Ontech Electric Corporation

History
2015
In May 2015, Ontech Electric Corporation was established in Pleasanton, California, US as a subsidiary of Tieon Energy Co., Ltd. in May, 2015.
In October 2015, Tieon has been a listing company in the stock exchange market in China. The stock code is 834238
In January 2012, Tieon’s self-developed digitized substation AC-DC integrated power system won the certificate of “Key new product of Guangdong Province”;

2011
In March 2011, the 110 kV Kuangshanji digitized substation’s AC-DC integrated power system developed jointly by Tieon and Anhui Huaibei power supply company won the Scientific and Technological Achievement Progress Award of Anhui electric power company.

2010
In September 2010, the 110 kV Kuangshanji digitized substation AC-DC integrated power system developed jointly by Tieon and Anhui Huaibei power supply company won the Scientific and Technological Achievement Progress Award of Anhui electric power company.

2009
In January 2009, Tieon’s self-developed digitized substation AC-DC integrated power system won the certificate of “Key new product of Guangdong Province”;
In March 2009, the 110 kV Kuangshanji digitized substation AC-DC integrated power system developed jointly by Tieon and Anhui Huaibei Power Supply Company won the Scientific and Technological Achievement Progress Award of Anhui electric power company.
In June 2009, Tieon won the national high-tech enterprise certificate.
In December 2009, Shenzhen Tieon Electronic Technology Co., Ltd successfully finished shareholding reform and it name was officially changed into Shenzhen Tieon Energy Technology Co., Ltd.

2008
In February 2008, the first set of Tieon digitized substation AC-DC integrated power system was put into use in 110 kV Shahe digitized substation in Guiyang Power Grid.
In June 2008, the company headquarters was moved to Shenzhen Software Park.
In July 2008, Tieon GQH intelligent substation power supply system successfully won the bidding of Fulong converter station for Xiangjiaba - Shanghai ± 800 kV UHVDC Transmission Demonstration Project.
In December 2008, Tieon substation power supply sales exceeded 100 million and the products covered more than 20 provinces, municipalities and autonomous regions. The market share of the substation AC power system has ranked first for three consecutive years.

2007
In May 2007, the 110 kV west substation AC-DC integrated power system developed jointly by Tieon and Yangjiang Power Supply Bureau was put into operation, which won the Scientific and Technological Achievement Progress Award of Guangdong Power Grid.

2006
In February 2006, the first set of Tieon AC-DC integrated power system was put into use in Huizhou Power Supply Bureau of Guangdong Power Grid;
In June 2006, the first phase of Tieon’s manufacturing base in Anhui was started for construction, covering an area of 60,000 square meters with planned production capacity of 500 million RMB.

2005
In October 2005, China's first set of substation AC-DC integrated power system passed the national type test and obtained the national patent.
In December 2005, Tieon obtained the Software Enterprise Certificate issued by Shenzhen Municipal Government; in the same year the substations operating in the Chinese power grid was over 1000, jumping to the front rank of the industry.

2004
In May 2004, dual-CPU embedded IPC-03 intelligent power monitoring unit was launched and obtained the national patent.
In July 2004, won the high-tech enterprise certificate issued by Shenzhen Municipal Government; Tieon’s factory in Shenzhen was established.

2003

In March 2003, GQH intelligent substation power supply system won the patent certificate issued by the State Intellectual Property Office.


2002
In 2002, Tieon changed the company structure and focused on power industry. It integrated Electric Power Department and WEB Network Terminal Division into a professional enterprise, which specialized in intelligent power systems for customers.

2001
In April 2001, Shenzhen Tieon Electronic Technology Co., Ltd is established (the old name of the company).
In October 2001, the first set of intelligent substation AC power system of power grid in china was put into operation in Guangdong power grid.

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