NARI Technology

NARI Technology is a Chinese power-system technology company headquartered in Nanjing, Jiangsu. The company develops and supplies equipment, software and integrated engineering solutions used across electricity generation, transmission, transformation, distribution and consumption. Its portfolio is associated with the automation and digitalization of electric grids, including dispatching and control platforms, substation automation, relay protection, distribution automation, energy-management systems, metering and power-information systems. The company was established in 2001 and became a listed company on the Shanghai Stock Exchange under the code 600406. Its corporate development is closely connected with NARI Group Corporation and the wider State Grid ecosystem. This relationship gives NARI access to a large domestic market for grid construction, modernization and digital transformation, while also positioning it as an important technology supplier for State Grid-related projects. NARI Technology is therefore best understood as a corporate technology brand rather than a consumer-facing product brand. NARI’s business scope spans both hardware and software. Hardware activities include protection and control devices, automation equipment, measurement and sensing products, power-electronic systems and equipment used in substations and distribution networks. Software and systems activities include grid dispatching, energy management, production management, control-room applications, information platforms and digital services. The company also undertakes system integration, technical services, engineering delivery and related research and development. Its strategic importance is linked to the changing requirements of power networks. As grids incorporate renewable generation, distributed energy resources, electric vehicles, storage and more complex demand patterns, utilities require improved observability, automation, protection coordination and operational control. NARI addresses these requirements through technologies for smart grids, digital substations, flexible transmission and distribution, power-market and energy-management applications, and related industrial digitalization. NARI primarily serves power utilities, grid operators, industrial users, infrastructure projects and other institutional customers. China remains its core market, while the company has also participated in international power projects and technology-related activities. The brand’s competitive positioning is based on engineering capability, long-term utility relationships, domain-specific research, project execution and integration of information technology with electrical equipment. Because NARI operates in a specialized business-to-business sector, its public profile is lower than that of consumer electronics or industrial equipment brands. Nevertheless, it is a significant Chinese supplier in power automation and grid technology. Its current identity combines a listed-company structure with close ties to State Grid and a broad portfolio covering grid control, protection, automation, digital platforms and power-system equipment. Nari Technology Co., Ltd. is a Shanghai-listed Chinese electrical-equipment and power-automation company associated with Nari Group and the State Grid Corporation of China. Its business is centered on technologies used to monitor, control, protect, and optimize electricity networks. The company serves the operational and infrastructure needs of power utilities through automation systems and related equipment rather than functioning primarily as a consumer-facing electronics brand. Nari's institutional background reaches back to the establishment of the Nanjing Automation Research Institute in 1973. That research organization became the foundation of Nari Group, which operates under the State Grid system. Nari Technology was separated as a corporate unit in February 2001, creating the listed operating company that carries the Nari Technology name. It completed its initial public offering on the Shanghai Stock Exchange on 16 October 2003. The company's portfolio includes power-dispatch automation, substation automation, distribution automation, industrial automation controls, and technical-support systems for electricity markets. These systems help utilities coordinate generation and transmission, supervise substations, manage distribution networks, and improve the visibility and responsiveness of grid operations. Nari also participates in the development and manufacture of power-electronics and electrical-control equipment, including high-power insulated-gate bipolar transistor products. Its activities therefore span software, control systems, protection and monitoring equipment, and specialized components used in power infrastructure. Nari's strategic position is closely connected to China's large-scale investment in grid modernization, digitalization, renewable-energy integration, and more automated electricity-system management. Its principal commercial environment is the Chinese power sector, where utility relationships, engineering capability, installed systems, and compatibility with grid operating standards are significant competitive factors. The company's association with State Grid gives it an important institutional position, while its public listing provides a separate capital-market identity. The company has also had an international presence through subsidiaries and overseas utility projects. One notable episode involved NR Electric, a Nari subsidiary, and Britain's National Grid. National Grid ended its contract with the subsidiary in April 2023 and began removing supplied components from transmission networks in December 2023. No official reason was given in the cited material, although the decision was linked in public reporting to cybersecurity concerns and advice from the UK's National Cyber Security Centre. NR Electric indicated that the change would cause a material loss of income for the business. Nari Technology remains an active listed enterprise focused on power automation and electrical infrastructure. Its brand is best understood as an industrial and utility-technology platform serving grid operators, infrastructure projects, and related energy-system applications. The company also operates internationally through subsidiaries and overseas utility projects. A notable episode involved NARI subsidiary NR Electric (Nanjing NR Electric Co., Ltd.) and Britain's National Grid, which terminated its contract with the subsidiary in April 2023 and began removing supplied components from transmission networks in December 2023. No official reason was given in the cited material, but public reporting linked the decision to cybersecurity concerns and advice from the UK's National Cyber Security Centre. NR Electric stated the decision would cause a material loss of income.

NARI Technology emerged from China’s power-automation and electric-grid research environment and was established in 2001. From the beginning, its activities centered on applying information technology, automation, control engineering and electrical engineering to the operation of power systems. The company’s formation reflected the growing need for modern dispatching, protection, substation control and utility information systems as China expanded and upgraded its electricity infrastructure. The company became publicly traded on the Shanghai Stock Exchange under the ticker 600406. Listing provided a formal capital-market platform for expansion while the business continued to operate in a highly specialized, project-oriented industry. Unlike a consumer brand, NARI’s development has been driven mainly by utility procurement, grid investment cycles, research and development, engineering delivery and long-term service relationships. During its development, NARI broadened its portfolio beyond individual automation products. It built capabilities in grid dispatching and control, substation automation, relay protection, distribution automation, energy management, metering, power-information systems and digital platforms. These activities allowed the company to address multiple stages of the electricity value chain, from high-voltage transmission and transformation to distribution-network operation and end-user measurement. NARI’s corporate position is closely associated with NARI Group Corporation and State Grid Corporation of China. That relationship connects the company with one of the world’s largest electricity-network operators and with the technical and procurement requirements of China’s grid system. It also helps explain the company’s emphasis on large-scale infrastructure projects, standardized utility technologies, operational reliability and integration between equipment and software. As China’s power system began incorporating larger volumes of renewable generation, ultra-high-voltage transmission, distributed energy resources, storage and digital monitoring, NARI expanded its relevance from conventional automation toward broader smart-grid and digital-grid applications. Its work has included technologies intended to improve grid visibility, protection, dispatch, control-room operations, distribution management and the coordination of increasingly complex power flows. The company has also maintained an international orientation through overseas projects and power-technology cooperation, although China remains its principal operating market. Its international activities are generally connected to electricity infrastructure and engineering rather than consumer distribution. Today, NARI Technology is an active listed power-technology enterprise with a broad business scope encompassing equipment, software, system integration, engineering and technical services. Its historical trajectory is that of a specialist Chinese grid-technology company that developed from power automation into a wider provider of digital and integrated solutions for electric-power systems. Nari Technology's origins lie in China's power-automation research system. The Nanjing Automation Research Institute, established in 1973, became the institutional base of Nari Group. The group was established under the State Grid Corporation of China and developed expertise in automation and control technologies for electricity networks. In February 2001, Nari Technology was established as a separate corporate unit under Nari Group. Its formation gave the business a distinct operating and capital-market identity while preserving its connection with the research and engineering capabilities of the wider Nari organization. The company subsequently developed as a supplier of electrical equipment and automation systems for China's power industry. Nari Technology held its initial public offering on 16 October 2003 and became listed on the Shanghai Stock Exchange. The listing marked an important transition from an institutional research and engineering organization into a publicly traded industrial technology company. It also allowed the company to participate in the expansion of China's electricity infrastructure through a broader portfolio of equipment and system businesses. The company's business has included power-grid dispatch automation, substation automation, distribution automation, industrial automation controls, and technical-support systems for electricity markets. These products support the supervision and management of generation, transmission, substations, and distribution networks. Nari has also manufactured high-power insulated-gate bipolar transistor products and other specialized electrical-control equipment. In its research and development work, the company initially relied on third parties for all testing services, but later established an internal testing process using Simcenter Micred quality-testing technology from Siemens. Nari's development has taken place alongside the modernization of China's electricity system. The growth of smart-grid programs, grid digitalization, renewable-energy integration, and more sophisticated electricity-market operations has created demand for the types of control, protection, monitoring, and automation technologies in which the company specializes. Its majority ownership by Nari Group and its ultimate relationship with State Grid have made it a significant participant in the Chinese power-technology ecosystem. The company and its subsidiaries have also supplied equipment outside China. A significant recent development concerned NR Electric and Britain's National Grid. National Grid terminated its contract with NR Electric in April 2023 and began removing components supplied by the subsidiary from power-transmission networks in December 2023. The cited reference does not identify an official reason, but public discussion connected the move with cybersecurity concerns following advice from the UK's National Cyber Security Centre. NR Electric stated that the decision would create a material loss of income. This episode illustrates the security and supply-chain scrutiny faced by power-grid technology suppliers operating in overseas markets. Nari Technology is currently an active Shanghai-listed company. Its identity combines a public-company structure with deep links to China's state-owned electricity research and utility system. The brand's principal role is that of an industrial technology provider for power-grid automation and electrical infrastructure, with business activities spanning systems, equipment, components, and engineering-oriented solutions. During its development, NARI broadened its portfolio beyond individual automation products. It built capabilities in grid dispatching and control, substation automation, relay protection, distribution automation, energy management, metering, power-information systems, and digital platforms. These activities allowed the company to address multiple stages of the electricity value chain, from high-voltage transmission and transformation to distribution-network operation and end-user measurement. NARI has also manufactured high-power insulated-gate bipolar transistor products and other specialized electrical-control equipment. In its research and development work, the company initially relied on third parties for all testing services, but later established an internal testing process using Simcenter Micred quality-testing technology from Siemens. Today, NARI Technology is an active Shanghai-listed power-technology enterprise with a broad business scope encompassing equipment, software, system integration, engineering, and technical services. Its historical trajectory is that of a specialist Chinese grid-technology company that developed from power automation into a wider provider of digital and integrated solutions for electric-power systems. Its identity combines a public-company structure with deep links to China's state-owned electricity research and utility system.

• 2023

  National Grid contract termination and component removal

  [4]Nari Technologyen.wikipedia.org

  National Grid terminated a contract with NARI subsidiary NR Electric in April and began removing supplied components from transmission networks in December.

• 2003

  Shanghai Stock Exchange listing

  [2]Shanghai Stock Exchangesse.com.cn

  The company completed its initial public offering and became listed on the Shanghai Stock Exchange on 16 October under ticker 600406.

• 2001

  Company established

  [1]NARI Technology official websitenari.com.cn

  NARI Technology was established as a power-system automation and technology enterprise in China.

• 2001

  Nari Technology established as a separate unit

  [4]Nari Technologyen.wikipedia.org

  NARI Technology was established in February as a separate corporate unit under NARI Group, creating the listed operating company that carries the NARI Technology name.

• 1973

  Nanjing Automation Research Institute established

  [4]Nari Technologyen.wikipedia.org

  The research institute that formed the institutional foundation of NARI Group was established under China's State Grid system.

• Expansion into integrated grid technology

  [1]NARI Technology official websitenari.com.cn

  The company expanded from power-automation activities into relay protection, substation and distribution automation, metering, energy management, digital-grid platforms, and system integration.

A major Chinese business-to-business provider of power-grid automation, protection, control, digitalization and integrated engineering solutions, with a customer base centered on utilities and electricity infrastructure. A high-end industrial supplier of power-grid automation, electrical control, and smart-grid infrastructure technologies.

• Power-system software and control

  Grid dispatching and control systems

  Software and integrated control platforms used by power-system operators to monitor network conditions, analyze operating states, coordinate generation and transmission, and support dispatching decisions. These systems form part of the operational technology of control centers and are designed for utility-scale electricity networks.

• Substation equipment and automation

  Substation automation systems

  Automation, monitoring, protection and control solutions for substations. The offering combines field devices, communications, control functions and supervisory software to support safer and more efficient operation of transmission and transformation facilities. Automation, monitoring, protection, and control solutions for substations. The offering combines field devices, communications, control functions, and supervisory software to support safer and more efficient operation of transmission and transformation facilities, integrating protection, measurement, communications, and operational supervision so that substations can be managed with greater centralization and digital connectivity.

• Power protection equipment

  Relay-protection systems

  Protection devices and associated systems that detect abnormal electrical conditions and help isolate faults. Relay protection is a core power-grid function because it limits equipment damage, improves system stability, and supports continuity of electricity service.

• Distribution-grid equipment and software

  Distribution-automation solutions

  Solutions for monitoring, controlling, and automating medium- and low-voltage distribution networks. Typical functions include feeder monitoring, fault location, isolation, and service restoration, helping utilities improve reliability and manage more distributed and variable forms of electricity supply.

• Metering and utility information technology

  Smart metering and power-information systems

  Electricity-measurement equipment and information systems supporting meter data collection, utility operations, customer-related processes, and energy analysis. These products connect physical measurement with broader utility information and management platforms.

• Digital power systems

  Digital-grid and energy-management platforms

  Digital platforms and services intended to improve the visibility, analysis, and coordinated management of power networks. They address requirements created by renewable generation, storage, distributed energy resources, electric vehicles, and increasingly data-driven grid operations.

• Grid control and dispatch

  Power-grid dispatch automation systems

  Systems used by power-grid operators to supervise network conditions, coordinate operations, and support dispatch decisions across generation and transmission assets. They form part of Nari's core power-automation business and are intended to improve the visibility, coordination, and operational control of complex electricity networks.

• Substation control and protection

  Substation automation solutions

  Automation, monitoring, and control technologies for substations. These solutions help integrate protection, measurement, communications, and operational supervision so that substations can be managed with greater centralization and digital connectivity.

• Distribution-grid automation

  Distribution automation systems

  Technologies for monitoring and controlling electricity-distribution networks. Distribution automation can support fault management, network supervision, and more efficient utility operations, making it an important part of smart-grid deployment.

• Energy-market information systems

  Electricity-market technical-support systems

  Technical platforms and related systems that support electricity-market operations. They belong to NARI's broader power-sector information and automation portfolio and are designed for the operational requirements of utilities and market institutions.

• Power semiconductors and electrical components

  High-power IGBT products

  High-power insulated-gate bipolar transistor products used in power-electronics applications. NARI's business includes manufacturing these specialized components alongside larger grid-control and electrical-equipment activities.

• 2023

  UK National Grid contract termination and component removal (2023)

  National Grid terminated its contract with NARI subsidiary NR Electric in April 2023 and began removing supplied components from power-transmission networks in December 2023. No official reason was given in the cited material, but public reporting linked the decision to cybersecurity concerns and advice from the UK's National Cyber Security Centre. NR Electric stated the decision would cause a material loss of income. The episode exposed the security and supply-chain scrutiny affecting overseas suppliers of critical power infrastructure.

  Source

Read more

• 2023

  Response to National Grid's withdrawal from the NR Electric contractOther

  Background

  National Grid ended its contract with Nari subsidiary NR Electric in April 2023 and later removed supplied components from transmission networks. The cited material links public discussion of the decision to cybersecurity concerns, while noting that no official reason was provided.

  Action taken

  National Grid proceeded with contract termination and component removal. NR Electric disclosed that the decision would cause a material loss of income for the business.

  Aftermath

  The episode exposed the security and supply-chain scrutiny affecting overseas suppliers of critical power infrastructure. The cited material does not provide a subsequent resolution or quantified financial impact.

  Source

• Establishment as a separate unit under Nari Group (2001)Other

  Source

• Initial public offering on the Shanghai Stock Exchange (2003)Other

  Source

• Development of in-house testing process using Simcenter Micred (undated)Other

  Source

• 2023

  National Grid terminated its contract with Nari subsidiary NR Electric[4]Nari Technologyen.wikipedia.org

  Regulation · Other

  Britain's National Grid ended its contract with NR Electric in April 2023. Public reporting associated the decision with cybersecurity concerns and advice from the UK's National Cyber Security Centre, although National Grid did not provide a reason in the cited material.

• 2023

  National Grid began removing NR Electric components from transmission networks[4]Nari Technologyen.wikipedia.org

  Regulation · Other

  In December 2023, National Grid started removing components supplied by Nari subsidiary NR Electric from electric-power transmission networks. NR Electric said the decision would result in a material loss of income for the business.

1. 1NARI Technology official websitenari.com.cn
2. 2Shanghai Stock Exchangesse.com.cn
3. 3State Grid Corporation of Chinasgcc.com.cn
4. 4Nari Technologyen.wikipedia.org
5. 5Nari Technology official websitenaritech.cn