STEP

Shanghai STEP Electric Corporation was founded in 1995. It is a national key-supported high-tech enterprise and a national innovative enterprise. In 2010, it was listed on the Shenzhen Stock Exchange A-share market (stock abbreviation: STEP, securities code: 002527). It is a member of the National Elevator Standardization Technical Committee, a member of the National Robot Standardization Overall Group, Vice Chairman of the China Robot Industry Alliance, Vice President of the Shanghai Robot Industry Association, Vice President of the Shanghai Intelligent Manufacturing Industry Association, and a demonstration unit of intelligent manufacturing by the Ministry of Industry and Information Technology.

With motion control technology as its core, STEP focuses on products such as smart elevators, servo drives, variable frequency speed control, robots, and industrial controllers. It develops digitalization and intelligence to provide customers with high-quality comprehensive intelligent manufacturing solutions.

STEP's products and solutions are widely used in industries and sub-sectors such as 3C electronics, lithium batteries, semiconductors, photovoltaics, logistics, food and beverages, medical, automotive, dispensing, laser, machine tools, elevators, water pumps, HVAC, rubber and plastics, general energy saving, construction machinery, metal products, chemical products, furniture, and others, serving more than 110 countries and regions worldwide.

STEP places great emphasis on R&D. It has established R&D centers in Shanghai, Shenzhen, Xi'an, Hangzhou, Germany, and Japan. It has a postdoctoral research workstation, and its technical center laboratory is accredited by CNAS. STEP has participated in the formulation and revision of multiple national and industry technical standards. As of now, it has obtained over 1,200 national authorized patents, invention patents, software copyrights, and more.

Based in its Shanghai headquarters, STEP pursues a global strategy and has established more than 20 subsidiaries at home and abroad, including STEP Robot, STEP Intelligent Technology, Sigriner STEP Motor, Anhui STEP Cable, Xi'an STEP High-end Equipment Manufacturing Software Application, Yixin (Shanghai) International Trade, Shanghai Baijiang Intelligent, Shenzhen ZZW, Hangzhou Zhishan Intelligent Control, Hong Kong International STEP, Germany STEP Electric, Japan STEP JP Co., Ltd., and Malaysia Sigriner Automation. In the future, it will continue to set up more global businesses and continuously expand the global market.

In June 2025, Haier Group strategically invested in Shanghai STEP Electric Corporation, and STEP officially became a member of Haier COSMOPlat industrial internet ecosystem.

STEP and its subsidiaries will leverage Haier COSMOPlat's advanced management model and mature digital operation system to improve asset management efficiency, enhance supply chain capabilities, raise core technology barriers, strengthen industrial synergy effects, seize market development opportunities, and accelerate its transformation into a first-class industrial automation and industrial robot enterprise, ushering in the new era of STEP 2.0.