Megmeet is nearing the 10-billion-RMB revenue milestone, reporting 9.403 billion RMB for 2025. The standout metric? Each employee generates over 1.05 million RMB in revenue. By focusing on high-margin sectors like AI servers and NEVs, the company is maximizing efficiency. Notably, founder Tong Yongsheng’s relatively low salary highlights a management style that prioritizes long-term corporate growth and equity incentives over immediate cash payouts.
The secret to this productivity is a "Technical Army" of 3,090 R&D staff, making up over a third of the company. With 559 Master's and PhD holders, Megmeet has built a massive talent moat. This engineer dividend is currently being funneled into next-gen AI power architectures and HVDC systems, ensuring that Megmeet stays ahead of the curve as a leader in high-performance computing infrastructure and domestic chip-power integration.
Globally, Megmeet is moving fast. With new hubs in Thailand, India, and the West, the company is transitioning to a "Global Operation" model. By setting up R&D and manufacturing bases closer to international clients, Megmeet is reducing latency in service and tapping into global talent pools. This localized strategy is the primary engine for the company’s push into the international power electronics market.
Despite a dip in 2025 net profits, Megmeet isn't tapping the brakes on innovation. The 2026 strategy is clear: keep R&D spending high but optimize internal costs. The goal is to move up the value chain and let overseas growth offset domestic price wars. For Megmeet, current R&D spending isn't just a cost—it’s the seed money for the profit explosions expected in the AI computing era.
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