Electrical/electronic Manufacturing - , Beijing, China
Hiconics Drive Technology Co., Ltd. is a listed high-tech enterprise specializing in R&D, production and sale of variable frequency drives. Our products include Medium Voltage VFDs, Low Voltage VFDs and Explosion-proof VFDs. Located in the Zhongguancun Science and Technology Park in Beijing, China, Hiconics Drive Technology Co., Ltd. was founded in 2003. In January of 2010 it was officially listed on the Shenzhen Stock Exchange as "Hiconics" (Stock code "300048"), with a registered capitalization of €40.7 million and net assets of €176 million. Hiconics has five wholly owned subsidiaries as well as an innovative laboratory and technical center. Among more than 1,000 employees, 20% are R&D engineers, and 70% have a college education or above. Hiconcis has been named one of the "Top Ten Chinese Variable Frequency Manufactures" 6 years running by China's Electric Age Magazine and had been twice ranked in the "Top 100 SMEs with the most potential" by Forbes China. Beginning in 2006, Hiconics participated in drafting the official national Chinese guidelines for medium voltage VFD production and design. Hiconcis, as an expert in energy conservation technology, has worked diligently to establish a culture of corporate responsibility not only within the company but also in the industry as a whole. In addition to being a leading domestic producer, Hiconics has been markedly successful in overseas markets. Our products are currently used in Russia, Mexico, Brazil, India, Pakistan, Vietnam, Malaysia, North Korea and the Middle East. They have been especially popular in Russia, taking more than 50% of the MV VFD market share. We at Hiconics continue to build on our strong international reputation by making our cost and energy efficient products available to markets worldwide.
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