Shanghai Hi-Tech Control System Co., Ltd (002184.SZ) principally engages in industrial electrical automation, industrial information technology, and new energy businesses in China. The company provides programmable logic controllers and systems; numerical control systems; industrial automation software; Ethernet products; intelligent instruments; alternating current and direct current speed-regulating devices; soft starters; contactors; motor protection products; man-machine-dialog components; industrial controlling cabinets; remote monitoring software and servers; wholesale distribution and technical services for industrial automation, electronic, and electric products; comprehensive product and solution services; supply chain services; intelligent manufacturing products, solutions, and services; high-end special power electronics equipment and system services for new energy power and energy storage industries such as wind power and solar power; and research, development, and production of technology products for new energy sectors. Founded in 1994 and headquartered at Caohejing Pujiang Hi-Tech Park in Shanghai, China, it primarily serves domestic markets with a focus on Shanghai and Jiangsu provinces while operating through subsidiaries including HITE Electric Technology Co., Ltd. and HITE Renewable Energy. In 2023, the company agreed to acquire a 75% stake in Shanghai Thinkstart Automation Technology Co., Ltd. for CNY 1.5 billion through a combination of cash and share issuance, a transaction approved by shareholders in June 2023 and cleared for anti-monopoly review in July 2023, enhancing its automation capabilities with the target's CNY 2.3 billion revenue and CNY 115.59 million net profit in 2022.