Wasion Holdings Establishes Presence in Morocco and Accelerates Expansion
The Chinese group Wasion Holdings, specializing in smart meters, electrical network equipment, and digital energy management solutions, is strengthening its international presence with the establishment of a subsidiary in Morocco.
Listed on the Hong Kong Stock Exchange under the code 3393, the group is taking a significant step in its international development. According to information reported by Barlamane.com, this establishment complements its global setup, which includes a factory in Indonesia and a technology center in Saudi Arabia.
A Strategic Positioning in Energy Infrastructure
The creation of this new entity allows Wasion to have a direct legal presence in the Moroccan market, with a scope of activities that significantly exceeds just the electric meter sector.
The group develops solutions covering electric, water, and gas meters, communication systems linked to networks, management software, smart electricity distribution, and advanced metering technologies.
This diversification positions Wasion across multiple segments related to the modernization of energy infrastructure and the digital transformation of networks.
Wasion’s International Activities Scale Up
This Moroccan establishment comes amid a significant acceleration of the group’s international activities.
In the first half of 2026, Wasion Holdings generated a revenue of 2.39 billion yuan outside of China, which is approximately 3.19 billion dirhams, reflecting a 92% year-on-year increase.
New international orders reached 4.44 billion yuan, nearly 5.93 billion dirhams, demonstrating an impressive growth of 108% over the same period.
These performances illustrate the rising prominence of foreign markets in the Chinese group’s development strategy.
Africa: A Growing Market
The African continent already accounts for a significant portion of this expansion. In the first six months of 2026, Wasion generated 344.5 million yuan in revenue there, equivalent to about 460 million dirhams.
In the smart electrical networks segment, the group recorded a revenue of 1.99 billion yuan, nearly 2.67 billion dirhams, marking a 6% increase.
The establishment in Morocco could enable Wasion to enhance its capacity to support projects related to the digitization of networks and smart infrastructure across the continent.
From Smart Meters to Digital Water Management Systems
The group’s area of intervention is not limited to electricity alone. Wasion also markets smart water meters, advanced metering infrastructure (AMI) platforms, and digital systems capable of connecting meters to communication networks and monitoring platforms.
In the first half of 2026, the group secured several contracts for smart water meters in the Middle East and digital water management projects in the Comoros.
This expertise could provide a vital development avenue as network operators seek to improve consumption tracking, data collection, and remote management of infrastructures.
An Expanding Portfolio in Storage and Renewable Energies
Wasion also develops equipment for electric distribution, energy storage solutions, and systems tailored for data centers and renewable energy installations.
These activities generated 5.39 billion yuan in revenue in the first half of 2026, approximately 7.2 billion dirhams, reflecting a 23% increase.
Services related to digital energy exhibited even more significant growth, accounting for 2.39 billion yuan, around 3.19 billion dirhams, nearly double the level recorded a year earlier.
With this new establishment, Wasion Holdings is thus reinforcing its international footprint and positioning itself in several markets related to energy transition, network digitalization, and intelligent resource management.
