Willfar Information Technology Co., Ltd. (688100.SS) develops, manufactures and sells smart metering and energy management solutions for electricity, water, gas and heat utilities in China and internationally. Founded in 2004 and headquartered in Changsha, Hunan Province, China, the company, a subsidiary of Wasion Holdings Limited, offers electricity, water, gas and heat metering products; meters for power distribution; power quality monitoring equipment; energy data concentrators; relay protection equipment; switchgear products; metering automation systems; EV charging stations; power monitoring systems; data concentrator units; integrated power solutions; communication modules; energy efficiency management platforms; head-end systems; smart vending solutions; intelligent street lighting; and related application systems and services covering energy production, distribution, transmission and consumption. Willfar operates in nearly 70 countries and regions with 36 service outlets in China and eight overseas offices. In 2025, the company secured multiple large contracts including 89.9 million yuan in projects in October and 286.8 million yuan in bids for metering equipment and electrical transformers in earlier periods; opened new factories in Indonesia and Malaysia in April; obtained product certifications across Asia, Europe and North America; and launched 12 new products integrating digital twin technology, communication chips and AI for digital grids and smart cities. Listed on the Shanghai Stock Exchange STAR Market in December 2020, Willfar employs around 859 people with a strong focus on R&D, holding 396 patents and contributing to 15 national industry standards.