Shanghai New Star Electric Co., Ltd.

Shanghai STEP Electric Co., Ltd. was founded in 1995 with a registered trademark of STEP. It is a high-tech enterprise supported by the state, a national innovative enterprise, a Shanghai intellectual property demonstration enterprise, a Shanghai patent demonstration enterprise, and a Shanghai technology center. Xinshida's corporate purpose: customer satisfaction, employee pride, and social benefit. In December 2010, STEP was listed on the Shenzhen Stock Exchange for the initial public offering of A shares, stock abbreviation: STEP, stock code: 002527. STEP implements the globalization strategy and has established R&D centers and manufacturing centers in China and Germany. With the electric stock as the parent body, it owns the electrical headquarters, Shanghai Xinshida Electric Co., Ltd., Shanghai Xinshida Wire and Cable Co., Ltd., Shanghai Xinshida Elevator Parts Co., Ltd., Shanghai Xinshida Software Technology Co., Ltd., Yi New (Shanghai) International Trading Co., Ltd. and other 6 domestic subsidiaries; Overseas has German STEP Electric Co., Ltd. and Hong Kong International STEP Group Co., Ltd. STATE has a national post-doctoral scientific research workstation. The company participated in the preparation and revision of 7 national technical standards; it has 74 authorized patents and 29 software copyrights. The inverter industrialization project was supported by the central budget and included in the National Torch Plan. The vector inverter and control system were identified as national key new products and won the Shanghai Science and Technology Invention Award. The servo drive system and other products were identified as Shanghai’s independent products. Innovative products. New Star is a professional company specialized in industrial automation, electric drive, new energy, energy saving and environmental protection. Its products are widely used in equipment manufacturing and energy saving transformation projects, mainly involving elevators, port machinery, lifting, rubber and plastics, coal mines, metallurgy, cement, Machine tools, power generation, solar energy, wind power generation, packaging, building materials, municipal and other industries. Products mainly include high/medium/low voltage inverters, integrated drive controllers, SVC and SVG power compensators, servo drives; elevator control systems, elevator accessories, elevator professional cables; Software Technology Co., Ltd. specializes in providing customers with electronic Various personalized intelligent management software products such as orders, Internet of Things (including remote monitoring), maintenance services; Yixin International specializes in various import and export trade businesses. Xinshida enterprise spirit: face the world, pursue the best, always strive for the first; enterprise mission: provide customers with the best control, drive, energy-saving products, benefit the society and employees; enterprise vision: become a world-renowned high-tech Electric company!

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Cha Chaoli(CEO)

Elevator control system complete sets of equipment, elevator components

Above 10M USD

10

Shanghai STEP Electric Co., Ltd., founded in 1995 and known by its registered trademark STEP, is a prominent high-tech enterprise recognized for its innovation and intellectual property achievements. The company operates under the guiding principles of customer satisfaction, employee pride, and social benefit. Listed on the Shenzhen Stock Exchange in December 2010, STEP has implemented a globalization strategy, establishing R&D and manufacturing centers in both China and Germany. The company has several subsidiaries, including Shanghai Xinshida Electric Co., Ltd. and Shanghai Xinshida Wire and Cable Co., Ltd., among others, and holds a significant presence overseas with German STEP Electric Co., Ltd. and Hong Kong International STEP Group Co., Ltd. STEP excels in the fields of industrial automation, electric drive, new energy, energy saving, and environmental protection. Their extensive product range includes high, medium, and low voltage inverters, integrated drive controllers, power compensators, servo drives, elevator control systems, and specialized elevator cables. These products are widely utilized in various industries such as elevators, port machinery, rubber and plastics, coal mines, metallurgy, cement, power generation, solar and wind power, packaging, and building materials. The company's commitment to innovation is evident through its involvement in the preparation and revision of seven national technical standards, and its portfolio of 74 authorized patents and 29 software copyrights. The company’s achievements have garnered substantial recognition, including support for their inverter industrialization project from the central budget and inclusion in the National Torch Plan. Their vector inverter and control system have been identified as national key new products, winning the Shanghai Science and Technology Invention Award. STEP’s mission is to provide customers with the best control, drive, and energy-saving products, contributing to societal and employee well-being. With a vision to become a world-renowned high-tech electric company, STEP continues to strive for excellence and innovation in all its endeavors.