ABB Group is listed among the Fortune Global 500 companies, with its headquarters located in Zurich, Switzerland. ABB was formed in 1988 by the merger of two international companies with a history of over 100 years, ASEA from Sweden and BBC Brown Boveri from Switzerland. The two companies were established in 1883 and 1891 respectively. ABB is a manufacturer in the field of power and automation technology. ABB's technology can help power, utility, and industrial customers improve performance while reducing adverse environmental impacts. ABB (ABBN: SIX Swiss Ex) is committed to promoting digital transformation and upgrading in the industry. Based on over 130 years of innovation history, ABB puts customers at the center of electrical, industrial automation, motion control, robotics and discrete automation, as well as ABB Ability ™ Digital platform. ABB's power grid business will be transferred to Hitachi Group in 2020. ABB Group's business covers over 100 countries and regions worldwide, with 147000 employees. ABB has comprehensive business activities in China, including research and development, manufacturing, sales, and engineering services. It has 44 local enterprises and nearly 20000 employees in more than 130 cities, with online and offline channels covering approximately 700 cities across the country.