Founded in 2010, Ningbo SANXING Smart Electric Co., Ltd. (Ningbo SANXING Smart Electric) is a wholly owned subsidiary of Ningbo SANXING Medical Electric Co., Ltd. (601567.SH), which operates under the umbrella of AUX Group, a Fortune 500 company in China. Headquartered in China, Ningbo SANXING Smart Electric has over 5,000 employees worldwide, dedicated to providing reliable products, solutions and services to customers.