The market landscape continues to expand! Hengkai Electric is building a high-end power equipment manufacturing base.

Release time:

2026-08-11

Recently, a reporter visited Hengkai Electric Co., Ltd. (hereinafter referred to as “Hengkai Electric”), where the production lines are bustling with activity, domestic and international orders continue to surge, and the company’s capacity‑boosting engine is running at full speed. Meanwhile, the company’s planned project to build a high‑end power‑equipment manufacturing base is advancing smoothly through all preliminary stages, providing strong support for capacity expansion and technological upgrading.

This power‑equipment manufacturing enterprise, deeply rooted in the Changsha Economic Development Zone, is demonstrating robust growth momentum. As its strategic plan for capacity expansion and technological upgrading is progressively implemented, the company will not only achieve a pivotal leap in its own development but also inject fresh impetus into the region’s high‑quality advancement of advanced manufacturing.

Setting sail overseas, the company’s market footprint continues to expand.

Founded in 2013, Hengkai Electric is a high-tech enterprise integrating the manufacturing of power equipment, power system automation, and the R&D of energy‑related technologies. Its core business spans the R&D and production of power equipment, general contracting for power engineering projects, residential energy storage, photovoltaic power plant construction, and electric vehicle charging infrastructure, among other areas. The company holds more than 100 utility‑model patents and 19 invention patents.

Hengkai Electric is a high-tech enterprise integrating the manufacturing of power equipment, power system automation, and the research and development of energy‑related equipment. Photo by Liu Siyuan.

Fast forward 13 years, and Hengkai Electric was then merely an agent for overseas brands. “At that time, although our sales were decent, the company’s growth remained constrained, and the bottlenecks in our development became increasingly apparent,” recalled Li Guiping, Chairman of Hengkai Electric. With long-term growth in mind, he made a pivotal decision: leveraging the technical expertise and industry experience he had accumulated over the years to shift toward independent research, development, and manufacturing.

As a result, Hengkai Electric has progressively established a full‑industry‑chain service system encompassing power engineering design, power project construction, power equipment manufacturing, power engineering consulting, power operation and maintenance, and photovoltaic renewable energy. Moreover, its independently developed digital mine automation systems, high‑voltage switchgear insulation devices, and power IoT platforms boast distinctive technological competitiveness in their respective niche markets.

Hengkai Electric’s rapid growth stems from a pioneering foray into international markets. In 2019, with the recommendation of the Changsha Economic Development Zone, the company joined a provincial delegation to exhibit in Cambodia, secured its first overseas order, and successfully entered the Southeast Asian market.

Today, Hengkai Electric’s market footprint continues to expand, with a strategic presence spanning Changsha, Shanghai, Chenzhou, Cambodia, and Thailand. For three consecutive years, its order growth has exceeded 40%, and it has participated in more than 300 key projects. Notably, since its establishment in 2019, the Cambodian subsidiary has steadily increased its market share through professional services and high‑quality products, extending its operations to countries such as Laos and Indonesia.

Empowered by both technological innovation and market expansion, Hengkai Electric’s brand strength and industry influence have continued to grow. In December 2021, the company successfully listed on the Hunan Equity Exchange; in December 2024, it was listed on the “Specialized, Refined, Distinctive, and Innovative” board of the same exchange and was recognized as a National High-Tech Enterprise, a core enterprise of the national next-generation independent and secure computing systems industrial cluster, a national-level science-and‑technology‑oriented SME, and a specialized, refined, distinctive, and innovative SME of Hunan Province.

Building up momentum to expand production, the industry’s capabilities are accelerating their leap forward.

In recent years, as the company’s business has continued to expand and both domestic and international orders have surged, Hengkai Electric’s existing production and office facilities can no longer meet its multifaceted growth needs—namely, R&D capacity expansion, increased production output, and brand‑image enhancement. Consequently, an urgent upgrade and capacity expansion has become imperative.

At present, Hengkai Electric Co., Ltd. is working at full capacity to keep its production “engine” running at high speed. The photo shows Hengkai Electric’s manufacturing facility. Photo provided by the company.

To this end, the Changsha Economic Development Zone has proactively aligned with enterprise needs and actively facilitated the successful establishment of the Hengkai Electric High-End Power Equipment Production Base project within the zone. According to reports, the project plans to acquire 25 mu of land and will focus on the R&D and manufacturing of high- and low-voltage complete power equipment, energy storage systems, and other energy‑related products, serving applications such as smart distribution and new‑energy power generation.

“At present, the project is steadily advancing all aspects of its preliminary planning and design,” Li Guiping stated. Once completed and fully commissioned, the project is expected to produce over 6,000 sets annually of high- and low-voltage switchgear and packaged substations, significantly boosting both production capacity and delivery capabilities.

Looking ahead, Li Guiping stated that the company will seize this capacity‑expansion and upgrade project as an opportunity to deepen its focus on power‑equipment and core new‑energy sectors, intensify efforts to attract top‑tier talent, strengthen technological innovation, and solidify its core competitiveness. At the same time, the company will continue to capitalize on the development opportunities presented by the Belt and Road Initiative, leveraging the mature experience and competitive advantages accumulated through its earlier overseas deployments to further expand into international markets, with the aim of becoming a leading provider of integrated solutions for comprehensive energy and power infrastructure.

Fujian Entrepreneurs Ride the Waves in Cambodia, Hengkai Electric Shines Across ASEAN – Lin Jianfeng

Cooling relief in the sweltering heat, heartfelt care that warms the heart.

Fujian Entrepreneurs Ride the Waves in Cambodia, Hengkai Electric Shines Across ASEAN – Lin Jianfeng

Cooling relief in the sweltering heat, heartfelt care that warms the heart.

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