Shinhan Mechatronics was founded in 1986 and claims to have invented Korea’s first electronic hot & cold water meters, later receiving national type approvals and collaborating with Actaris/Schlumberger RMS, a world leader in metering technology.

Shinhan produces:

Cold and Hot water meters

Heat meters and Gas meters

Electronic flow meters and Digital water meters

Automatic Meter Reading (AMR) and Smart Water Meter Reading systems

Several entities appear under the Shinhan brand (Shinhan Precision, Shinhan Electronic, Shinhan Mechatronics), but all are metering‑technology companies originating in Korea. The company is located in Michuhol-gu. Incheon, Korea.

The company also provides remote metering infrastructure, contributing to Korea’s national advancement in utility digitisation.