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Other002364.SZ

Zhongheng Electric

中恒电气

Leading supplier of HVDC power systems for data centers in China

Headquarters
Hangzhou
Region
Hangzhou
Founded
1996
Stage
Public
01

Overview

Hangzhou Zhongheng Electric Co., Ltd. (002364.SZ), founded in 1996 and listed on the Shenzhen Stock Exchange in 2010, is a digital energy company and the leading domestic supplier of HVDC power distribution for data centers, with roughly 28% market share. It led the drafting of China's national standard for 240V/336V DC power supply systems, and its portfolio spans HVDC systems, Panama and T-train prefabricated power modules, UPS, switchgear and smart charging equipment. Customers include Alibaba, Tencent, Baidu, China Mobile and State Grid. Revenue reached RMB 2.14 billion in 2025.

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Products

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HVDC Power Distribution

240V/336V DC systems with about 28% domestic share

Panama Migratory Power Module

Prefabricated 800V DC power modules for AI data centers

UPS Systems

High-efficiency UPS for critical facilities

Switchgear & Power Distribution

Low-voltage distribution equipment for data centers

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Highlights

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  • 01About 28% domestic market share in data center HVDC power
  • 02Led drafting of the national HVDC power supply standard
  • 03Panama 2.0 / 800V DC modules deployed by Alibaba, Tencent and ByteDance
  • 042025 revenue of RMB 2.14 billion
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People

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Industry chain

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Funding

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Events

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Related projects

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Topics

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Coverage

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Information compiled from public sources; refer to the company's official website for authoritative details.