Hoymiles Power Electronics Inc. Stock Analysis 688032.SS

Hoymiles Power Electronics, Inc. specializes in MLPE (Module Level Power Electronics) solutions for global solar investors and end users. The company is headquartered in Hangzhou, Zhejiang. The company went IPO on 2021-12-20. The firm's photovoltaic inverters and related products primarily include microinverters and monitoring equipment, shutdown systems, string inverters and photovoltaic power generation systems. The energy storage-related products primarily include energy storage inverters and energy storage systems. The firm is also engaged in the provision of supporting energy storage products such as data sticks (DTS) and monitoring cloud service platforms. The firm primarily distributes its products to the domestic market, as well as overseas markets in the Americas, Europe and other Asian countries.