Zhejiang New Folinn Electric Co., Ltd., referred to as Folinn Electric, was founded in 1994. It is located in Wenling, Zhejiang, a young city on the coastline of China and a famous advanced manufacturing base in the Yangtze River Delta. The company focuses on inverter manufacturing, and its market share has always been in the forefront of the industry. It is one of the few professional inverter manufacturers in China that integrates R & D, production and sales.

The company has 270 patented technologies and 21 software copyrights; the total construction area of its own workshop is 35,000 square meters. Three major R & D centers have been established in Taizhou, Hangzhou and Germany. The sales network and after-sales service agencies have been distributed in major provinces, cities and autonomous regions in the country, and are exported to Europe, America, Southeast Asia, the Middle East and other countries. After nearly 20 years of leaping development, it has been rated as the "Top Ten Domestic Low-Voltage Frequency Converter Brands" and "Zhejiang High-tech Enterprise" for many consecutive years.