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Company Profile

Liaoning Rongxin Xingye Power Technology Co.,Ltd. was founded in March 2017 due to the separation of the core business of reactive power compensation of the original "Rongxin Power Electronic Co., Ltd." founded in 1998, with a registered capital of RMB 115.64 million. It's the holding subsidiary of Tianjin Benefo Tejing Electric Co., Ltd. (stock code: 600468, stock abbreviation: TIANJIN BENEFO TEJING ELECTRIC), which is listed on the Shanghai Stock Exchange, and it's a high-tech enterprise specializing in the manufacturing of energy-saving high-power power electronic equipment.

The main business of the company focuses on the research and development, design and manufacturing of high-power power electronic equipment. The whole line of products can meet a series of application needs from power generation, transmission and distribution to terminal load, and provide customers with solutions in improving power quality, optimizing control, saving energy and reducing consumption, etc. As a leading enterprise in the field of power electronics in China, its main products include SVG, SVC, SC, de-icing device, active power filter, flexible DC transmission and distribution device and other energy-saving high-power power electronics products.

The company has more than 400 employees, including 2 doctors, 38 masters, and more than 120 staff with medium and senior professional titles. The company has a leading technology research and development, production and sales team in the industry of China, with all staff implementing the mission of "leading product performance and high-quality service" and adhering to creating value for customers.

The company has the domestic leading and international advanced research and development, detection and testing facilities for the complete set of power electronics and energy saving equipment, including RTDS laboratory, SVG high-voltage full-load test center, SVC full-load test and detection center, SVC equivalent test platform, high-voltage and high-power power electronic technology test center, two 66 kV high-voltage test substations for enterprise, power unit test platform, drive board and cell board test equipment, complete equipment for power-frequency withstand voltage test, and other special high-voltage test equipment, which can satisfy the whole-process detection and testing needs like the research and development test, system simulation, type test and delivery test of the power electronic equipment. Meanwhile, the company has passed the ISO9001 quality management system certification, ISO14001 environment management system certification and ISO45001 occupational health safety management system certification.

By adhering to the philosophy of “scientific and technological innovation for the enterprise development", the company views scientific and technological innovation as the vitality of its development, and is oriented to the national strategies and global market demand. It sticks to the road of technological innovation with independent R&D as the main course, complemented with expertise from industrial, educational and research organizations as well as introduction, digestion and absorption of technology and innovation, in order for the company to quickly enter various fields with significant impact on the national economy, such as electric power, metallurgy, electrified rail transit, wind power generation, photovoltaic power generation, coal mining, petroleum, chemical, etc., promote the development of key industries, and actively lead the innovation breakthrough of China's power electronic equipment.

Facing the increasingly complex application scenarios of power equipment, RXPE (Rongxin Xingye) takes "Rongxin (which literally means "prosperity and integrity" in Chinese)" as foundation, and "Xingye (which literally means "development and achievement" in Chinese)" as its own responsibility, and leverages the wisdom and diligence of Chinese people to provide high-quality products and services for global customers, and achieve green life and sustainable development.

Brand History

brand history

2019

2018

2017

2016

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2002

2001

2000

1999

1998

2019

The electrode regulator based on instantaneous reactive power algorithm was developed; 120Mvar SVG was put into operation in a local steel plant of Poland.

The company became the holding subsidiary of Tianjin Benefo Tejing Electric Co., Ltd.

2018

The 100+ Mvar large-capacity and container-type SVC was put into operation. The export of the series compensation device was achieved.

2017

100+ Mvar TCR+TSC type large-capacity SVC for utility system was put into operation. SVG for wind power subsynchronous oscillation governance was put into operation. The SVG for metallurgical EAF flicker control was put into operation. Project under the Belt and Road Initiative - the 11kV SVG for Halfaya Phase III

Liaoning Rongxin Xingye Power Technology Co.,Ltd. was established by the SVC subsidiary, SVG subsidiary and Marketing Center of Montnets Rongxin Technology Group Co.,Ltd. (the former Rongxin Power Electronics Co.,Ltd.).

2016

The container-type SVC was put into operation; the wind project in Europe was put into operation. National Key Project - SVG for the artificial island of Hong Kong-Zhuhai-Macao Bridge undertaken by China Railway Construction.

2014

The STATCOM for suppressing subsynchronous resonance was put into operation; The SVG for 4,500m high altitude areas was put into operation. The SVG for addressing three-phase unbalanced voltage of background grid was put into operation.

2013

The STATCOM for addressing negative sequence issue of power grid voltage was put into operation. The water-cooling SVG was put into operation; the MMC topology-based UPQC project was finished; the 27.5kV direct-connect SVG for governing the three-phase unbalance in railway system was put into operation.

2012

The 4th generation of general control system was rolled out. The exported equipment with harmonic control function was put into operation.

2011

The large-capacity SVC (750Mvar) for ITER Project was put into operation.

The SVG for addressing the unbalance of three-phase voltage was put into operation. The SVG for equatorial high temperature, humid, salty, and foggy environment was put into operation; The SVG exported for comprehensive treatment of EAF was put into operation. The 35kV chain-type direct-connect SVG was put into operation.

2010

The SVC and DC de-icing device was put into operation;

The SVG for high altitude areas was put into operation. The SVG for harmonic control on power grid side was put into operation. The 35kV direct-connect SVG was put into operation. The 10kV chain-type direct-connect SVG was put into operation.

2009

The 66kV direct-connect LTT SVC was put into operation. The solution of using SVG to control low frequency oscillation of high-speed railway was developed.

2008

The single-set large-capacity SVC (210Mvar) was put into operation.

2007

The LTT SVC was put into operation; The SVG for traction converting station was put into operation. The SVG for electrified railway system was put into operation.

2006

The company was involved in developing the SVC national standard.

2005

The TCR+TSC type large-capacity SVC was put into operation. Breakthrough in the global installed capacity of SVC equipment was achieved.

2002

The SVC for electrified railway traction station was put into operation.

2001

The self-cooling SVC for utility system was put into operation.

2000

The 35kV self-cooling SVC was put into operation.

1999

Localization of manufacturing 35kV direct-connect SVC was achieved.

1998

Anshan Rongxin Power Electronics Co., Ltd., the predecessor of Liaoning Rongxin Xingye Power Technology Co., Ltd., was officially established.

Company Culture

company culture

Core Philosophy

Taking sincerity as honor and integrity as foundation
Rongxin Mission

Focusing on energy efficiency and achieving social sustainable development
Rongxin Spirit

Take prosperity and integrity as foundation, and development and achievement as our own responsibility.

Awards & Qualification

Integrity

To behave, act and manage with integrity
Innovation

Innovation of technology, product and management
Respect

Respect nature, others, and ourselves
Dedication

Dedication to society, career and life

Awards

Honor

Enterprise Credit Rating Certificate
First Prize of Yunnan Power Grid Science and Technology Progress Award
high-tech enterprises
Third Prize of China Southern Power Grid Science and Technology Progress Award

Group Introduction

Liaoning Rongxin Xingye Power Technology Co., Ltd. is the holding subsidiary of Tianjin Benefo Tejing Electric Co., Ltd.

Tianjin Benefo Tejing Electric Co., Ltd. was registered in Tianjin on September 23, 1999, and was listed on Shanghai Stock Exchange in June 2001 (stock abbreviation: TIANJIN BENEFO TEJING ELECTRIC; stock code: 600468) . With more than ten years of painstaking efforts, TIANJIN BENEFO TEJING ELECTRIC has been continuously improving its industrial structure, optimizing its product combination, and strengthening its market competitiveness. Its products are widely used in many fields, such as electric power, construction, industrial and mining enterprises, national defense, shipping, energy, petrochemical industry, etc. The company has successively participated in a number of national key projects, such as Shenzhou-5, Jiuquan Satellite Launch Center, the 2008 Beijing Olympic Games, etc.

Tianjin Benefo Tejing Electric has gained strong R&D strength and sound brand image in its long-term production and operation. A number of key products have been rated as provincial and municipal brand products, and many its subsidiaries have been enrolled as high-tech enterprises. Among the subsidiaries, there are many industry leading players. For example, its holding subsidiary Chengdu Reliance Electric Co., Ltd. is a national intellectual property advantage enterprise and a pilot enterprise under Sichuan Enterprise Technology Center and Sichuan Provincial Program for Building Innovative Enterprises. The company has the laboratory accreditation qualification of China National Accreditation Service for Conformity Assessment (CNAS), the qualification authorization of Witness Test Data Program, and Rhine TUV certification. Its products have been widely recognized during the Hannover Industrial Exhibition. The magnet wires produced by Suzhou Guanlong Magnet Wire Co., Ltd. are used in Classes B, F, H and C insulation turbine generators, hydro generators, wind power, nuclear power, all types of AC (DC) motors and high-speed railway power systems. The company is an important supplier for many key heavy-duty generator enterprises, especially nuclear power enterprises in China; UsInnova Superconductor Technology Co., Ltd. (InnoST), founded in 2000, is a high-tech enterprise specializing in high temperature superconductor (HTS) materials. It has undertaken a number of National 863 Projects, National Key R&D Programs, major special project of the Ministry of Science and Technology and other major superconducting projects. InnoST has won the second-place award of National S&T Advancement Prize for “Research and Development of High Quality & Long Length Bi-based High-Tc Superconducting Tapes and Wires”.

In recent years, Tianjin Benefo Tejing Electric has made full use of the capital market to continuously adjust its industrial structure and upgrade its products. It has successfully completed the capital raising of RMB 1.1 billion through a non-public offering and major asset restructuring. TIANJIN BENEFO TEJING ELECTRIC's asset quality, industrial structure, profitability and R&D capability have been continuously improved.

Tianjin Benefo Tejing Electric will continue to pursue scientific and technological innovation as the pilot, quality stability as the cornerstone, talent pool building as the guarantee, brand value as the path forward, steadily carry out mergers and acquisitions, accelerate the implementation of the "Going Out" strategy. The company will focus on high-end products in the power equipment industry, and expand new materials and application fields with superconductor as the core, as well as new energy equipment fields, in a bid to become a reliable supplier for the robust smart grid with our unremitting efforts.