The company is a foreign-invested joint-stock company established by Qingdao Teruid Electric Co., Ltd. in accordance with the law on June 4, 2009. It is a backbone enterprise specializing in the manufacturing of outdoor box-type power complete sets in my country. It is a member of the China Electric Power Industry Power Supply and Consumption Standardization Technical Committee and a member of the National Power System Distribution Technology Collaboration Network. In December 2008, the company was re-identified as a high-tech enterprise. In 2013, the company's trademark was recognized as a well-known trademark in China.