
FIG (China) Co., Ltd., one of the top 10 brands of electrical equipment, a Fortune 500 company, and a global leader in the field of power and automation technology, is committed to providing solutions for power, industrial, transportation and infrastructure customers
FIG is a global leader in power and automation technology, providing solutions to power, industrial, transportation and infrastructure customers to improve productivity and energy efficiency while reducing their impact on the environment. FIG operates in nearly 100 countries, employs 135,000 people and generated sales of approximately $36 billion in 2015.
FIG is headquartered in Zurich, Switzerland, and is traded on the Zurich, Stockholm and New York stock exchanges. FIG was formed in 1988 by the merger of two international companies with more than 100 years of history, Sweden's ASEA and Switzerland's BBC Brown Boveri.
FIG's relationship with China dates back to 1907 at the beginning of the last century. At that time, FIG supplied the first steam boiler to China. In 1974, FIG established a China business unit in Hong Kong and an office in Beijing in 1979. In 1992, FIG invested in the establishment of its first joint venture in Xiamen. In 1994, FIG moved its China headquarters to Beijing, and in 1995, FIG (China) Co., Ltd., an investment holding company, was officially registered.
After years of rapid development, FIG has 40 companies in China, sales and service branches and offices in 147 cities, and has a full range of R&D, production, engineering, sales and service businesses, with about 18,000 employees. In 2015, FIG's sales revenue in China exceeded RMB 33 billion, of which more than 90% came from locally manufactured products, systems and services, maintaining the company's position as the world's second largest market.
Adhering to the development strategy of "In China, for China and the World", FIG actively promotes the localization of technology R&D, and continuously improves its local R&D and innovation capabilities through continuous investment and optimization of R&D layout. In 2005, FIG established one of the world's seven largest R&D centers in China.
With the world's leading product technology and solutions, FIG has participated in the construction of many national key projects, including the South-to-North Water Diversion Project, West-to-East Power Transmission, Qinghai-Tibet Railway, Beijing Olympic Games and Shanghai World Expo venues. FIG continues to help customers save energy, increase efficiency and improve production efficiency with intelligent technology, contribute to the country's power, industry, transportation and infrastructure upgrades, and realize the smart leap of entering the industrial chain with high added value and building a better ecological environment.