HITE Smart Energy Co.Ltd.

Hite Smart Energy Co. Ltd. is a China-based startup that was established in 2022 and has quickly gained attention in the market. It is the core subsidiary of Shanghai Hi-Tech Control System Co., Ltd., which was founded back in 1994 and became public-listed in 2007 under the ticker #002184. The company operates with a focus on the energy and energy storage industries, capitalizing on the growing demand for innovative solutions in these sectors. With its headquarters in Zhejiang, Hite Smart Energy also boasts a strong presence in the country, with R&D centers located in Shanghai, Tongxiang, and Shenzhen, demonstrating a commitment to technological advancement and innovation. Notably, the factory, with a capacity of over 7GWH, is situated in Haining. In November 2023, the company secured a significant CNY150.00M Seed Round investment, signaling confidence from investors. This investment was provided by Stalagnate Capital and Haide Control, highlighting the support and interest from reputable investors in the startup's endeavors. With this recent investment, Hite Smart Energy is positioned to further develop its innovative solutions, expand its market presence, and capitalize on the growing opportunities in the energy and energy storage sectors.