Shandong Luyitong Intelligent Electric PLC. (hereafter called LYT Electric), founded in 2003 and covering an area of 196 thousand square meters with registered capital of RMB 110,962,720 Yuan, is a high-tech enterprise that specializes in R&D, production and marketing of the high & low voltage electrical complete equipment. On February 17, our company was successfully listed on Shenzhen Stock Exchange GEM. The stock short name is “LYT Electric”, and the code is “300423”.

LYT Electric possesses several modern integrated plants. In addition, it has imported from Japan the international advanced CNC Machining Center (Multi-station turret punch press, CNC bending machine, CNC shearing), the automatic spraying processing assembly line, the electrostatic powder coating assembly line, automatic bus processor system, laser cutting machine, TIG welding machine and the high-level testing equipment. Equipped with the computer-aided design production system for R&D, design, workmanship and production processes, the company has rather strong capacities of research & development and manufacturing. Various products of the company have already passed the Type Test by National Testing Center, as well as the CCC Certification by China Quality Certification Center (CQC).

LYT Electric always adheres to the business philosophy “Quality to survive, effectiveness to develop” and promotes modern management mode, implementing Enterprise Resource Planning (ERP) management system in the whole procedure of product design, material procurement, production process and after-sales service etc. Also, the product quality is strictly in accordance with the Quality Management System. The company has been verified by IS09001:2008 Quality Management System, GB/T 24001-2004/ISO14001:2004 Environmental Management System, and GB/T28001-2011/OHSAS 18001:2007 Occupational Health and Safety Management System, thereby, to create a healthy, safe, harmonious and eco-friendly company.

The main production of LYT Electric is 40.5KV and below high & low voltage electrical complete equipment, as well as intelligent prefabricated substations, insulated busduct, and cable bridges, etc., such as KYN-40.5, HXGN17-12、KYN28-12、XGN2-12、GGD、GCK、GCS、MNS、ZNYBW ,etc. LYT Electric is one of the earliest enterprises in the industry that studied intelligent technology and put it into production. The company has successively developed a series of intelligent complete equipment, four of which has passed the Provincial Scientific and Technological Achievement Appraisal, three listed in the Provincial Science and Technology Development Plan, and one in the National Torch Plan. The technology in of the lead position of domestic level, and products have been identified as “Shandong Provincial Brand Products”.

In recent years, LYT Electric has established multifaceted technology partnership with Shanghai Jiao Tong University (SJTU), Xi’an High Voltage Apparatus Research Institute, TRIED, and lots of international well-known electric companies, who provide us with technical support, solve the technical problems during R & D, train technology backbone of our company and provide all kinds of professionals to the R&D center. Specifically, the enterprise has technological and commercial partnerships with Schneider Electric and ABB, and has established “SJTU - LYT Joint R&D Center” with Shanghai Jiao Tong University. By cooperating with famous enterprises and universities in technology, LYT Electric improves technological R&D ability and strengthens scientific innovation to ensure the industrial leading position of the products. By far, we have patents for invention and for utility model.

The products of our company have been sold to 27 provinces, autonomous regions, and municipalities. For example, the company has made complete products for CNPC, SINOPEC, CNIGC, SINOCHEM, STATE GRID, MCC, and many other large-scale enterprise projects. Furthermore, products have been exported to oversea countries and regions such as Russia, India, Malaysia, Iran and Angola, etc.

LYT Electric is one of CNPC and CNOOC material suppliers, and has got the material access permit from SINOPEC. Our company has also got a number of certificates from many well-known enterprises, such as the Group-level Supplier Membership Certificate from China Huadian Corporation, Market Access Permit from PetroChina CBM, Membership Certificate of GGL Intelligent Fixed-type Low Voltage Switchgear Assemblies National Co-design Group, Material Market Filling Notice from PetroChina Dagang Oilfield Company, Membership Certificate from China Guodian Bidding Net, etc.

LYT Electric has been identified as “High-tech Enterprise”, “Shandong Provincial Innovative Enterprise”, “Provincial Trustworthy Enterprise”, “Star Enterprise”, “Consumer Satisfaction Unit”, and a series of honorary titles. The trademark has won “Shandong Provincial Famous Trademark”, and the Technology Center was identified as "Shandong Provincial Enterprise Technology Center". Moreover, the company has been the member unit of China Electrical Equipment Industry Association and Shandong Provincial Patent Institute.

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