新时达
Step is a brand.
Last updated October 12, 2026
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Overview
STEP Electric (新时达) is a Chinese industrial automation company headquartered in Shanghai. It is best known for its motion control technology, elevator control systems, and industrial robot products. The company is listed on the Shenzhen Stock Exchange under the ticker 002527. Its core business spans industrial automation components, complete control systems, and robotics, serving sectors such as elevators, machine tools, and general manufacturing. The brand is positioned in the motion control segment of the industrial automation market, providing drives, controllers, and integrated solutions. While the company has a significant presence in China, its products and systems are used across various industrial applications. The official website is stepelectric.com.
History
STEP Electric was founded in China and grew to become a notable player in the industrial automation sector. The company focused on motion control technology, developing products such as elevator control systems, industrial robots, and related automation components. It established a presence in the Chinese market and later listed on the Shenzhen Stock Exchange. Over the years, STEP Electric expanded its product portfolio and applied its technologies in various industries, including elevators, machine tools, and general manufacturing. The company continues to operate as a publicly traded entity, with its headquarters in Shanghai.
Company founded in China.
Listed on the Shenzhen Stock Exchange under ticker 002527.
Expanded into industrial robot and motion control solutions.
Products and positioning
Elevator Control Systems
Integrated control systems for elevators, including controllers and drives.
Industrial Robots
Robotic systems for manufacturing and automation applications.
Motion Control Products
Servo drives, controllers, and related automation components.
Controversies
Recent events
Shanghai Xinsida deputy general manager resigns[4]
Reported:
Shanghai Xinsida announced that deputy general manager Zhou Shuopeng resigned for personal career-development reasons; his resignation took effect when the report was delivered to the board, and he would hold no further positions at the company or its subsidiaries.
Sources4 sources
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