Zhejiang Bin Teng Technology Co., Ltd., formerly known as Hangzhou Bin Teng Technology Co., Ltd., was established in 2008. The company now operates its own industrial park with a construction area of over 40,000 square meters. It is a top-tier partner of State Grid and has won numerous contracts for major State Grid project tenders over the years, with an annual output value of 500 million yuan. In August 2017, it was recognized as a high-tech enterprise in Hangzhou, and in November 2017, it received the designation of a national high-tech enterprise.

The company has been dedicated to the production and sales of intelligent power meters (terminals) for end users, aiming to provide users with intelligent power monitoring systems, low-voltage power active filtering devices, energy-specific metering systems, electrical fire monitoring systems, and other products and services. The company also focuses on the technological development of comprehensive energy resources to improve customer power utilization efficiency and safety.

The company's main products include digital display meters, SVG, APF, intelligent capacitors, microcomputer protection, electric vehicle charging stations, meter boxes (SMC), broadband carrier modules (HPLC), end products in the power industry chain, system integration, and more. In 2022, the company obtained A Grade B power engineering general contracting qualification; it undertakes installation (repair and testing), solar EPC projects, meter installation and power connection, data collection and maintenance operations, on-site emergency repairs (data collection products), meter reading and billing collection, automated distribution network projects (PMS maintenance, IIV maintenance, DTU defect elimination, positioning, joint testing, fiber optic cable construction, etc.), and power technology consulting. "Innovation is the core competitiveness."

"Quality is life." The company possesses a comprehensive set of inspection and testing equipment, as well as a well-equipped product testing center capable of conducting various types of tests, including environmental, electromagnetic compatibility, safety, and reliability tests. In 2011, the company obtained the ISO 9001:2008 quality certification system, and it strictly adheres to the ISO 9001 management standards throughout the manufacturing process, thereby providing a guarantee for the industrialization and large-scale implementation of its products.