Ningbo AUX Solar Technology Co., Ltd. is wholly-owned subsidiary of Ningbo AUX Smart Technology Co., Ltd. with registered capital of USD 44 million, AUX Solar specializes in on-grid inverters, hybrid inverters, battery packs and energy storage systems. AUX Group was founded in 1986, for many years it ranked China's top 500 enterprises. AUX Group covers several industries: home appliances, electrical equipment, medical service, real estate and investment. It has two listed companies (601567.SH, 02080.HK). Up till now, AUX Solar has set up two R&D centers in Ningbo and Shenzhen as well as service centers in Brazil, Colombia, Poland, Bangladesh and Indonesia, building a marketing service system covering global solar markets.