What Megmeet does

Shenzhen Megmeet Electrical Co., Ltd (MEGMEET) is a Chinese power electronics and electric automation manufacturer founded in 2003 and listed on the Shenzhen SME Board since 2017. The company is organized into six core business groups — Power Solutions, Industrial Automation, eMobility & EV Infrastructure, PV & ESS & Charging, Intelligent Equipment, and Precision Connection Components — and serves enterprise customers across datacenter, AI infrastructure, EV, energy storage, industrial automation, telecom, medical, and consumer electronics. Headquartered in Shenzhen with 13,000+ employees globally, 3,000+ of which are R&D staff, Megmeet operates 10+ R&D centers across China, Germany, Sweden, and the United States, and 8 manufacturing bases across China, Taiwan, Thailand, India, and the United States, generating approximately 40% of revenue overseas.

Megmeet's product portfolio spans high-efficiency power modules, rack-level power systems (1MW 800VDC Power Rack, 33kW Power Shelf, 16.5kW BBU Shelf, Ruby M-CRPS 5.5kW), telecom power modules with up to 98% DSP-controlled efficiency, modular CRPS/M-CRPS platforms, AC drives (MV520/MV810/MV820 series from 400W to 400kW), M-series servo systems with 2.1–2.8 kHz bandwidth, PLC/HMI controllers, EV motor controllers, on-board chargers, DCDC converters, super-charging stations, C&I BESS with liquid cooling, three-level BMS architectures, EMS cloud platforms, industrial microwave equipment, digital welding systems, and residential appliance controls. Notable proprietary technologies include DSP control platforms, bi-directional inverter topology for portable power stations, magnetron protection for high-voltage microwave power, and passive equalization for LED backlight. Certifications cover UL, TÜV, CE, ISO26262 SIL3, Medical 60601-1, OCP compliance, and 80 PLUS Ruby through Titanium, enabling qualification for hyperscale datacenter, automotive functional-safety, and medical customers.

The company operates a direct enterprise sales model with regional offices across North America, Europe, and Asia, supported by localized manufacturing (35,000 sq ft facility in Richardson, Dallas; 150-acre Thailand base; Noida India base) to serve global enterprise customers. Megmeet sells primarily via quote-based multi-year B2B contracts to OEMs and system integrators across AI datacenters, EV manufacturers, ESS developers, industrial equipment makers, telecom operators, and consumer electronics brands. Marquee relationships include NVIDIA for 800 VDC AI datacenter architecture, Xiaomi/XGIMI/JMGO/Appotronics for laser display power, and MTC-ranked No. 7 globally in power supply sales in 2022.

Name

Megmeet

Legal name

Shenzhen Megmeet Electrical Co., Ltd

Website

https://en.megmeet.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

251–500 employees

Short description

Shenzhen Megmeet Electrical Co., Ltd is a publicly listed Chinese power electronics and electric automation manufacturer serving AI datacenter, EV, energy storage, industrial automation, telecom, medical, and consumer electronics OEMs across six business groups, with global R&D and manufacturing footprint.

Ownership category

akta.pro rank

Product category

Power Electronics and Industrial Automation

NAICS

Electrical Equipment Manufacturing (33531), Relay and Industrial Control Manufacturing (335314)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Power Conditioners & Voltage Regulators (HDACAJAD)

akta.pro secondary industries

Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB), Automotive ECUs/Control Modules & Embedded Electronics Manufacturing (IMACAJAC), Power Quality, Metering & Monitoring (HDACAJAG)

Keywords

• Power electronics solutions
• Industrial automation systems
• EV charging infrastructure
• Energy storage systems
• Servo motion control

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Solutions: High-efficiency power modules and systems including datacenter power, LED power supplies, industrial enclosed power supplies, telecom power, medical power, and laser power supplies
2. Industrial Automation: AC drives, servo systems, PLCs, HMIs, and motion control products for manufacturing equipment
3. eMobility & EV Infrastructure: EV charging stations, on-board chargers, DC-DC converters, motor controllers, thermal management systems, and EV charging infrastructure
4. PV & ESS & Charging: Battery energy storage systems (BESS), PV inverters, BMS systems, PCS, and energy storage solutions
5. Intelligent Equipment: Industrial microwave equipment, digital welding machines, and electric submersible progressing cavity pumps
6. Precision Connection: FFC (Flexible Flat Cable), coaxial cable, magnet wire, flat wire, and litz wire for signal transmission solutions

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Megmeet designs, manufactures and sells high-efficiency power electronics and electric automation solutions, including AC drives, servo systems, PLCs, EV charging stations, on-board chargers, DC-DC converters, motor controllers, battery energy storage systems (BESS), PV inverters, telecom power modules, industrial enclosed power supplies, laser power supplies and precision connection components. Its six core business groups—Power Solutions, Industrial Automation, eMobility & EV Infrastructure, PV & ESS & Charging, Intelligent Equipment, and Precision Connection—serve OEMs and operators across datacenters, EV, manufacturing, energy and consumer electronics.

Product overview

Megmeet offers a comprehensive portfolio of power electronics, industrial automation, and eMobility solutions organized into six core business groups. The product portfolio spans Power Solutions (datacenter power including 1MW 800VDC racks and CRPS modules, LED/laser power supplies, industrial enclosed power, bi-directional inverters for portable power, PV/ESS/charging), Industrial Automation (AC drives from 400W to 400kW including MV520/MV810/MV820 series, M-series servo systems with 2.1-2.8kHz bandwidth, control systems with PLC/HMI products), eMobility and EV Infrastructure (EV compressors, motor controllers, DCDC converters, charging stations up to 240kW, railway transit power), Intelligent Equipment (industrial microwave for curing/drying/sterilization, digital welding systems, submersible pumping), Residential Appliance Control (HVAC, smart bidets, appliance controls), and Precision Connection (FFC, coaxial cable, magnet/litz wire). The architecture combines modular power electronics platforms with application-specific controllers and software, enabling solutions from consumer devices to megawatt-scale AI datacenter power systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Datacenter and Networking Power Solution

Quantifiable outcome

• 1 MW per rack power capacity for AI datacenter applications
• +4 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• NVIDIAflagshipStrategic or Co-development Partner · 13 October 2025MEGMEET is designing and manufacturing advanced 800 VDC power solutions for NVIDIA MGX architecture AI datacenter platforms. The partnership addresses the power density challenges in AI factories by providing rack-level power architectures that scale beyond conventional 54 V DC designs for mega-watt scale racks supporting next-generation AI computing workloads.
• NVIDIAflagshipStrategic or Co-development Partner · 21 May 2025MEGMEET designing 800 V High Voltage DC (HVDC) data center architecture for NVIDIA Kyber rack-scale systems. Displayed at Computex 2025, the 800 V sidecar solution powers mega-watt scale racks for next-generation AI factories, supporting NVIDIA's vision for 800 V HVDC datacenter architecture.
• AppotronicscoreTechnology or IntegrationLong-term customer partnership for laser power solutions in laser projector applications. Products have been fully verified in market and are preferred in the laser display industry.
• XiaomicoreTechnology or IntegrationStrategic customer for laser power solutions in consumer laser TV and projection products. Partnership has achieved product breakthroughs and market success.
• JMGOcoreTechnology or IntegrationLong-term partner providing laser power solutions for projectors. Products have been market-verified and are preferred in laser display industry.
• XGIMIcoreTechnology or IntegrationCustomer for laser power solutions in home projector applications. Partnership achieved new product breakthroughs since 2015 cooperation.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Vertiv Holdings: Vertiv is a US-based critical digital infrastructure provider specializing in power, cooling, and IT management for datacenters, communication networks, and edge environments. Highly comparable to Megmeet's datacenter power rack, BBU shelf, and CRPS product lines targeting hyperscale AI datacenters.
• Delta Electronics: Delta Electronics is a Taiwan-based global leader in power and thermal management solutions with a comparable portfolio spanning datacenter power, telecom power, industrial automation, EV charging, and renewable energy inverters. Direct competitor across multiple Megmeet segments including CRPS power supplies, BESS, and industrial drives.
• Sungrow Power Supply: Sungrow is a Chinese global leader in PV inverters and energy storage systems with comparable C&I BESS, PCS, and residential ESS offerings. Both companies serve the same PV/ESS market segments with similar product architectures and global expansion strategies.
• Inovance Technology: Inovance is a leading Chinese industrial automation company providing AC drives, servo systems, PLCs, and HMIs across manufacturing applications. Direct competitor in Megmeet's Industrial Automation business group, particularly for CNC, 3C electronics, and lithium battery manufacturing customers.
• Huawei Digital Power: Huawei Digital Power is a business unit of Huawei focused on smart PV, datacom power, and EV charging solutions. Comparable portfolio in datacenter power systems and renewable energy inverters, with growing focus on AI infrastructure power architectures competing directly with Megmeet's NVIDIA partnership.
• Yaskawa Electric: Yaskawa is a Japanese global leader in motion control, servo systems, and industrial robots with high-precision AC drives. Direct competitor in Megmeet's servo system product line (M3/M5/M6 series) for CNC, semiconductor, and precision manufacturing applications.

Broad incumbents

• Eaton Corporation: Eaton is a US-based intelligent power management company serving electrical, industrial, and datacenter markets with UPS systems, power distribution, and energy storage. Comparable to Megmeet's datacenter power and ESS offerings but at much larger scale and with deeper US enterprise relationships.
• Schneider Electric: Schneider Electric is a French multinational specializing in energy management, automation solutions, and datacenter infrastructure. Competes with Megmeet in datacenter power systems and industrial automation but operates at significantly larger scale across multiple end markets.
• Emerson Electric: Emerson Electric is a US-based industrial conglomerate providing automation solutions, power technologies, and climate technologies. Overlaps with Megmeet in power conversion and industrial automation but operates across much broader industrial and consumer markets.
• ABB Ltd: ABB is a Swiss-Swedish multinational providing electrification, motion, and industrial automation solutions globally. Overlaps with Megmeet in drives, motor control, and power conversion but as a much broader industrial conglomerate serving diverse end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Megmeet_ELEC
• YouTubeyoutube.com/channel/UCjrx6mUoM_FGn6YTNd8Xoog
• Facebookfacebook.com/megmeetelectrical
• LinkedInlinkedin.com/company/megmeetelectrical

Compliance25 records

Revenue estimate

Valuation estimate

Number of profiles

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 Megmeet