Shaanxi Herong Electric Group Co., Ltd. China (Mainland)

Shaanxi Herong Electric Group Co., Ltd. (Herong Group for short), is the largest private enterprise in the power compensation industry in China, and ranks the fourth in the same industry. The registered capital of Herong Group is RMB35 million, and total assets are RMB240 million. In 2007, the amount of orders was over RMB240 million, sales amount was RMB170 million, net profit was RMB17 million and taxes was over RMB17 million. Our leading products are EHV, HV capacitors, reactors and high and low voltage reactive power compensation devices. Our annual production capability is 12 million Kvars of shunt capacitors, 3 million Kvars of reactors and 10 thousand discharge coils. Over the years, Herong Group has obtained 3 independent intellectual property rights, 13 National-level new products and 3 projects of the national torch Plan. Our trademark "Sankang" was chosen as the best brand of Shaanxi Province, and assembled shunt capacitors are appraised as Grade A by the Industrial Department of China.