Founded in 2003, under Fortune 500 company – Midea Group's Industrial Technology Business Group (MITBG)
Founded in 2003 in Beijing, Hiconics is a high-tech enterprise specializing in the R&D, production, and sales of MV and LV high-power Variable Frequency Drive (VFD). In January of 2010. it was officially listed on the Shenzhen Stock Exchange as "Hiconics eco-energy” (stock code "300048"). In April 2020, Midea Group acquired Hiconics.
Hiconics products cover industrial automation, energy conservation and environmental protection, etc., and are widely used in electric power, metallurgy, mining, cement, petroleum, municipal engineering, elevator, machine tool, plastics, new energy vehicle, rail transit, environmental protection, PV, port shore power, hydropower, and other industries.
Researchers and developers account for about 29.17% of total employees
2 major R&D centers, 2 major VFD manufacturing bases,
Hiconics and our wholly-owned subsidiaries have obtained 77 software copyrights and 200 related patent certificates.
Up to now, the performance of medium voltage inverter has exceeded 18000 sets.
To maintain our core technology competitiveness, Hiconics continues to invest significant scientific research resources for technological innovation, talent introduction and talent training. Relying on Midea Group's multi-level R&D system architecture, Hiconics implements a four-level R&D system involving prior research, common technology, individual technology and product development in terms of R&D content, providing the company with R&D support for cutting-edge and common technologies.
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