Key products include the HAAS-2000 spectroradiometer (National 863 Plan achievement with international patents), GO-R5000 goniophotometer, PCE series integrated measurement systems, CX imaging luminance meters with AI algorithms, SRC-600 colorimetric luminance meters, LFA-3000 flicker test systems, and OST-500 optical radiation safety systems. The company also provides testing and calibration services through its subsidiary Everfine Testing.

Differentiator

Problem solved

Functional benefit

Products and services

• HAAS-2000 High-Precision Fast Spectral Radiometer (Spectrometer)

Quantifiable outcome

• HAAS-2000 spectral radiometer used by multiple leading global laboratories with excellent international comparison data
• +4 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Evertest (远方检测)coreOthersEvertest is a wholly-owned subsidiary of Hangzhou Everfine Photo-E-Info. It is a testing and calibration institution with core testing equipment all designed and manufactured in-house and internationally certified. Evertest operates an internationally advanced optical radiation calibration laboratory and lighting testing demonstration laboratory, with detection and calibration capabilities at the highest global level. It has obtained US NVLAP (LAB CODE: 500074-0) and China CNAS (CNAS L5831) accreditation, and is also an EPA and DOE Lighting Facts registered laboratory.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Gamma Scientific: Specializes in light measurement instruments including spectroradiometers, goniophotometers, and display test systems for LED, display, and aerospace — a closely comparable niche peer to Everfine's photometric and colorimetric portfolio.
• X-Rite (a Danaher company): Global leader in color and appearance measurement, with spectrophotometers, colorimeters, and display calibration systems that compete directly with Everfine's HACA-5000, CX series, and SRC-600 across the display, materials, and consumer electronics verticals.
• Ocean Insight (formerly Ocean Optics): Provider of compact spectrometers and optical sensing equipment for lighting, display, and life-science markets; overlaps with Everfine's HAAS-2000 spectral radiometer and material/UV/IR measurement solutions.
• Labsphere: US-based specialist in integrating spheres, uniform light sources, and spectral calibration standards used in LED and lighting measurement — directly comparable to Everfine's integrating spheres, SPA-2000 spectral source, and Evertest calibration capabilities.
• Konica Minolta (Instrument Systems): Through its Instrument Systems division, Konica Minolta supplies spectral radiometers, goniophotometers, and display/optical test equipment for LED, display, and automotive lighting — directly competing with Everfine's HAAS-2000, GO-R5000, and DMS product lines across the same global customer base.

Broad incumbents

• Hamamatsu Photonics: Diversified Japanese photonics major with detectors, light sources, and optical measurement systems used in lighting, biomedical, and display applications — a broad incumbent with overlapping capabilities (spectral sensing, UV/IR, VCSEL characterization) rather than a focused niche competitor.

Emerging players

• RGB Photonics: German specialist in array spectrometers and light measurement systems for LED and lighting applications; comparable to Everfine's spectral radiometer and colorimeter portfolio in mid-range instrumentation.
• Admesy (a member of the Unigraf group): Supplies high-end colorimeters, spectroradiometers, and display test equipment for display panel manufacturing and automotive lighting — directly comparable to Everfine's CX/SRC imaging luminance meters and DMS display test systems.
• JETI (Just Edel Technology & Instruments): German manufacturer of high-precision spectral radiance and luminance meters (e.g., specbos, spectrolux) for LED and display testing; an emerging specialist competing with Everfine in high-end spectral radiometry and international reference laboratory applications.

Regional players

• Hangzhou CHN Spec Opto-electronic (3nh): Chinese color and appearance measurement specialist serving domestic plastics, textiles, coatings, and printing markets; a regional Chinese peer overlapping with Everfine's materials and consumer electronics color measurement solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hangzhou-everfine-photo-e-info-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments2 records

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

Frequently asked questions about Hangzhou Everfine Photo-E-Info