2007: Corporate Restructuring and Upgrading, Ushering in a New Chapter of Professional Development

In May 2007, the former Jiangdu Shenghua High-Voltage Electrical Equipment Factory completed its resource restructuring and officially established Jiangsu Shenghua Electric Co., Ltd. with registered capital of RMB 51 million. Its core business was the research and development, production, sales, and service of high-voltage test equipment. This marked the company's transformation from a local workshop-style production to a modern professional manufacturing enterprise, laying the foundation for subsequent technological breakthroughs and market expansion.