China’s e-commerce market is the largest in the world, with retail sales reaching trillions of dollars annually. It is driven by a huge internet user base, widespread use of mobile payments, and strong logistics networks.

The micro inverter market is experiencing significant growth, driven by the increasing adoption of solar energy systems worldwide. Micro inverters are devices that convert direct current (DC) electricity generated by individual solar panels into alternating current (AC) electricity, enhancing the overall efficiency and performance of solar installations.