Milestones
Devotion Group
Leading Energy Service Provider
Established in 1993, Devotion Group is a comprehensive energy service provider with “heat” as its core focus. The company offers a variety of clean energy products and services, including hot water, heating and cooling, and steam for residential, commercial, and industrial usages using natural gas, electricity and other renewable energy sources. Through years of innovation development, Devotion has become a National Innovative Enterprise, a National High-Tech Enterprise, a Guangdong Province Intellectual Property Demonstration Enterprise, and has been awarded the second prize of National Scientific and Technological Progress. The company was listed on the Shenzhen Stock Exchange in July 2012 (stock abbreviation: Devotion Corporation, stock code: 300335).
1993
With a startup capital of RMB 8,000, Guangzhou Devotion HVAC Co., Ltd. was established.
1998
the industrial boiler manufacturing base was established.
2000
Devotion and Italy's Riello jointly established Devotion Residential Boiler.
2003
Devotion Group was listed on the Main Board of the Singapore Stock Exchange.
2005
Devotion launched a second entrepreneurial focusing on energy operation in industrial steam.
2012
Devotion Corporation was listed on the Shenzhen Stock Exchange.
2014
Devotion Corporation acquired 100% equity of Devotion Industrial, realizing the first step of group resource integration.
2015
Developed steam projects for industrial parks across the country using various energy sources such as biomass, clean coal, natural gas.
2016
Devotion Corporation acquired 100% equity of Devotion Residential, realizing the overall listing of the group's core business.
2018
Devotion Corporation acquired 100% equity of Changzhou Boiler Inc., building a high-end equipment manufacturing base in the Yangtze River Delta.
2020
Devotion Residential fully laid out smart HVAC integration, dedicated to providing healthy, comfortable, and intelligent residential solutions for household users.
2022
Devotion Equipment’s renewable energy business unit expanded its capacity into solar and lithium battery markets.