NARI

NARI Group Co., Ltd. (State Grid Electric Power Research Institute) is a direct research and industrial unit of State Grid Corporation of China. It originated from the Nanjing Automation Research Institute of the Ministry of Water Resources and Electric Power, established in 1973, and has fully participated in and witnessed the leapfrog development of China's electric power industry over half a century. It has now become a leading enterprise in the fields of energy, electric power, and industrial control in China. Committed to ensuring reliable power supply, safeguarding national energy security, and promoting the development of high-tech industries, NARI has built three major clusters: grid intelligent industry, high-end digital industry, and emerging industries outside the grid based on homologous technology expansion and large-scale development. Its listed subsidiary, NARI Technology (600406), is the first listed company in the State Grid system, with a market value peaking at over 260 billion RMB, and was selected as a 'Science and Technology Reform Demonstration Enterprise' by the SASAC in 2023. NARI Group's headquarters is located in Nanjing, Jiangsu, with total assets exceeding 110 billion RMB and over 18,000 employees. It has established R&D and industrial bases in more than 20 regions including Nanjing, Beijing, and Shanghai, possessing over 500 types of high-tech products with independent intellectual property rights. Its products and services cover all parts of China and more than 100 countries and regions. NARI Group is dedicated to becoming a world-leading energy internet industry group, fully supporting the construction of new power systems, contributing to the achievement of the goals of 'carbon peak and carbon neutrality', and contributing NARI's wisdom and strength to accelerate the construction of a world-leading energy internet enterprise with Chinese characteristics.