CLOU Electronics as a national hi-tech enterprise, was founded in 1996 and listed on Shenzhen Stock Exchange in 2007 (stock code:002121). It has its own state-recognized enterprise technological centers.

As a member of Midea Group, CLOU is a national high-tech enterprise with a number of national and provincial technical centers and laboratories. CLOU focuses on two major fields including new electrochemical energy storage and new power system. The strategic vision is to become a world-class energy services provider.

As a leading enterprise in the energy storage industry, CLOU is one of the earliest enterprises to deploy energy storage, and also one of the few domestic energy storage system integrators that have entered the United States and Europe. In the field of new power system, CLOU has been the core supplier of the State Grid and ChinaSouthern Power Grid for many years, and meanwhile the overseas business of smart grid covers several regions of “The Belt and Road”.