About us
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PEOPLE ELECTRIC SERVES FOR PEOPLE

People Electric Appliance Group Co., Ltd founded in 1996 and specialized in industrial electrical equipment. It owns four major manufacturing bases which respectively located in Zhejiang, Shanghai, Nanchang, Fushun and 12 wholly-owned subsidiaries, 85 holding member enterprises, more than 800 processing and collaboration enterprises as well as with more than 3,000 sales companies.

Its products, marketable in over 70 countries and regions, are also used by a lot of major projects in China including Pudong International Airport, Bejing-Shanghai High –speed Railway, the Three Gorges Project, Beijing Subway, Olympics Stadiums, the project of Transferring Water from South China to North China, Qinghai-Tibet Railway, Chang E Satellite, and Vietnam Thai An Hydro Power Plant Project etc. It is also ranked among the top 500 machinery producers in the world.The brand value is assessed up to RMB45,136,000,000.

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Mr. Zheng Yuanbao, Han nationality, is a native of Yueqing, Zhejiang Province. With a title of senior economist, he is now the Board Chairman of People Electrical Appliance Group Co., Ltd.
Zheng Yuan Bao has elected to the NPC deputies and CPPCC members and the National Federation Executive Committee, the Jiangxi Provincial People's Congress Standing Committee, vice chairman of the Guangcai Program Committee (Chamber of Commerce) Vice-Chairman of the Federation of Industry and Commerce in Jiangxi Province, Jiangxi Province; has won the outstanding enterprises in Wenzhou City home, meritorious entrepreneurs, model workers; outstanding entrepreneurs in Zhejiang Province, Zhejiang outstanding builders of socialism with Chinese characteristics, China's top ten economic man, China's top ten enterprises thinker, China's top ten CEO, outstanding entrepreneurs, China 35 years of reform 35 elite title. The current president of Wenzhou Machinery Industry Federation (General Chamber of Commerce), vice president of Shanghai Federation of Industry and Commerce Jiading District, vice president of the Association of the private economy in Zhejiang Province, Zhejiang Electric Industry Association president, member of the National Federation of Poverty Committee, Zhejiang Province Federation of Industry Advisory Committee.

SPIRIT

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P=people       People, customer, create the maximum value for customer
E=exploring    Exploration, innovation, never stopping exploration, innovation forever
O=opportunity  opportunity, good luck, catch opportunity in time, opportunity for everyone
P=perfect      Perfect. excellence, continue progress, pursue  excellence
L=learning     Learning, sharing, establish study-type organization
E=expectancy   expectancy, perspective,  build common perspective, strive for cause

Core Value
People electric serves for people 
Corporation vision
To become a worldwide famous electric appliance enterprise. 
Corporation mission
To provide safer electric product for the people of the world. 
Corporation spirit
United, strive, explore, innovate. 
Corporation Target
To be a worldwide famous Chinese  Brand. To be a company of World Top 500. 
Culture Core
Be smooth on the surface, but firm at heart. Be low-keyed, but in strength.

ELEPHANT CULTURE
So broad to combine all just as the sea containing numerous rivers. We shall learn the spirit of “great form is beyond shape and contains multitudes” when behaving ourselves, working and running the enterprise. If we cannot control unbounded personality, we will meet many obstacles. Once making too many strong enemies, we will be involved into failures.
“Great sound is voiceless, great form is beyond shape. Advocating nature and coexistence” is a state and bearing held by an excellent enterprise, and also a cultural pursuit and value orientation that a national enterprise must own.
WOLF GROUP CULTURE
The organization needs to learn the pioneering spirit of the wolf: free and unconstrained, tough and strong; the enterprise needs to carry forward the team spirit of the wolf: staying realistic and pragmatic, being wholehearted for the team work.
We will obtain the persistent entrepreneurial spirit, steer the fierce market competition flexibly and tactfully, take the bull by the horns and become invincible only if we always keep the sense of crisis of “cry wolf”
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PEARL CULTURE

Every resource of the enterprise is like a single pearl, resource integration is to link every single pearl together by the most tension mainline, and let all pearls become a whole.

People Electric Appliance Group uses a strong brand power, scientifically integrates all kinds of valuable resources, to motivate the staff creativity, innovation and value, by using talents to the fullest, making the best use of everything and to do its best, the whole team is like pearl chain tightly connected and shining bright light around the world.

ROOT CULTURE
Employees are green leaves who complete the process of photosynthesis. Cadres at middle and high levels are stems who support the hope of growth. Board of directors is root that absorbs nutrients and moisture. The three are integrated to make the great tree soar above with luxuriant foliage for human benefits.
Work hand in hand to achieve win-win results and create lofty values. It is the soul of the corporate culture rooted in the hearts of the people that love the hearts of all people and gather the talents of the world.
PEOPLE’S QUALIFICATIONS
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China’s Top 500 Enterprises. China Quality Award Nomination Award. National Scientific and Technological Progress Award. National Torch Program Project. Zhejiang Province Government Quality Award. China’s 500 Most Valuable Brands. China Top 500 Private Enterprises. Global Top 500 Machinery Enterprises. Top 200 Chinese Enterprises in Terms of Economic Efficacy. Top 200 Chinese Enterprises in Terms of Tax Payment. Top 100 Chinese Large Enterprises in Terms of Competitiveness. Top 50 Chinese Private Enterprises in Terms of Competitiveness. China’s Outstanding Private Enterprise. National Abiding by contracts and Keeping Promises Enterprise. National Customer Satisfaction Enterprise. Recommended Enterprise of Two Networks of Ministry of Commerce of the P.R.C. Material Supplier of China National Petroleum Corp. Material Supplier of China Petrochemical Corp. Quality Underwriting Enterprise of PICC. National Customer Satisfaction Product. National-Level Key New Product. ISO14001 Environmental Management System Certification Enterprise. OHSAS18001 Occupational Health and Safety Management System Certification Enterprise. ISO9001 Quality System Certification Enterprise.
PEOPLE’S HISTORY
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·In November, 1996, Zhejiang People Electricalal Appliance Group was established. ·In June, 1997, People Electrical Appliance Group became a trans-regional large-size group in China. ·In November, 1998, People Electrical Appliance Group implemented shareholding reform to its over 60 subordinate enterprises by means of merger and stake holding etc. to establish seven holding specialized subsidiaries. ·In April, 1999, People Electrical Appliance Group formally commenced the construction of the 75-mu Zhejiang People Electricalal Appliance High- tech Industry Park. ·In November, 1999, it entered Shanghai and established People Electrical Appliance Shanghai Co., Ltd. in January, 2000. ·In May, 2000, People Electrical Appliance Group was entitled the Provincial High-tech Enterprise in Zhejiang Province. ·In June, 2001, People Electrical Appliance Group merged Jiangxi Power Transformation Equipment Co., Ltd. – the second largest state-owned enterprise in China’s power transmission and transformation equipment industry, expanding the business scope to this sector. ·In September, 2001, People Electrical Appliance Group ranked the 6th in the newly selected Top 100 Township Enterprises in China’s Electrical Appliance Industry. ·In August, 2002, People Electrical Appliance Group ranked the 11th in the 2001 Top 500 Privately Operated Enterprises in China as published by the All-China Federation of Industry and Commerce. ·In January, 2003, People Electrical Appliance Group donated 10,000,000 yuan to the Society of Assisting the Impoverished for Privately Operated Enterprises in Yueqing. ·In January, 2003, CPC Committee of People Electrical Appliance Group was set up. ·In August, 2003, People Electrical Appliance Group ranked 228th in 2003 Top 500 Enterprises in China. ·In April, 2004, Hebei Xingang International Logistics Co., Ltd. under People Electrical Appliance Group was officially established and this project had a site area of 1,277 mu and a total investment of 5,000,000,000 yuan. ·In June, 2004, the World Brand Summit 2004 and Top 500 Most Valuable Brands in China release was held in Beijing, in which People Electrical Appliance Group ranked 185th with a brand value of 3,239,000,000 yuan. ·In July, 2004, People Electrical Appliance Group ranked 32nd in the 2003 Top 500 Machinery Enterprises in China. ·In October, 2004, People Electrical Appliance Group was entitled the first Excellent Privately Operated Enterprise in China. ·In January, 2005, People Electrical Appliance Group invested 800,000,000 yuan in Jiangxi for a high voltage and ultra-high voltage power transformer industrial park. ·In August, 2005, the research program of Key Technology and Application for the Testing, Simulation, and Control of Air Medium Arc by People Electrical Appliance Group in association with the Shanghai Scientific Research Institute and the Research Institute of Xi’an Jiaotong University achieved the Second Prize for Scientific and Technological Progress in China. ·In November, 2005, crosslinked polyethylene insulated high-voltage cable product with rated voltage of 110KV and below, as developed by People Electrical Appliance Group Shanghai Co., Ltd. with investment of more than 50,000,000 yuan, was put into normal production, therefore, People Electrical Appliance Group Shanghai Co., Ltd. has become the second manufacturer in Shanghai that introduced, developed, and produced 110KV crosslinked polyethylene insulated high-voltage cables. ·In January, 2006, the brand of PEOPLE was appraised as a Well-known Trademark in China by the State Administration for Industry and Commerce. ·In November, 2006, Ceremony for donation of People Electrical Appliance Group to Guangcai School and its 10th Anniversary was grandly held in Beijing’s Great Hall of the People. ·In May, 2007, the Renmin Road in Gedian Development Zone, Ezhou, Hubei Province, with the investment of 50 million yuan of People Electrical Appliance Group, was officially commenced. ·In September, 2007, People Electrical Appliance Group donated 10,000,000 yuan to the China Foundation for Guangcai Program to set up the People Electrical Appliance Public Welfare Foundation. ·In October, 2007, People Electrical Appliance Group became the electrical equipment supplier to the Chang E (moon exploration) Project of Xichang Satellite Launch Center. ·In October, 2007, People Electrical Appliance Group successfully signed contract with Tai’an Hydropower Station in Vietnam, thus it became the first privately operated Chinese enterprise as a general contractor for international development of hydropower project. ·In May, 2008, cadres and employees of People Electrical Appliance Group contributed 10,000,000 yuan and more than 8,000 suits of clothes to Sichun earthquake disaster area. ·In September, 2008, People Electrical supply products for “Shenzhou VII” spaceship and did contribution to Chinese astronaut wandering in the space for the first time. ·In November, 2008, People Electrical Appliance Group was entitled the top quality award-China Quality Award. ·On March 17, 2009, People Electrical won the “Most Influential Brand in China Electricalal Equipment Industry”. ·In July, 2009, the 220KV rectifier transformer independently researched and developed by People Electrical Appliance Group was put into use in Nanchang, which is the power transmission and transformation product with the largest current overload capacity in China to date. ·In July, 2009, the 220KV rectifier transformer independently researched and developed by People Electrical Appliance Group was put into use in Nanchang, which is the power transmission and transformation product with the largest current overload capacity in China to date.In July, 2009, the inauguration ceremony of the People Electrical Power Transmission and Transformation Ultra High Voltage Manufacturing Base with a total investment of 1.80 billion yuan and a land area of more than 1000 mu was held in Nanchang City of Jiangxi Province. The Group realized the strategic transformation from low voltage to the fields of high voltage and ultra-high voltage. ·In October, 2009, the 34000-ton “Bora-Atlantic” bulk cargo ship jointly manufactured by People Electrical and UK GRAL Company was launched in Weihai, Shandong Province. ·In March, 2010, products of “PEOPLE” play roles at Shanghai Expo Park, RMNS, RJXF and RXL-21 types of low voltage cabinets of “PEOPLE” brand officially entered exhibition pavilions of Belgium, Belarus and Argentina, etc. ·In July, 2010, People Electrical Appliance Group held grant sailing ceremony for 34000-ton “PolaPacific” bulk cargo ship. ·In October, 2010, the international strategy of People Electrical Appliance Group reached a new level. ·Tai’an Hydroelectrical Station jointly built by People Electrical and Vietnam Tai’an Hydroelectrical Joint Stock Company was completed finally and put into operation. ·In November, 2010, the first batch of on-load voltage regulation rectifier transformer of natural cooling in China came out from People Electrical Appliance Group Jiangxi Power Transmission and Transformation Co., Ltd, filling the blank of the unwritten history in this field in China. ·In January, 2011, People Electrical Appliance Group Hubei Headquarters Base Project started officially. ·In March, 2011, the Group spent 20,000,000 yuan to create a “Green Gallery” by planting a total of 2 million yews in Yandang Mountain Area. ·In November, 2012, China’s Top 100 Electrical Industry Enterprises was released, in which 3 companies of People Electrical Appliance Group were selected: People Electrical Appliance Group Co., Ltd., Zhejiang People Electrical Appliance Co., Ltd and Jiangxi People Power Transmission and Transformation Co., Ltd. ·In August, 2013, People Electrical Appliance Group won the honorary title of “Outstanding Unit in China Reform”, and the Board Chairman, Mr. Zheng Yuanbao, was named as “35 Prominent Figures in China’s 35-year Reform”. ·In August, 2013, Asian Brand Annual “Oscar” Award was announced ceremoniously that People Electrical was ranked top 500 in the Asian Brands, and won the “Chinese (industry) Top 10 Investment Valuable Brands Award”. ·In May, 2014, the provincial key industrialization project - People Electrical Hi-tech Headquarters Industrial Park began construction. ·In October, 2014, the large-capacity transformer of “PEOPLE” brand went on the market, which is currently one of the transformers with largest capacity produced in domestic transformer industry. ·In August, 2015, People Electrical passed the acceptance of “headquarters type” two deeply integrated project, transforming from the traditional manufacture enterprise to intelligence, informatization, digitization, automation and modularization. ·In October, 2015, Vietnam Anqing thermal power station was grid-connected officially, which was generally contracted by People Electrical EPC. People Electrical has gone a step further towards a comprehensive industry solution provider with the manufacturing ability of comprehensive equipment, service ability of technique inquiry and construction ability. ·In April, 2016, People Electrical Appliance Group was awarded the intelligent manufacturing demonstration enterprise of China electrical industry by China Electrical Equipment Industry Association. ·In 2016, People Electrical Appliance Group won the second China Quality Award Nomination Award and is the only winner in Wenzhou. ·In May, 2016, the corner stone laying ceremony of People Electrical “intelligent plant” was held in Huheng, Liushi Town, indicating the project officially entered construction phase. ·In June, 2016, People Electrical Appliance Group was awarded the title of “The Belt and Road” Construction Demonstration Enterprise, and on the International Fair for Investment and Trade held in Ningbo on June 6, the Deputy Secretary of the Provincial Party Committee and Provincial Governor, Mr. Li Qiang, personally awarded this prize to the Group. ·In June, 2016, as released by World Brand Lab, People Electrical Appliance Group was ranked at the 126th among the Top 500 Most Valuable Chinese Brands in 2016 with a brand value of 25,275,000,000 yuan. ·In August, 2016, People Electrical Appliance Group won the honor medal of “Wenzhou Top 100 High-Integrity Enterprises”. ·In August, 2016, People Electrical Appliance Group was listed in “2016 China’s Top 500 Machinery Enterprises” by CMMA. ·In September, 2016, People Electrical Appliance Group was rated as Zhejiang’s Top 100 Enterprises once again by Zhejiang Association of Undertakings. ·In November, 2016, People Electrical Appliance Group was recognized as Enterprise Credit Evaluation of AAA by the China Electrical Equipment Industry Association. In November, 2016, People Intelligent Technology Research Institute was established and People Electrical Appliance Group entered the intelligent era. ·In January, 2017, People Electrical Appliance Group won the 2016 National Advanced Unit of Customer Satisfaction Project. In March 2017, People Electrical Appliance Group won the honor of “Top Ten Foreign Exchange-Earning Enterprises” and "Meritorious Enterprise with Output Value over RMB 1 Billion”. ·In March, 2017, Mr. Mao Weiming, the member of Jiangxi Provincial Standing Committee and Executive Vice Governor, inspected Jiangxi Power Transformation Equipment Co., Ltd. ·In April, 2017, the insisting on integrity management and reinforcement in credit management made People Electrical Appliance Group pass the “Zhejiang Credit Management Demonstration Enterprise” renewal identification. ·In April, 2017, the People trademark of People Electrical Appliance Group passed the renewal identification of the “famous trademark” of Zhejiang Administration for Industry & Commerce. ·In May, 2017, the isolating switch (re-evaluation) produced by People Electrical Appliance Group was rated as “Wenzhou Famous-Brand Product” by Wenzhou Municipal Government. ·In May, 2017, the technology project of People Electrical Appliance Group Zhengjiang Company Technology Center won Zhejiang Province Science and Technology Progress Award issued by Zhejiang Provincial People’s Government. ·In June, 2017, the major science and technology project of Zhejiang Province led by People Electrical passed the acceptance of expert group. ·In July, 2017, “Yingling” series product launch was grandly held in the Semi-Annual Management Conference of People Electrical Appliance Group, indicating the implementation and innovation of the future product strategic planning of People Electrical Appliance Group. ·In July, 2017, the construction of People Electrical Appliance Group High-tech Headquarters Industrial Park was officially started. ·In August, 2017, People Electrical Appliance Group Zhejiang Company PLM product life management project passed the acceptance. ·In August, 2017, the major science and technology project of Yueqing Complex Waveform Residual Current Protection Technology and Product Development led by People Electrical Appliance Group Zhejiang Company, passed the acceptance. ·In August, 2017, People Electrical Appliance Group won China’s Top 500 Privately Operated Enterprises once again. ·In August, 2017, People Electrical Appliance Group was rated as “Wenzhou’s Top 100 Enterprises” once again. ·In September, 2017, People Electrical Appliance Group was listed in China Top’s 500 Machinery Enterprises and World’s Top 500 Machinery Enterprises once again. ·In September, 2017, People Electrical Appliance Group has won the title of China’s Top 500 Privately Operated Enterprises for 15 consecutive years. ·In December, 2017, People Electrical Appliance Group won the honorary title of National Customer Satisfaction Project. ·In March 2018, People Electric Group "PEOPLE" brand relay series products won the quality technology of Zhejiang Province. Authorized by the Supervisory Bureau, the title of “Zhejiang Famous Brand Product” selected by Zhejiang Famous Brand Strategy Promotion Committee ·In March 2018, People Electric was awarded the “Zhejiang Trademark Brand Demonstration Enterprise”. ·In April 2018, People Electric held a grand ceremony for the second phase of the High-tech Headquarters Industrial Park. ·In April 2018, People Electric Group re-evaluated through state-level "high-tech enterprises” ·In June 2018, after evaluation by the World Brand Lab, the “People” brand value reached 36.708 billion yuan, becoming one of the 500 most valuable brands in China. ·In August 2018, People Electric Group was once again awarded the title of Top 500 Private Enterprises in China. ·In September 2018, People Electric Group won the title of Top 500 Chinese Enterprises and Top 500 Chinese Manufacturing Enterprises for 16 consecutive years. ·In September 2018, Zhejiang People Electric Appliance Company invention patent "An AC Contactor" won the Zhejiang Patent Gold Award. ·In September 2018, Zhejiang People Electric Appliance Co., Ltd. "People Electric Low-voltage Electrical Appliances Provincial High-tech Enterprise Research and Development Center" was approved by the provincial high-tech enterprise research and development center. ·In October 2018, the Ethiopian omo3 sugar factory project was successfully completed and first batch of sugar was produced. This is the result of China-Africa friendship that was successfully developed by People Electric Group Shanghai Co., Ltd. and Zhongcheng Group. ·In November 018, the foundation of the People Electric (Hefei) Industrial Park project in Taohua Industrial Park, Feixi County, Hefei City was laid. ·In December 2018, the People's Holding Group Huazhong Company was opened. ·In December 2018, the People Intelligent Electric Research Institute was recognized as a provinciallevel enterprise research institute. ·2019 February, the People Electric Appliance Group Chairman Zheng Yuan Bao won the reform and opening up 40 years of significant influence Entrepreneur in Yueqing City ·2019 April, People Electric Appliance Group contracted in Hanoi, Vietnam's first photovoltaic power plant rooftop and power generation project successfully. ·2019 June, by the World Brand Laboratory Evaluation, "People" brand is valued at 45.136 billion yuan, becoming one of China's 500 most valuable brands. ·2019 September, People Electric Appliance Group for 17 consecutive years won the title of China Top 500 enterprises ·2019 September, People Electric Appliance Group "arc extinguishing structure for direct current circuit breaker" is US patents authorized, the corresponding domestic patent as "a type of DC circuit breaker." ·2019 November, the first "People Electric excellent staff Festival" curtain