CROSBY Research – Wasion Holdings (3393 HK/BUY): Unconventional energy tech; poised for revaluation

9 Jan 2026

We have been covering Wasion for a long time. Over the years, we have observed its impressive evolution from a pure metering business into a diversified advanced technology player. Wasion’s pivot reflects China’s broader energy modernization strategy, where utilities are no longer just about power delivery but also about data-driven efficiency and sustainability.