Wasion Meters Group Limited (“Wasion” or “Wasion Meters”), being a wholly foreign owned company and was listed on the Main Board in Hong Kong in December 2005, is the first overseas listed instruments and meters enterprise in the PRC, which is formed with Changsha Weisheng Electronics Company Limited, Changsha Weisheng Information Technology Company Limited, Hunan Weike Power Meters Company Limited ,Changsha Weisheng Energy Industrial Technology Company Limited and Changsha Weisheng Export and Import Trading Company Limited .
Established in 1993, “Wasion” is the first professional manufacturer, which engaged in the research and development and the manufacturing of multi-functional electronic power meters. Over the last decade, the Company has committed itself to the research and development, production as well as sales of product series such as multi-functional three-phase electronic power meters, single-phase electronic power meters, electric power data collection and management terminal units, electric power integrated management systems, power measurement and management systems (energy saving management) and electric power quality assessing and management units (energy saving technology). Our products are widely used in the power generation, transmission, distribution and usage processes in the power grid and provide strong support on technology, service and product for the modernization of power grid sales and operation as well as the energy management of power-consuming units.
Three-phase multi-functional electronic power meters, power measurement and management systems and terminal units produced by Wasion have dominated the domestic market share for consecutively several years. Modernized integrated electric power management software, including 1,810,000 units of multi-functional three-phase electronic power meters, 100,000 units of data collection and management terminal units, 3,000,000 units of multi-functional single-phase electronic power meters and over 100 units of power management systems, load management systems and energy management (energy saving) systems for large corporations, are currently operating among the power plants, power grids and side hanging nets for users in the People’s Republic of China (“PRC”). Wasion has determined to go global by developing its international market and establishing international cooperation. Its products are sold in various countries around the world and cooperative relationship has been established globally in over 10 regions across Western Europe, Southeast Asia, Central and Northern Africa.
After over 10 years of development, Wasion has acquired extensive experience in the areas of energy measurement and management with the pool of experts in the industry and has the largest research and development team in the industry. The Company strives to become an international professional supplier of energy measurement and management equipment and is equipped with integrated solution on electricity, water and gas. It has successfully launched the largest integrated electricity, water and gas engineering project in the PRC, i.e. the IC Card Electricity, Water and gas Power Management System for China FAW Group