China

Hangzhou System Technology Co., Ltd. was founded with a registered capital of CNY 3 million.

System Technology established its Shenzhen branch.

From 2013 to 2019, the research and development of permanent magnet synchronous motors and servo motor drives were mainly used in tools, water pumps, refrigerators, treadmills and other fields.

Achieved cumulative sales of CNY 10 million in that year.

Cumulative sales exceeded CNY 30 million.

Successfully passed the first audit oftheTS16949 automotive industry qualitymanagement system

Successfully passed the first audit of the TS16949 automotive industry quality management system.

Increased registered capital to CNY 10 million.

System solution shipments surpassed 350,000 units in that month.

Successfully passed the TS16949 and ISO9002 system re-assessment.

Passed the re-assessment for High-tech Enterprise certification.

Achieved cumulative sales of over CNY 50 million.

Re-certified as a High-tech Enterprise.

Passed software safety evaluation certification for garden tools.

Increased registered capital to CNY 18 million.

Acquired ten software copyrights and four invention patents in the field of motor control.

Entered the supplier network of several world-class international companies and established a branch in Wenling.

Motor control sales exceeded CNY 50 million.

Successfully passed ISO9001:2015 system audit.

Obtained 2 invention patents, 5 utility model patents, and 6 software copyrights.

Relocated office to 1401, 14th Floor, Xihu Advertising Tower, No. 18 Xiyuan 1st Road, Xihu District, Hangzhou, due to business expansion.

Received Zhejiang Province’s Small and Medium-sized Tech Enterprise certification, Hangzhou High-tech R&D Center certificate, and recognized as a 2018 Gazelle Enterprise. Also awarded the China Electronics Energy-saving Technology Agreement Honor Certificate and named a National Energy-saving and Environmental Protection Product Technical Innovation Enterprise.

Achieved 2 design patents, 6 utility model patents, 1 software copyright, and launched the MES system. ISO9001 system re-assessment was successfully completed, with products penetrating top international companies like TTI and Black & Decker.

Total sales reached 2.1 million motor controllers.

Successfully passed the National High-tech Enterprise re-assessment.

Obtained 4 design patents, 8 utility model patents, and 1 software copyright.

Approved by Zhejiang Province as a research center.

Achieved production and shipment of 3.5 million controllers.

Registered capital increased to CNY 20.46 million.

Obtained 1 invention patent, 6 software copyrights, 6 design patents, and 3 utility model patents.

Honored as a 2020 Gazelle Enterprise and Software Enterprise certificate recipient, and passed Intellectual Property Management System certification.

Successfully passed the GB/T24001-2016 Environmental Management System, ISO45001-2018 Occupational Health and Safety Management System, and other quality management systems.

Received ISO9001 Quality Management System Certification and the 2021 Gazelle Enterprise certificate.

Obtained 2 invention patents, 9 software copyrights, 4 design patents, and 11 utility model patents.

Awarded the National Fluid Equipment Technology Innovation Award, nominated for the Binjiang District Government Quality Award, received Intellectual Property Management System certification, and obtained the Zhejiang Province "Specialized, Refined, Unique, and New" certificate.

Received 1 invention patent, 9 software copyrights, 7 design patents, and 4 utility model patents.

Awarded the "Specialized, Refined, Unique, and New Small Giant" certificate, the 2023 High-tech Enterprise certificate, Zhejiang Province A-level "Contract-Abiding and Creditworthy" enterprise, Hangzhou Patent Demonstration Enterprise, and 2023 Gazelle Enterprise recognition.

Established a production facility in Thailand.

Obtained 6 invention patents, 8 software copyrights, 11 design patents, and 2 utility model patents.