Shanghai STEP Electric Corporation, founded in 1995, is a National High-tech Enterprise, National Innovative Enterprise, Shanghai IPR Model Enterprise, Shanghai Patent Model Enterprise, and Shanghai Technology Center. STEP strives to achieve customer satisfaction, foster employee pride, and bring benefits to the community. In December, 2010, STEP made its initial public offering on the Shenzhen Stock Exchange. The Stock Name is STEP and Stock Code is 002527.

STEP Electric Corporation has research and development centers and manufacturing bases in both China and Germany, and six subsidiaries in China, including: Shanghai Sigriner STEP Electric Company Ltd., Shanghai STEP Elevator Components Company Ltd., Shanghai STEP Electric Wire & Cable Company Ltd., Shanghai STEP Software Technology Company Ltd., Yixin (Shanghai) International Trade Company Ltd., Hong Kong STEP International Electric Holdings Company Ltd. and our overseas company, STEP Sigriner Elektronik GmbH.

STEP has a national level Postdoctoral Research Station. Our company was also responsible for the edition and revision of seven national technical standards, and has 74 patents and 29 software copyrights. The industrialization of our inverter project has received the financial support of the National Key Technology Innovation Fund and was listed in the National Torch Program (a Chinese national project encouraging technology development). Our vector inverter and control system have been identified as National Key New Products and have been honored with the Shanghai Science & Technology Invention Award, and our servo drive system was named a Shanghai Independent Innovative Product.

STEP specializes in industrial automation, electric drive, new energy, energy conservation, and environmental protection. Our products are widely utilized in equipment manufacturing and energy saving and renovation projects. Industries including metallurgy, cement production, CNC, power generation, solar power and wind power generation, packaging, construction, and more, favor our products for elevator, harbor crane, hoisting, rubber & plastic processing machinery, mining equipment, and more. STEP products primarily include our high, medium, and low voltage inverter, integrated controller, SVC and SVG power compensator, servo drive, elevator control system, elevator parts, and elevator wire and cables. STEP Software Technology Company Ltd. is committed to providing customized intelligent management software products, such as E-order, networking (including remote monitoring), and maintenance services. Yixin International deals in relevant import and export businesses.

STEP Spirit: Face the world; pursue the best, always stay ahead of the industry. STEP Mission: Provide the best controller, driver and energy-saving products for our customers, serve the society, and benefit employees. STEP Vision: To be a world leading, high-tech enterprise in the electrical industry.