Megmeet
Megmeet is a Chinese electrical products and solutions company focused on power electronics and automatic control, with businesses spanning power products, new-energy transportation, industrial automation, smart-appliance controls, intelligent equipment, and magnetic/electrical manufacturing.
Last updated October 7, 2026
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Overview
Megmeet is the brand and corporate identity of Shenzhen Megmeet Electrical Co., Ltd. The company describes itself as a global provider of electrification products and solutions, with power electronics and automatic control as its core technologies. It was established in 2003 and is headquartered in Shenzhen, China. The company became publicly listed on the Shenzhen Stock Exchange's SME Board in 2017 under stock code 002851. Its business spans six areas: power products, new-energy transportation, industrial automation, smart-appliance controls, intelligent equipment, and magnetic/electrical manufacturing. Its power portfolio includes display, LED, laser, industrial-control, home-energy, energy-storage and charging, medical, communications, server, high-voltage microwave, and power-sector products. New-energy transportation offerings address passenger and commercial vehicles, construction machinery, light electric vehicles, rail vehicles, and charging equipment. Industrial automation includes drives, servo systems, control systems, application-specific machinery, encoders, internal gear pumps, industrial IoT, and AI smart cameras. The company also supplies control components and integrated solutions for household appliances and smart bathrooms, as well as industrial microwave equipment, welding equipment, and intelligent oil-production systems. Its magnetic/electrical manufacturing products include flexible flat cable, coaxial cable, and enameled wire. The company describes its work as supporting more efficient use of electricity, cleaner living environments, improved production efficiency, and better daily life. Megmeet reports research centers and manufacturing bases in China and overseas. Its company history page describes a global expansion that includes research locations in Germany and several Chinese cities, and manufacturing operations in India and Thailand, alongside other domestic and international sites. The company reports that overseas revenue accounts for 40% of revenue on its corporate introduction page; no reporting period is stated in the supplied excerpt. Its current corporate site presents the business as active across its six stated segments.
History
Shenzhen Megmeet Electrical Co., Ltd. was established in 2003. Its early development included entry into flat-panel display power supplies in 2003 and medical power supplies in 2006. The company moved into industrial automation in 2007 and network power supplies in 2010. In 2011 it entered new-energy transportation and industrial intelligent arc welding, adding to its power-supply business. In 2014, Megmeet opened its Zhuzhou global manufacturing base and entered smart-appliance business at scale. The company reached a corporate milestone in 2017, when it was listed on the Shenzhen Stock Exchange's SME Board under stock code 002851; it also entered energy storage and charging that year. In 2019, it described its global footprint as taking shape, with research institutes in Germany, Xi'an, Wuhan, and Changsha, and manufacturing bases established in India and Thailand. In 2023, the company entered the AIDC field. In 2024, it said it was accelerating the improvement of its global operations, opened a global research and development center in Changsha, and established new bases in Thailand and Hangzhou. The company reported that orders exceeded 10 billion yuan in 2025; the supplied official excerpt does not specify the accounting basis or provide further details. The company's official profile presents Megmeet as an enterprise built around power electronics and automatic control, with six business segments: power products, new-energy transportation, industrial automation, smart-appliance controls, intelligent equipment, and magnetic/electrical manufacturing. The profile also describes a network of manufacturing sites across China and overseas, including facilities in Zhuzhou, Thailand, Hangzhou, Taizhou, Heyuan, Yiwu, India, and the United States. Its stated corporate vision is to become a leading global provider of electrification products and solutions.
- 2025
Company reported that orders exceeded 10 billion yuan
- 2024
Opened Changsha global R&D center and established new bases in Thailand and Hangzhou
- 2023
Entered the AIDC field
- 2019
Global footprint took shape, including research institutes and manufacturing bases in overseas markets
- 2017
Listed on the Shenzhen Stock Exchange SME Board; entered energy storage and charging
- 2014
Opened Zhuzhou global manufacturing base and scaled up smart-appliance business
- 2011
Entered new-energy transportation and industrial intelligent arc welding
- 2010
Entered network power supplies
- 2007
Entered industrial automation
- 2006
Entered medical power supplies
Products and positioning
A technology-led provider of electrification products and solutions, centered on power electronics and automatic control, serving industrial, transportation, energy, and appliance markets.
Power products
Includes display, LED, laser, industrial-control, home-energy, energy-storage and charging, medical, communications, server, high-voltage microwave, and power-sector products.
New-energy transportation
Products and solutions for passenger and commercial vehicles, construction machinery, light electric vehicles, rail vehicles, and charging equipment.
Industrial automation
Includes variable-frequency drives, servo systems, control systems, application-specific machinery, encoders, internal gear pumps, industrial IoT, and AI smart cameras.
Smart-appliance controls
Control components and solutions for air conditioning, household microwaves, smart bathrooms, refrigeration, and washing machines.
Intelligent equipment
Includes industrial microwave equipment, intelligent digital welding machines, and intelligent oil-production systems.
Magnetic/electrical manufacturing
Includes flexible flat cable, coaxial cable, and enameled wire.
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