- Business
- Henan Senyuan Electric Co., Ltd. (002358.SZ) manufactures and sells intelligent high-, medium- and low-voltage power generation, transmission and distribution equipment and components, serving power grids, clean energy generation, rail transportation, petrochemicals, new infrastructure and other sectors. Founded in 1992 and headquartered in Changge, Henan Province, China, the company offers core products including intelligent 500kV and below power generation, transmission, transformation and distribution devices and components; power grid primary and secondary integration products; AC and DC intelligent charging stations; photovoltaic and wind power equipment such as smart box inverters and smart box substations; high- and low-voltage switchgear, circuit breakers, disconnectors, power electronics and intelligent electrical equipment; prefabricated substations; transformers; energy storage systems; general power engineering contracting; intelligent sanitation services; smart property services; municipal, industrial, mining and landscape lighting systems comprising smart streetlights, wind-solar hybrid streetlights and LED fixtures; power quality governance devices; and road cleaning, garbage classification, transportation and snow removal services. Henan Senyuan Electric primarily operates in domestic Chinese markets with customers including State Grid, China Southern Power Grid, Huaneng Group and other central enterprises and state-owned entities. Recent developments include signing a Global Strategy Cooperation Agreement with Xuchang Digital Science; securing major new energy projects from Huaneng Group; actively promoting high-end nuclear power equipment; establishing Qiyun Intelligent Management Property Service Company; achieving record-high monthly bid amounts for State Grid projects; completing national certifications for products like the ZNZ6 indoor high-voltage AC vacuum circuit breaker; winning awards such as the China Machinery Industry Science and Technology Award for environmentally friendly miniaturized dry air insulated enclosed switchgear; and earning recognitions including National Green Factory, National Intellectual Property Demonstration Enterprise, China's top ten charging station innovation enterprise in 2024 and Henan green supply chain management enterprise. In 2025, the company approved a final cash dividend of CNY 0.20 per 10 A shares and continues to expand in new energy vehicle charging, smart poles, low-altitude economy opportunities and carbon neutrality initiatives through enhanced cooperation with key clients.