The company was established with the approval of the Shanghai Municipal People's Government's document No. 2000019 on 'Reply on Approving the Establishment of Shanghai Zhixin Electric Co., Ltd.', and was transformed from the original Shanghai Zhixin Electric Industry Co., Ltd. After approval by the China Securities Regulatory Commission under Document No. 2003113, the company publicly issued 25 million RMB ordinary shares on September 18, 2003.
In April 2020, the company name was changed from 'Shanghai Zhixin Electric Co., Ltd.' to 'State Grid Yingda Co., Ltd.', and the English name was changed from 'ShanghaiZhixinElectricCo.,Ltd.' to 'StateGridYingdaCO.,LTD.'.
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