Founded in 1996, Hangzhou Baifu Electronic Technology Co., Ltd. is a high-tech enterprise specializing in the research, development, production, and sales of intelligent power metering equipment and related automation systems. The company is located at No. 500, 12th Avenue, Qiantang District, Hangzhou, covering an area of 53 mu (approximately 35,000 square meters). It currently employs over 200 staff, including an R&D team of more than 100 professionals in fields such as metrology technology, communication technology, computer technology, and electronic technology. The company is equipped with a full suite of advanced testing facilities.

With an annual R&D investment of no less than 5% of its sales revenue, Baifu provides robust financial support for product iteration and innovation. The company has obtained over 154 intellectual property rights and multiple provincial-level scientific and technological achievements.

Adhering to the corporate philosophy of "People-Oriented, Mutual Development, Reputation First, Pioneering and Innovation," Baifu has established advanced R&D, production, quality control, and sales service systems tailored to its development needs. The company has successfully developed hundreds of specifications of products, including electronic energy meters, remote meter reading terminals, load management equipment, and on-site power consumption detection service systems. Its products have been awarded honors such as "Zhejiang Province Famous Brand Product" and "China Electronics Industry Well-Known Brand" on multiple occasions.