Sanxing Electric

What Sanxing Electric does

Sanxing Electric (Ningbo Sanxing Smart Electric Co., Ltd.) is a Ningbo-headquartered Chinese manufacturer of smart electricity meters, AMI (Advanced Metering Infrastructure) systems, and EV charging equipment, operating as a wholly owned subsidiary of publicly listed Ningbo Sanxing Medical Electric Co., Ltd. (Shanghai Stock Exchange: 601567.SH) within the AUX Group conglomerate. The company has been certified by Frost & Sullivan as Global No.1 in smart meter sales for five consecutive years (2020-2024) and serves electric utilities, grid operators, and EV charging network operators across 70+ countries via 9-10 manufacturing centers (3 in Ningbo plus bases in Brazil, Indonesia, Poland, Germany, Mexico, and Kenya) and 4 R&D centers in China.

The company's core technology stack centers on multi-protocol smart meters supporting PLC (G3-PLC, HPLC, BPLC), RF, NB-IoT, LTE-M, Wi-SUN, and 4G/3G/GPRS communication, paired with proprietary Sanplat HES (Head-End System) and SX Network Management System software. The product portfolio spans residential and commercial smart meters (U16/U18, U26/U28, S01/S02, ANSI, Classical series), prepaid and split-meter variants, Data Concentrator Units, Customer Interface Units, photovoltaic meters, and an EV charging line ranging from 7kW AC wallboxes to 400kW HPC DC fast chargers with dynamic load balancing. Adjacent offerings include power distribution transformers (including a newly launched Smart Transformer), switchgear, prefabricated substations, and photovoltaic/energy storage inverters, enabling a one-stop power-chain positioning.

Sanxing generates revenue predominantly through hardware sales to large enterprise and government utility customers via direct enterprise sales teams and dedicated project teams (Sales Project Manager, Solution Technical Manager, Delivery Manager). Distribution is executed through wholly-owned overseas subsidiaries (Nansen in Brazil/Colombia, EasyMeter in Germany, CitraSanxing in Indonesia, Foxytech in Poland, Sanxing Kenya, plus a Mexico entity), with select channel partners (e.g., Mojec in Nigeria, Schneider and Telenor in Sweden). Pricing is not publicly disclosed; customers pursue quotes via tenders or local subsidiaries. Marquee customers include State Grid China and China Southern Power Grid (110M+ cumulative meters installed), Saudi Electricity Company (2.5M meters), Sweden's national program (1M meters), COPEL Brazil (600K+ meters), and Nigerian utilities (1M+ products to 8 utilities).

Name

Sanxing Electric

Legal name

Ningbo Sanxing Smart Electric Co., Ltd.

Website

https://sanxingelectric.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Sanxing Electric is a Ningbo, China-based global No.1 smart meter manufacturer (Frost & Sullivan, 2020-2024) serving electric utilities, grid operators, and EV charging customers across 70+ countries via multi-protocol meters, AMI systems, and DC/AC EV chargers produced across 9 manufacturing centers.

Ownership category

akta.pro rank

Product category

Smart Electricity Meters

NAICS

Electrical Equipment Manufacturing (3353), Power, Distribution, and Specialty Transformer Manufacturing (335311), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Current-Carrying Wiring Device Manufacturing (335931)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613), Power, Distribution & Specialty Transformers (3612), Electrical Industrial Apparatus (3620)

akta.pro primary industry

AMI Smart Meters (Electric) & Meter Hardware (EUADAFAA)

akta.pro secondary industries

EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF), Meter Installation, Exchange & Field Services (EUADAFAF), Wiring Devices & Receptacles (switches, sockets, plugs, industrial outlets, pin & sleeve) (IMAGAEAF), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA)

Keywords

• Smart electricity meters
• Advanced metering infrastructure
• EV charging stations
• Power distribution equipment
• Photovoltaic inverters

Headquarters

HQ city

Ningbo

HQ country

China

HQ region

Asia

Offices13 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 Meter Products: Sale of smart electricity meters including single-phase, three-phase, prepayment, ANSI, and classical meters to utilities and governments worldwide. Revenue generated through product sales contracts, government tenders, and utility procurement programs.
2. EV Charging Solutions: Sale of DC and AC EV charging stations (residential, commercial, and industrial) across multiple power ratings. Products include HPC Series (240-400kW), ALL-IN-ONE Series (60-240kW), Wallbox Pro/Max AC chargers (7-22kW).
3. AMI System Solutions: Integrated AMI solutions including HES (Head-End System), MDM (Meter Data Management), NMS (Network Management System), and communication infrastructure. Revenue from system deployment, integration services, and ongoing support.
4. Power Distribution Equipment: Transformers, switchgear, prefabricated substations, ring main units for power distribution. Sold primarily to state-owned power generation enterprises and utilities.
5. Photovoltaic / Renewable Energy Solutions: Photovoltaic grid-connected inverters, energy storage inverters, battery packs for solar and energy storage systems. Part of broader power chain solutions.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

SANXING Electric designs, manufactures, and globally supplies smart electricity meters, AMI (Advanced Metering Infrastructure) systems, EV charging stations (DC and AC), photovoltaic meters, and power distribution equipment (including transformers and switchgear). It sells directly to electric utilities, state-owned grid operators, and large infrastructure projects across more than 70 countries, supported by 10 manufacturing centers and 4 R&D centers.

Product overview

Sanxing Electric offers an integrated smart energy management portfolio combining smart metering and EV charging solutions. The core smart meter product lines include U16/U18, U26/U28, S01/S02, and U18 High Accuracy series for residential, commercial, and industrial applications, available as standard, prepaid, ANSI, and classical variants. These meters connect through interchangeable cellular (4G/3G/GPRS) and wired (G3-PLC/HPLC) communication modules. Supporting infrastructure includes Data Concentrator Units (DCU) for AMI systems, Customer Interface Units (CIU) for prepaid operations, and Photovoltaic Meters for solar installations. The EV charging lineup spans DC chargers (SXDCY12-HPC, ALL-IN-ONE, Multi Charge, HPC Series at 60-400kW) and AC chargers (Wallbox Pro/Max Series up to 22kW). Solutions layer on top includes AMI, Wi-SUN, Prepayment, Charging Station, and Dynamic Load Balance solutions. The company operates in over 70 countries with manufacturing bases across China, Brazil, Indonesia, Poland, Germany, Mexico, and Kenya.

Differentiator

Problem solved

Functional benefit

Products and services

• U16/U18 Series Smart Meter Residential and commercial smart electricity meters supporting DLMS Security Suite 0/1/2 encryption, anti-tampering functions, and flexible modular communication design (RF, PLC, 4G/3G/GPRS modules). Can collect data from gas, water, and heat meters.
• U26/U28 Series Smart Meter New-generation smart meter platform focused on miniaturization, intelligence, and customization. Supports interchangeable modules including GPRS/3G/4G, RF, NB-IoT/LTE-M, G3-PLC, HPLC, and PRIME-PLC, complying with DIN or BS standards.
• S01/S02 Series Smart Meter Anti-tampering meters with immunity to strong magnetic fields, punishment measurement capability, and flexible module options (RF, PLC, 4G/3G/GPRS). AES128 encryption and BS standard compliance.
• U18 High Accuracy (0.2S) Meter 3-phase 4-wire CTV meters for LV/HV power grid networks with accuracy up to Class 0.2S. Features bi-directional measurement, four quadrants operation, and separate fundamental and harmonic registers.
• U01/U02/U03 Series Classical Meter Low-cost meters for industrial, commercial, and residential customers with optical communication, IEC62056-21/DLMS protocol, anti-tampering functions, and up to 4 tariffs.
• ANSI Series Meter Meters complying with ANSI C12.10 Standard supporting DLMS or ANSI C12.18/19/22 protocols. Features bi-directional measurement, power quality monitoring, and flexible modular design with RF or 4G/3G/GPRS options.
• Prepaid Meter Series (STS Standard) Family of STS standard-based prepaid meters for residential customers, including integrated keypad (U16/U18), split (U16/U18, U02/U86), DIN-rail (G01/G04), single-phase DLMS/STS2.0 (S12U26), and low-cost CPU-card (P12U02) variants. All support AMI system connectivity, anti-tampering, and CIU-based data query/recharge.
• Data Concentrator Unit (DCU SX5D1-AEOT-14) AMI system gateway device with edge computing and storage capability. Collects data from electric, gas, heat, and water meters; uplink supports multiple remote communication technologies; downlink supports PLC/RF/RS485.
• N34G12 / N34G12-CT Photovoltaic Meter Bidirectional energy meters for photovoltaic systems with specialized metering chips, high precision (Class 1), RS485 communication, and Modbus RTU compliance.
• DC Charger HPC Series (240–400 kW) 240–400 kW high-power DC chargers with dual connector support, 95% efficiency, -30°C to 55°C operating range, and APP/cashless payment operation. Includes the SXDCY12-HPC 400 kW flagship model.
• DC Charger ALL-IN-ONE Series DC chargers using 30/40 kW constant power modules with smart power allocation, IP55 protection, and support for Ethernet, 4G, Wi-Fi connectivity.
• DC Charger Multi Charge Series (60–240 kW) 60–240 kW DC chargers with multi-connector support (CCS1, GBT), wide AC input range (380–480 V), and UL-certified power module.
• AC Charger Wallbox Pro Series (up to 22 kW) AC wallbox chargers up to 22 kW with RFID and Plug & Charge, WiFi/4G/Ethernet/Bluetooth connectivity, IP55 protection, and Type A+ DC6mA residual current protection.
• AC Charger Wallbox Max Series (dual 22 kW) Dual-output AC chargers up to 2x22 kW with cloud platform management, remote fault diagnosis, and optional Type 2 socket/cable.
• AMI Solution Advanced Metering Infrastructure solution enabling real-time collection and online monitoring of power consumption and payment status, replacing manual meter reading with automated data acquisition.
• Wi-SUN Solution Wi-SUN communication-based smart metering solution for AMI deployment with mesh networking capabilities.
• Prepayment Solution Prepaid metering solution supporting STS standard, keypad-based recharge, and offline operation modes.
• Charging Station Solution EV charging station solution combining PV generation, energy storage, and fast charging technology for optimized energy management.
• Dynamic Load Balance Solution EV charging load management solution that automatically adjusts charger current by monitoring real-time power consumption to optimize grid capacity.
• Smart Transformer Innovative power distribution solution integrating intelligent technologies for enhanced grid intelligence and operational efficiency, designed for power distribution utilities.

Quantifiable outcome

• 99.5%/72H data collection rate achieved in Sweden's national smart meter project with 1 million meters
• +9 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core, strategic and minor.

• COPEL (Companhia Paranaense de Energia)coreStrategic or Co-development Partner · 27 April 2026Partnership with local subsidiary Nansen to complete replacement of over 600,000 conventional electricity meters with smart meters in Paraná, Brazil. Also partnered with Eletromil and Eleng for project implementation. Project completed in approximately 13 months, benefiting over 2 million end users.
• China Electricity Development Promotion Council — Measurement Perception and Data Fusion Application CommitteestrategicStrategic or Co-development Partner · 26 December 2024SANXING attended as vice-chair member at the Inaugural Conference of the Measurement Perception and Data Fusion Application Committee under the China Electricity Development Promotion Council. Vice President of R&D Zhou Weiguang delivered a keynote speech on global AMI practices.
• Huawei / ELDER-Elektrik Dagitim Hizmetleri Dernegi (Turkey)strategicStrategic or Co-development Partner · 4 September 2024SANXING was invited to attend the 'Thrive with Digital, Accelerating Intelligence for Electric Power' summit jointly organized by Huawei and ELDER in Istanbul, Turkey. CEO Steven Chen and Overseas General Manager Carl Zuo represented SANXING. Carl Zuo delivered a presentation on 'AMI Opportunities and Challenges of Smart Grid.'
• Schneider Electric (Sweden project)coreChannel Partner/ Reseller/ Distributor · 1 January 2019Schneider Electric served as subcontractor alongside Telenor for the Sweden national smart meter rotation project. SANXING was the main contractor supplying 1 million smart meters. Schneider and Telenor handled installation and telecommunications respectively.
• Telenor (Sweden project)minorChannel Partner/ Reseller/ Distributor · 1 January 2019Telenor served as telecommunications subcontractor for the Sweden national smart meter project, providing network infrastructure support.
• Mojec (Nigeria)coreStrategic or Co-development Partner · 1 January 2016Partnership with Nigeria's leading local metering manufacturer Mojec since 2016. Successfully delivered over 1 million products to 8 power utilities in Nigeria, with 4 incorporating SANXING's AMI system. Together won 4 lots of Nigeria WB international bidding project (largest turnkey project in Africa) in 2023-2024.
• NARI (Saudi Arabia)coreTechnology or IntegrationNARI is a technology partner/integrator for the Saudi Arabia smart metering project, working with SANXING's smart meter deployment for Saudi Electricity Company (SEC). The project covers 2.5 million smart meters.
• Saudi Electricity Company (SEC)coreStrategic or Co-development PartnerSANXING deployed millions of smart meters for SEC as part of Saudi Arabia's national smart metering project, implementing AMI infrastructure with two-way communication, advanced data management, and customer engagement platforms.
• Nansen (Colombia/Brazil subsidiary)coreStrategic or Co-development PartnerNANSEN is SANXING's subsidiary operating in Colombia and Brazil. NANSEN Colombia served as Gold partner at FISE 2025 in Cali. Technical Manager William Toro presented on AMI innovation. NANSEN partnered with COPEL on Brazil's 600,000+ smart meter deployment.
• Eletromil (Brazil)minorImplementation/ SI/ Consulting PartnerPartnered with SANXING and Eleng on the COPEL smart meter replacement project in Brazil, handling installation and project implementation.
• Eleng (Brazil)minorImplementation/ SI/ Consulting PartnerPartnered with SANXING and Eletromil on the COPEL smart meter replacement project in Brazil, handling installation and project implementation.
• AUX GroupcoreStrategic or Co-development PartnerSANXING is a wholly owned subsidiary of Ningbo Sanxing Medical Electric Co., Ltd. (601567.SH), which operates under the umbrella of AUX Group, a Fortune 500 company in China. AUX Group provides strategic direction, resources, and shared services including manufacturing facilities, R&D infrastructure, and compliance frameworks.

Scale indicators18 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Itron: US-listed global smart meter, AMI, and grid-edge intelligence vendor serving electric, gas, and water utilities. Competes with Sanxing in North America, Europe, and emerging markets on AMI deployments; similar business model of hardware + managed services.
• Landis+Gyr: Swiss-listed global leader in smart metering and AMI solutions for utilities. Directly competes with Sanxing on multi-million-unit AMI tenders (utilities, two-way comms, MDM/HES) across Europe, Americas, and Asia. Closest analog to Sanxing's global No.1 ambition in smart meters.
• Sagemcom: French-headquartered smart meter and AMI vendor serving European utilities (e.g., Linky in France via consortium). Competes with Sanxing on European tenders (Sweden, Germany) on multi-protocol AMI, prepayment, and DLMS-based meter platforms.
• Hexing Electrical: Chinese smart electricity meter manufacturer with strong overseas focus in Africa, Southeast Asia, and South America—a geographic direct competitor to Sanxing in markets like Nigeria, Indonesia, and Brazil. Offers comparable AMI and prepaid product families.
• Jiangsu Linyang Energy: Chinese smart meter and energy management solutions provider listed in Shanghai. Competes with Sanxing on State Grid tenders and overseas utility projects, with comparable product lines covering AMI, prepay, and communication modules.
• EDMI (Sembcorp Industries): Singapore-headquartered smart metering vendor serving Asia-Pacific and Middle East utilities. Competes with Sanxing in markets like Saudi Arabia, Indonesia, and Australia on AMI hardware and MDM systems.
• Wasion Group: Hong Kong-listed Chinese smart meter manufacturer and a principal domestic rival to Sanxing in State Grid tenders. Competes head-to-head in AMI hardware, prepaid meters, and AMI system integration, particularly within China and Belt-and-Road utility projects.
• Holley Technology: Chinese smart meter and energy IoT manufacturer publicly listed in Shanghai, focused on electric, water, and gas metering. Direct Chinese-market competitor to Sanxing on State Grid and Southern Power Grid tenders with similar product breadth across AMI and prepayment.

Others

• Schneider Electric: Global electrical equipment and industrial automation major. While Schneider primarily competes in power distribution and EV charging rather than pure-play metering, it is a partner/subcontractor on Sanxing's Sweden national smart meter project and a vendor in adjacent product lines (transformers, EV chargers).

Emerging players

• ABB E-mobility: Global DC fast charging and AC charger provider serving CPOs and utilities. Competes with Sanxing's EV charging lineup (HPC, ALL-IN-ONE, Wallbox) in commercial and utility-scale deployments, particularly in Europe and Asia where ABB has established installer relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sanxing-electric

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 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 Sanxing Electric