Aox High-Tech Co., Ltd. was established in 2001 and is a wholly-owned subsidiary of Ningbo Samsung Medical Electric Co., Ltd., with a total investment of 400 million yuan, a registered capital of 405 million yuan, and more than 800 employees. The company's factory area is 73,000 m². It specializes in the production of various types of distribution transformers, box-type substations, high and low voltage switchgears, intelligent power metering boxes, and distribution automation equipment. Its 2018 output value was 1.976 billion yuan.