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Hoymiles Power Electronics 688032.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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67.62

-2.77%

Close of 9 Nov 2026, in CNY

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About Hoymiles Power Electronics

Its shares trade on Shanghai under the ticker 688032.SS. It has been listed since 20 December 2021. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.93bn and a net loss of CN¥160.4m. At that date it held total assets of CN¥8.38bn and shareholders' equity of CN¥5.72bn.

Hoymiles Power Electronics, Inc. specializes in MLPE (Module Level Power Electronics) solutions for global solar investors and end users. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2021-12-20. The firm's main business is the research and development (R&D), manufacturing and sales of photovoltaic inverter power conversion equipment, complete electrical equipment and related products. The photovoltaic inverter and related products mainly include micro inverter and monitoring equipment, modular inverter and other power conversion equipment, and distributed photovoltaic power generation system. The complete electrical equipment and related products mainly include high-voltage switchgear, low-voltage switchgear, distribution cabinet and others. The firm conducts business in domestic and foreign markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
20 Dec 2021
Employees
1,131

Leadership

Pay as last reported

  • Mr. Jianxiong ShaoChairman of the Board, since 2017CN¥254,100
  • Ms. Xinyuan LiChief Financial OfficerCN¥602,300
  • Mr. Bo YangGeneral Manager, Director, since 2017CN¥718,100
  • Mr. Yi ZhaoDeputy General Manager, Director, Director of R&D Center, since 2015CN¥740,100
  • Mr. Lei ZhouDeputy General Manager, Director of Manufacturing Center, Director, since 2018CN¥840,600
  • Ms. Junlin LiangSecretary of the Board, Director of Legal DivisionCN¥449,100
  • Mr. Chen MaoDirector
  • Ms. Jianying ShaoDirector
  • Mr. Xiaoming ChenIndependent DirectorCN¥80,000
  • Mr. Weiwei YeIndependent DirectorCN¥80,000
  • Ms. Hongxia ZhuIndependent DirectorCN¥40,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
80
Environment
82
Social
77
Governance
80
Women in the workforce
35.98045%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Specializes in MLPE solutions for global solar investors and end users
  • Headquartered in Hangzhou with 1,131 full-time employees
  • Offers R&D, manufacturing, and sales of photovoltaic inverters and related products

Weaknesses

  • No specific weaknesses mentioned in the provided information
  • No details on financial performance or market share provided
  • No information on competitive disadvantages or operational challenges

Opportunities

  • Expanding global solar market for MLPE solutions
  • Growing demand for photovoltaic inverter and related products
  • Potential for increased business in domestic and foreign markets

Threats

  • No specific threats mentioned in the provided information
  • No details on market competition or regulatory challenges provided
  • No information on potential economic or industry downturns

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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