I. Company Overview

Nanjing Oulu Electric Co., Ltd. (Stock Code: 871415) was founded in 2007 and is headquartered in Nanjing, Jiangsu Province. We are a National High-Tech Enterprise and a National-level Specialized & Innovative "Little Giant" Enterprise (the highest-level recognition for high-quality manufacturing enterprises awarded by the Ministry of Industry and Information Technology of China). Integrating R&D, production, sales, and service, the company has deeply cultivated the fields of industrial automation drive control and new energy microgrid power generation, and is committed to providing global customers with energy-efficient electrical drive control and new energy power supply integrated solutions.

At a Glance

• Founded: 2007 (nearly 20 years of industry experience)

• Registered Capital: 71.12 million RMB

• Listing Status: Listed on the NEEQ (2017), entered the Innovation Layer in 2024

• Employees: Approximately 200, with R&D/production personnel accounting for over 50%

• Production Base: 42,000㎡ land area, 50,000㎡ building area

• Independent Intellectual Property: Over 140 items (patents, software copyrights, integrated circuits)

• Overseas Markets: Products exported to 50+ countries and regions

• Growth Performance: Sales growth exceeding 30% for 4 consecutive years

• 2025 Revenue: 289 million RMB (57% year-on-year growth)

II. Milestones

Nearly two decades of dedication, from product establishment to capital empowerment, and then to the leap of specialized & innovative excellence:

• 2007: Company founded; industrial VFDs developed and mass-produced

• 2009: Entered the new energy sector; small and medium-sized wind turbine / PV inverters put into production

• 2013: Passed National High-Tech Enterprise certification; approved as a provincial engineering technology research center

• 2015: Introduced strategic investment; established Zhongzhi Electric as a wholly-owned subsidiary

• 2016: Overall restructuring into a joint-stock company; became a qualified supplier of Sinopec

• 2017: Listed on the NEEQ (Stock Code: 871415)

• 2018: Registered capital increased to 71.12 million RMB; obtained supplier qualification from three major telecom operators

• 2020: 50,000㎡ new production base fully operational; approved as a postdoctoral innovation practice base

• 2021: Awarded National-level Specialized & Innovative "Little Giant" Enterprise

• 2024: Entered the NEEQ Innovation Layer; servo motors obtained Class 1 energy efficiency certification

• 2025: Revenue reached 289 million RMB, a 57% year-on-year increase

III. Our Culture

• Mission: Improve energy utilization efficiency and optimize industrial manufacturing productivity

• Vision: Become a core supplier in the new energy and industrial automation sectors

• Business Philosophy: Integrity and Virtue · Excellence through Precision

• Core Values: Teamwork, Continuous Innovation, Responsibility, Win-Win Cooperation

• Quality Policy: Quality First · Safe and Reliable · Customer Oriented · Continuous Improvement

IV. Employees & Social Responsibility

The company adheres to a "people-oriented" approach and has been awarded the "National Model Staff Home." Using the staff home as a platform, we conduct skills training and cultural & sports activities.

In terms of social responsibility, the company has continuously participated in local public welfare since 2013, including visits to disadvantaged families, nursing home visits, and financial aid for impoverished students. In 2014, we sponsored electric vehicle operations for the Youth Olympic Games and donated disaster relief supplies to Minxian County, Gansu Province. In 2020, we donated epidemic prevention supplies to support COVID-19 prevention and control.

V. Key Partners

We have established extensive cooperative relationships with leading enterprises globally and domestically:

Telecom Operators

China Tower, China Mobile, China Telecom, China Unicom

Power Grid Enterprises

State Grid of China, Inner Mongolia Power Grid

Energy Groups

China Huaneng, China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec)

PV & Energy Storage

LONGi Green Energy, CATL, Gotion High-Tech, EVE Energy, Trina Solar, JinkoSolar, JA Solar, REPT Battero, Chnland Power, Penghui Energy, Shuangdeng Group

Power Semiconductors

Starpower Semiconductor, Yangjie Technology

Equipment Manufacturing

Shanghai Electric

Steel Manufacturing

Nanjing Iron & Steel Co., Ltd.

Communications Technology

Huawei

Universities & Research

Nanjing University of Science and Technology, Southeast University, Nanjing Vocational University of Industry Technology

VI. Honors & Awards

National-Level Recognitions

• National-level Specialized & Innovative "Little Giant" Enterprise (awarded in 2021, passed re-evaluation in 2024) — the highest-level recognition for high-quality manufacturing enterprises awarded by the Ministry of Industry and Information Technology of China

• National High-Tech Enterprise (certified in 2013, continuously maintained)

Provincial & Municipal Level

• Jiangsu Province Specialized & Innovative SME, Jiangsu Province Service-Oriented Manufacturing Demonstration Enterprise, Jiangsu Province Credit Management Demonstration Enterprise

• Nanjing Gazelle Enterprise (2025), Nanjing Top 100 Outstanding Private Enterprise

• Nanjing Liuhe District Mayor's Quality Award (2024)

Industry & Customer Recognition

• 2024 High-Quality Energy Storage Enterprise

• China Tower Tibet Branch "Excellent Partner" (2025)

• China Mobile Tibet Shannan Branch Excellent Cooperation Unit

• National Model Staff Home