Development journey
- 01 2000-2009 Foundation & International Expansion
- 02 2010–2018 Technology, Standards & Brand Development
- 03 2019–PRESENT Global Energy Measurement Growth
Foundation & International Expansion
Company foundation, product development and the beginning of global market expansion.
Zhejiang Yongtailong Electronic Co., Ltd. was established
Zhejiang Yongtailong Electronic Co., Ltd. was established in Tongxiang, Zhejiang, China. From the beginning, YTL focused on the research, development and manufacturing of electronic energy meters, building the foundation for long-term expertise in energy measurement technologies.
New factory on Kangding Road
In November, YTL moved into a 3,600-square-metre factory at No. 8 Kangding Road in the Tongxiang Economic Development Zone.
Entering Global Markets
YTL started international business operations and expanded its energy metering products to overseas markets. With annual sales exceeding RMB 10 million, YTL established a solid foundation for future global growth.
Technology-based SME
YTL was recognized by the Zhejiang Provincial Department of Science and Technology as a Technology-Based SME of Zhejiang Province.
Zhejiang Yongtailong Electronic
The company formally adopted the name Zhejiang Yongtailong Electronic Co., Ltd. and expanded its overseas market from Eastern Europe into Western Europe, with annual sales exceeding RMB 50 million.
New trademark and high-tech recognition
YTL registered its new trademark in May and was recognized as a High-Tech Enterprise in Zhejiang Province.
Capacity expansion
YTL invested RMB 2.5 million to expand its factory by 2,798 square metres and acquired 54 mu of land, laying the foundation for long-term growth.
Technology, Standards & Brand Development
Strengthening technology capabilities, quality systems and international certification partnerships.
STS Association member
YTL became a member of the STS Association, strengthening its participation in international prepaid metering standards.
DLMS membership and revenue milestone
YTL became a DLMS member and annual sales exceeded RMB 100 million. The company also organized its first sports meeting, garden tour and employee salon.
Shareholding reform
YTL completed a capital increase and shareholding reform, established a parent-subsidiary structure, became Zhejiang Yongtailong Electronic Co., Ltd. and fully acquired Tongxiang Weida Electronic Co., Ltd.
Tongsheng Road relocation
YTL moved to No. 320 Tongsheng Road in Tongxiang and was recognized as a Provincial High-Tech Enterprise Research and Development Center.
Provincial brand honors
YTL received the honors of Zhejiang Famous Trademark and Zhejiang Export Famous Brand.
Goal-based incentives
YTL implemented its first goal-based incentive program, involving 28 employees.
Domestic market expansion
YTL became a provincial AA-level contract-honoring and trustworthy enterprise, established its domestic marketing operation and entered the China market. The company also launched its first car incentive program.
Research and technology honors
YTL received recognition as a Provincial Research Institute and Provincial Enterprise Technology Center, as well as the Zhejiang Famous Brand Product honor.
Global Energy Measurement Growth
Expanding intelligent metering products, testing capabilities and global energy application solutions.
CNAS laboratory qualification
YTL obtained CNAS laboratory accreditation, strengthening its in-house energy meter testing and verification capabilities.
Mission and strategy refresh
In December, YTL refined its corporate mission and vision and clarified its product-leading strategy.
Rotating CEO and IDIS certification
YTL trialed a rotating CEO management model and passed IDIS international certification.
Employee welfare and PMSE
YTL expanded monthly employee welfare programs and formally implemented the PMSE management model.
Specialized and innovative SME
YTL was selected as one of Zhejiang Province's second batch of Specialized, Sophisticated, Distinctive and Innovative SMEs.
National Little Giant enterprise
YTL qualified as a national Specialized and Sophisticated Little Giant enterprise.
AI localization project
In February, YTL formally launched its AI system localization deployment project.
YTL Today: Smart Energy Metering Partner
Today, YTL provides AC/DC energy meters, smart meters, DIN rail meters and customized metering solutions for commercial, industrial, renewable energy, EV charging and energy management applications worldwide.
