- Business
- Chongqing Hifuture Information Technology Co., Ltd. Chongqing Hifuture Information Technology Co., Ltd. (002168.SZ) engages in the design, manufacture, sale, installation, and provision of electrical distribution network equipment and insulation technology solutions primarily in China and internationally. Founded in 1999 and headquartered in Chongqing, China, following its relocation from Shenzhen in 2023, the company offers high-precision smart meters and data acquisition systems; high- and low-voltage switchgear; customized equipment for distributed energy access; smart energy-saving devices; home and public electric vehicle charging facilities including 7KW AC chargers, 20-360KW integrated stations, 480-960KW charging piles, prefabricated charging stacks, and liquid-cooled terminals; high-voltage pole switches; distribution and cable branch boxes; intelligent power distribution terminals; insulation materials; cable accessories; separable connectors; external bus connectors; and one-stop comprehensive solutions integrating charging, distribution, energy storage, security, and solar systems. It also provides electrical fire prevention and control solutions via real-time monitoring, early warning alarms, intelligent control, and system optimization; smart microgrid implementation and application services; intelligent electrical operation and maintenance using IoT, big data, and AI for monitoring, analysis, remote fault diagnosis, and preventive maintenance; as well as EPC services for photovoltaics and wind power; power transmission and distribution equipment; and involvement in the CNI biomedicine sector. The company, formerly known as Shenzhen Hifuture Information Technology Co., Ltd., became state-owned controlled in 2021 and changed its name in December 2023; recent developments include signing a restructuring financial investment agreement with Zhi'en Biotechnology Co., Ltd. in 2025, acquiring a 51% stake in Ruien Pharmaceuticals earlier that year to bolster pharmaceutical revenue, selling a 30% stake in Chongqing Fengji Intelligence Technology Research Institute Co., Ltd. to Chongqing Dongshu Tongxin Technology Co., Ltd. in September 2025 while retaining 21.72% ownership, and securing bids such as a 47-million-yuan power distribution project.