- Business
- Chung-Hsin Electric and Machinery Manufacturing Corp. (CHEM) manufactures and sells electric motors, generators and heavy electrical equipment, with operations spanning power equipment, engineering services, parking management and new energy solutions. The company produces gas-insulated switchgear (GIS), medium-voltage switchgear, booster and substations, power automation systems, electricity meters, central air conditioning and refrigeration systems, generators, electronic meters, fuel cell products, smart microgrids, precision-machined components including aerospace and semiconductor parts, aluminum casting parts for high-voltage power supply equipment, pressure vessels, power distribution boxes and control systems; it also provides system engineering for power transmission and distribution, electrical pipeline installation, wind, hydro and solar power generation projects, energy storage, turnkey substations, incinerators, pollution control, property development, leasing and sales, as well as parking lot planning, management and charging station operations. Founded in 1956 and headquartered in Taoyuan City, Taiwan, CHEM primarily serves domestic markets with growing international exports to the United States, Thailand and India, targeting utilities, industrial clients, SMEs and public infrastructure in the power generation, transmission, distribution and renewable energy sectors. In recent developments, the company expanded GIS manufacturing capacity from two to nine plants to support Taiwan Power Company's Resilient Grid Plan, secured NT$30 billion in new green energy engineering and equipment orders in 2024 with a total order backlog of NT$41 billion, partnered with Plug Power for 5kW ProGen hydrogen engines integrated into stationary power products, collaborated with Tunglit Logistics for hydrogen power generation, deployed hydrogen power modules in Taiwan's largest public bus fleet by end-2024 with expansions planned for Thailand and India in 2025, won contracts for green power charging stations on 16 Taiwanese highways and the Tainan Qigu 216 MW solar project, began U.S. shipments of power equipment via partnerships with Taiwanese transformer manufacturers, and advanced diversification into battery energy storage systems (BESS), hydrogen backup power and energy management systems (EMS) alongside ongoing investments in offshore wind and solar power plants.