- Business
- Genbyte Technology Inc. (003028.SZ) manufactures and sells electronic intelligent controllers and related products primarily in China. The company offers intelligent controllers for household appliances including inverter refrigerators, air conditioners, heat pumps, fresh air fans, coffee machines, mixers, hair dryers, floor scrubbers, air fryers and ovens; automotive electronics such as vehicle variable frequency air conditioning controllers, gas fridge controllers, vehicle fridge controllers, variable frequency compressor drivers, inverters, vehicle heating thermostats; power tools leveraging direct current brushless motors and battery management systems; robotics encompassing mowers, cleaners and cleaning robots based on IMU inertial navigation and odometer algorithms; medical electronics including medical cart and refrigerator controllers; new energy products comprising energy storage systems, home and portable energy storage, network power supplies, bidirectional inverters, micro inverters, variable frequency drives, digital power supplies and intelligent IoT modules; as well as miscellaneous items like high-speed hair dryers and straighteners. Founded in 1999 and headquartered in Shenzhen, China, at Huahong Xintong Industrial Park, Genbyte provides comprehensive intelligent hardware, software and system control integration solutions to leading domestic and international customers including Midea, Hisense, BMW, Nestle and Shark Ninja, with operations spanning smart manufacturing facilities including a Vietnam production base for enhanced overseas delivery. In recent developments, the company expanded its power tools segment with 70.09% year-on-year revenue growth in 2024 driven by global electrification trends and Vietnam base scaling; achieved overall revenue growth of 14.37% to 1.402 billion yuan in 2024 amid intelligent appliance and new energy demand; established a real estate subsidiary; and continued R&D investments in AI integration, large models and bidirectional LLC converter technologies while maintaining certifications as a national high-tech enterprise and Shenzhen innovation leader.