Faradi Electric Co., Ltd. was established on July 28, 2006, with its registered address located in Xiangyang Industrial Zone, Liushi Town, Yueqing City, Wenzhou City, Zhejiang Province (within Hongbao Electrical Group Co., Ltd.), with Zheng Jurong as the legal representative. Its business scope includes: manufacturing of general items such as distribution switch control equipment, mechanical and electrical equipment, industrial automatic control system devices, electronic components and electromechanical component equipment, transformers, rectifiers, and inductors, rubber product manufacturing, R&D of distribution switch control equipment, sales of intelligent power distribution and control equipment, sales of charging piles, technical services, technical development, technical consultation, technical exchange, technology transfer, and technology promotion; import and export of goods; import and export of technology (except for projects that require approval according to law, business activities are carried out independently based on the business license). Faradi Electrical Co., Ltd. has invested in 5 companies.