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Hangzhou Sunrise Technology
Founded by Chairman Yang Guang in 2006, Hangzhou Sunrise Technology operates as a publicly traded smart-grid component manufacturer headquartered in Hangzhou,...
Hangzhou Sunrise Technology
Founded by Chairman Yang Guang in 2006, Hangzhou Sunrise Technology operates as a publicly traded smart-grid component manufacturer headquartered in Hangzhou, China. The company is majority-controlled by Hangzhou Sunrise Group Co., Ltd., which held approximately 21.99% of the equity as of the most recent regulatory filings. Its core operating business spans energy meters, water meters, and electric-vehicle charging piles, with a customer base anchored by the State Grid Corporation of China and European utility partners. The firm deploys capital through a corporate venture structure rather than a standalone fund, making direct equity investments that complement its industrial business. Its investment focus tracks the energy transition: smart-grid components, energy Internet of Things platforms, and electric-vehicle charging networks. Public records show the company has committed to expanding its charging-pile production capacity in Zhejiang Province and has pursued joint development agreements with European energy firms, including a long-term strategic partnership with Germany's E.ON for energy IoT solutions. Geographic coverage includes domestic manufacturing and deployment across Eastern China, with export distribution channels reaching European markets. Yang Guang leads a publicly traded entity with a market capitalization that has typically ranged between RMB 4 billion and RMB 8 billion in recent years (per public filings). The firm maintains its primary campus at No. 1099 Cangxing Jie in Hangzhou's Yuhang District. As of May 2025, Hangzhou Sunrise Technology continued to execute on government-backed smart-city infrastructure tenders while exploring minority positions in battery-swapping technology startups aligned with China's renewable-integration targets. What structures Hangzhou Sunrise Technology differently from a conventional venture fund is its identity as an operating-first balance-sheet investor. Investment decisions originate from the corporate treasury and are evaluated for strategic fit with meter sales and charging infrastructure deployment — a posture that prioritizes commercial synergy over financial return multiples alone.
General information
Firm type
Corporate Investor
Year founded
2006
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Hangzhou
Corporate office
No. 1099 Cangxing Jie, Cangqian Street, Yuhang District, Hangzhou, 311121, China
Principals
Yang Guang
Chairman
Sector focus
Frequently asked questions
How does Hangzhou Sunrise Technology structure its investment activity?
The firm does not operate a separate fund or dedicated venture arm. Investments are made directly from the corporate balance sheet and appear as minority equity positions in companies whose technology or distribution aligns with Sunrise's meter and charging-pile manufacturing business. No third-party limited partners are involved.
What is the relationship between Hangzhou Sunrise Technology and the State Grid Corporation of China?
State Grid is Sunrise's largest customer and a core strategic partner. The company supplies smart meters and related components for grid modernization tenders. The revenue concentration from State Grid contracts is material, disclosed in Shenzhen Stock Exchange annual filings, though exact percentages vary year to year.
Who controls the investment decisions at Hangzhou Sunrise Technology?
Chairman Yang Guang serves as the legal representative and controlling decision-maker. The parent entity, Hangzhou Sunrise Group Co., Ltd., holds roughly 21.99% of the equity and exercises significant influence over strategic capital allocation, including investment activity conducted through the listed vehicle.
Does the firm invest outside of China?
Most investment capital is deployed domestically within China's energy infrastructure sector. The firm maintains a strategic partnership with E.ON in Germany for IoT solutions, but disclosed equity investments have historically been concentrated in Chinese smart-grid, metering, and charging-technology companies.
What investment stages does Hangzhou Sunrise Technology target?
The firm focuses on early-stage and growth-equity positions in companies that offer strategic manufacturing or distribution synergies. Typical check sizes are not publicly disclosed but are understood to be minority stakes sized to build commercial relationships rather than control positions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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