Wasion Group

Wasion Group Holdings Limited operates as a comprehensive provider of solutions for energy metering and energy efficiency management, primarily in China but with a growing international footprint. The company was founded in 2000 by Chairman Ji Wei, who brought experience from his prior roles in import and export with Hunan Province Minerals Import and Export Company and Hunan International Economic Development (Group) Company. A significant milestone for the firm was its listing on the Main Board of the Stock Exchange of Hong Kong in December 2005, making it the first Chinese company in its sector to be listed overseas.

The group's business is structured into three main segments: Power Advanced Metering Infrastructure (AMI), Communication and Fluid AMI, and Advanced Distribution Operations (ADO). The Power AMI segment focuses on smart power meters and system solutions. The Communication and Fluid AMI segment develops communication terminals and metering products for water, gas, and heat, utilizing IoT technology to reshape energy management. The ADO segment manufactures and sells smart power distribution devices and provides corresponding energy efficiency solutions. This diverse portfolio allows Wasion to serve a broad client base, including energy supply industries (electricity, water, gas, heat), large-scale public infrastructure, and industrial sectors like petroleum, chemical, and manufacturing.

Wasion's product offerings are extensive, covering smart meters for electricity, water, and gas, as well as energy data collection terminals, load management devices, and measurement automation systems. In the advanced distribution and energy efficiency sector, its solutions include new energy storage systems, high- and low-voltage equipment, and industrial automation. The company holds a significant domestic market share of over 20% for high-end metering products. A notable corporate development occurred in January 2020, when its subsidiary, Willfar Information Technology, was listed on the Shanghai Stock Exchange's STAR Market. Wasion has also expanded internationally, establishing production lines and bases in countries such as Mexico, Brazil, Tanzania, and Hungary to support its global strategy.

Keywords: energy metering, energy efficiency management, advanced metering infrastructure, smart meters, smart grid, advanced distribution operations, power distribution, energy data collection, IoT energy management, smart water meters, smart gas meters, energy storage systems, Wasion Holdings, Ji Wei, public utility solutions, industrial energy, energy data mining, electrical components, utility metering, international energy solutions