HICONICS is a technology enterprise engaged in the field of new energy and industrial automation under Midea Group, founded in June 2003, listed on the Shenzhen Stock Exchange in 2010, stock code (SZ300048), and joined Midea Group in 2020.HICONICS focuses on the three main lines of green energy solutions, household energy storage, photovoltaic inverters, and high-voltage inverters, and has continued to promote independent innovation for many years, and is committed to becoming the world's leading product provider in the field of new energy and energy-saving industrial control.

Shenzhen Clou Electronics Co., Ltd. (Stock Code: 002121), a subsidiary of Midea Group's energy technology division, was established in Shenzhen in 1996. It is a Main Board-listed company and a National High-Tech Enterprise, operating a nationally certified corporate technology center along with multiple national and provincial-level technology centers and laboratories. The company focuses on two main business segments: smart grid and new electrochemical energy storage. It is committed to providing global users with optimal energy solutions throughout the entire lifecycle.