Wasion Holdings: A Smart Grid Winner with Rising Revenue

MilkTeaBro
08-25

Wasion Holdings is a leading enterprise in the energy metering and energy efficiency management segments. 

While maintaining a stable domestic market share in China, it has achieved multi-point expansion overseas, with both revenue and profit maintaining high-speed growth. 

In 2024, overseas market revenue reached 2.397 billion yuan, a year-on-year increase of 50%, accounting for 27% of the company's revenue, achieving a balanced layout in the Asian, African, European, and American markets. The company continuously optimizes the structure of centralized bidding and procurement business in China and explores new markets. It continues to win bids for substation projects at the State Grid headquarters, with some new products winning bids for the first time, while also exploring the China Northwest market. 

Wasion Holdings is a winner in the new energy smart grid sector, and the trend is clearly upward.

Note: I live in Singapore HDB flat, the electricity power metre has been replaced two times in recent years. The latest brand is Itron which is Wasion' customer. It is very common that Chinese company manufacture products on behalf of international Brand. 

$WASION HOLDINGS(03393)$  

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Comments

  • dong123
    08-25
    dong123
    Exciting insights on Wasion Holdings
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