Yikun Electric was founded in 1993 and restructured into a joint-stock company in 2018. It is a high-tech enterprises specialized in the research, development, production & sales of overvoltage protection and online monitoring equipment for distribution & transmission power systems and rail transit. It focuses on the research of comprehensive solutions for overvoltage production, mainly providing products such as polymer insulators, surge arresters, dropout fuse cutouts and online monitoring equipments.

After years of technological precipitation and process innovation, the company is at the forefront of the industry in terms of research and development innovation ability, process level, production capacity, and other aspects. The Yikun Research Institute established by the company actively undertakes industry research projects, participates in the drafting of multiple standards, and has strong technical strength. It has been recognized by the Provincial Enterprise Research Institute and the Provincial Enterprise Technology Center. The company is a member of the National Lightning Arrester, Insulator Standards Committee, and Lightning Protection Standards Committee. It has obtained 38 patents, including 8 invention patents, and has obtained international railway industry standard (IRIS) certification and railway product certification center (CRCC) system certification. It provides supporting insulation and overvoltage protection equipment for traction power supply systems of electric locomotives, high-speed trains, subway light rails, and electrified railways in various locomotive factories of CRRC Group. Multiple products have taken the lead in passing the type tests conducted by the internationally authoritative laboratory KEMA in the Netherlands, and are widely used in power systems in over 50 countries and regions worldwide. The company has successively won multiple honors, including "National Level Specialized, Refined, and New Small Giant Enterprise", "First Prize of the Science and Technology Award of the Chinese Railway Society in 2020", "Zhejiang Province Invisible Champion Cultivation Enterprise", "AAA Level Tax Credit Enterprise", "AA Level Contract Observing and Credit Unit", "Zhejiang Famous Trademark", "Zhejiang Famous Brand Product", "Zhejiang Export Famous Brand", and "Zhejiang Province Credit Management Demonstration Enterprise".

In the future, we will continue to adhere to the business philosophy of "specialization, trustworthiness, and responsibility", adhere to the corporate spirit of "practicality, integrity, innovation, perseverance, and harmonious development", and strive to achieve the corporate goal of "becoming a first-class international electrical equipment brand and a global leader in rail transit electrical equipment and intelligent electrical safety monitoring equipment".