Chint Group
| Company type | Holding company |
|---|---|
| Industry | Electrical equipment, Photovoltaic solutions |
| Predecessor | Yueqing Switch Factory |
| Founded | 1984 |
| Founder | Nan Cunhui |
| Headquarters | Wenzhou , China |
Area served | Worldwide (over 100 countries and regions as of 2024) |
Key people | Nan Cunhui (founder) |
| Products | Low-voltage electrical equipment, photovoltaic power generation facilities |
CHINT Group Co., Ltd. (Chint; ) is a Chinese holding company focused on manufacturing low-voltage electrical equipment and photovoltaic solutions.
Its subsidiary, Chint Electric, operates in the electrical appliance sector and is publicly traded on the Shanghai Stock Exchange.
Background
Established in 1984 by Nan Cunhui alongside five associates, Chint originated as Yueqing Switch Factory, funded initially with 50,000 yuan earned from shoe repair work.
The company transitioned into a joint-stock company in 1991. With the infusion of foreign capital and cutting-edge technology, Nan founded the Sino-US joint venture Chint Electric, which later developed into the present Chint Group.
After policy reforms in 2001 permitted private entrepreneurs to join the Chinese Communist Party, Nan assumed a deputy role at the National People's Congress. He actively promoted party membership among employees, achieving 262 members by 2002. Chint secured significant government contracts including projects for the Three Gorges Dam, Baosteel, Beijing Airport, and China Central Television. It was also the first private enterprise in Zhejiang to provide pension insurance and enhanced welfare for its workforce.
Chint ventured into the photovoltaic industry in 2006.
In 2007, Chint initiated legal action against Schneider Electric over patent infringement; this dispute concluded in 2009 with Schneider paying $23 million, marking China’s largest intellectual property settlement at that time.
Chint Electric was listed on the Shanghai Stock Exchange in 2010.
As a major backer of Wenzhou Minshang Bank—the first privately owned bank in China—Nan served as chairman when operations commenced in March 2015.
By May 2024, Chint had expanded its global presence to more than 100 countries and regions, with international sales comprising 30% of total revenue.
As of 2025, photovoltaic power generation facilities have become a crucial contributor to Chint’s growth trajectory.