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Kerun Intelligent Control

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Power transmission, distribution, and new energy equipment manufacturer

ChinaFounded 2004
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Kerun Intelligent Control

Kerun Intelligent Control Co., Ltd. is a Chinese manufacturer specializing in power transmission and distribution equipment. Founded in 2004 by Wang Rong, the company is headquartered in Jiangshan, Zhejiang, and is listed on the Beijing Stock Exchange (834062). Wang Rong, who also serves as the company's chairman, has led Kerun through significant growth, evolving from a local power equipment company to a publicly traded enterprise recognized as a national-level "little giant" firm for its specialized and refined products.

The company's business encompasses the research, development, production, and sales of transformers, high and low-voltage switchgear, intelligent substations, and new energy products. Kerun operates through several major divisions, including transformers, electrical equipment, new energy, components, sheet metal, and military industry. Its core products include various types of transformers (power, distribution, dry-type), complete sets of high and low-voltage equipment, and outdoor substations, which are crucial for power grids, power generation, and industrial applications. Clients include major state-owned enterprises like the State Grid and China Southern Power Grid, as well as companies in telecommunications, transportation, and chemical industries.

Kerun has a substantial manufacturing base with multiple production lines for its diverse product portfolio, which also includes newer developments like photovoltaic box transformers and integrated energy storage solutions. The company's business model is centered on providing comprehensive solutions for the entire power cycle, from input and transformation to distribution and control. It generates revenue through the sale of its equipment to a wide range of industrial, commercial, and utility customers. Having been listed on the Beijing Stock Exchange in 2022, the company secured significant capital, with an IPO of 4.3 yuan per share, to expand its production capacity, particularly for energy-saving transformers.

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At a glance

Founded
2004
Headquarters
China
Employees 9 total headcount
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