Sector (GICS)
Information Technology
Newonder Special Electric Co.,Ltd. engages in the research, development, production, and sale of frequency converter transformers, reactors, power transformers, and other transformers in China and internationally. The company offers frequency converter, power, small, marine, and oil-fired transformers for hydrogen energy applications; medium-frequency isolation DC transformers and medium-voltage high-frequency transformers; and dry-type and oil-immersed transformers, including variable frequency speed control. It also provides low and high voltage reactors and energy storage products, such as energy storage cast-in-place transformers, centralized and string energy storage converters, EMS, AC step-up integrated units, industrial and commercial energy storage systems, large-scale energy storage systems, and rapid deployment energy storage systems. In addition, the company engages in trade and commerce activities, scientific research and technical services, and supply of electricity and heat. The company serves wind power, photovoltaic, energy storage, petroleum, chemical, metallurgy, coal, steel rolling, marine engineering, data centers, and other fields. The company was formerly known as Beijing Xinhuadu Special Transformer Co., Ltd. and changed its name to Newonder Special Electric Co.,Ltd. in May 2010. Newonder Special Electric Co.,Ltd. was founded in 1985 and is headquartered in Beijing, China.