Zhejiang Shuangpeng Electric Co., Ltd. (Jiangshan Shuangpeng Special Transformer Factory) is a production enterprise designated by the Ministry of Machinery Industry of China to produce power transformers below 110kV and complete sets of high and low voltage equipment.

The company was founded in 2000 and is located next to the Zhejiang Jiangxi Railway, Hangzhou Jinhua Quzhou Expressway, Huangqunan Expressway, and National Highway 205. It is 40 kilometers away from Quzhou Airport and has convenient transportation.