Ming Li

Part of Zhejiang Kaixin Business Management (Group) Co. Ltd., Wolong Electric Group Hangzhou Research Institute Co., Ltd. manufactures high voltage frequency conversion, environmental testing and processing equipment. The private company is based in Hangzhou, China. Wolong Electric Group Hangzhou Research Institute Co. was acquired by Zhejiang Kaixin Business Management (Group) Co. Ltd. from Wolong Electric Group Co. Ltd. on April 02, 2021 for $63.61 million. The Chinese company was founded in 2007. The CEO is Chen Long Lian.

Wolong Holdings Group Co., Ltd. is a Chinese company that focuses on intelligent manufacturing, industrial automation, energy management, real estate, and trade. The private company is based in Shaoxing, China. The company's intelligent manufacturing system, centered around Wolong Electric Drive, focuses on the motor and drive industry. The company continuously improves the efficiency of the drive system and reduces carbon emissions through continuous technological innovation and the use of new materials, new processes, and power electronics. Wolong's products range from household appliances, transportation, and smart cities to mining, modern agriculture, and clean energy systems such as wind power, nuclear power, waste heat power generation, and hydrogen energy. The company was founded in 1984 and Yan Ni Chen has been the CEO of the company since 2015.