Nari

Nari refers primarily to NARI Technology Co., Ltd. and its closely linked group companies within China’s power and automation sector. NARI Technology was established in 2001 in Nanjing as a spin‑off from the Nanjing Automation Research Institute (NARI Group), itself founded in 1973 under the State Grid Corporation of China. It is a partially state‑owned, publicly listed company on the Shanghai Stock Exchange (600406) and is majority‑owned by NARI Group, making it part of the State Grid corporate system. NARI Technology reported revenue of around CN¥51.6 billion in 2023 and employs roughly 11,000 people, with electrical and electronic equipment manufacturing as its core activity. The company and its subsidiaries provide power intelligence and smart grid solutions that span smart power generation, transmission, substations, distribution, and electricity consumption, together with information and communications, industrial control, municipal environmental protection, rail transit, water conservancy, and comprehensive energy solutions. Its portfolio includes power grid automation and dispatching systems, relay protection, flexible AC/DC and EHV/UHV transmission equipment, substation and distribution automation, demand‑side management, EV charging infrastructure, power market operation systems, and SCADA. NARI Technology also supplies control equipment and systems for wind and photovoltaic power generation, hydropower automation, and environmental and meteorological monitoring, serving utilities and industrial customers in China and more than 60 overseas markets. Within the wider NARI Group, related entities such as Nari Solar Energy Technology Co., Ltd. focus on the design, manufacturing, installation, operation, and maintenance of solar photovoltaic and other renewable power generation systems. Across the group, NARI invests heavily in R&D, holds a large patent portfolio, develops grid‑forming and other advanced smart‑grid technologies, and positions its solutions to support China’s dual‑carbon targets through higher grid efficiency, integration of renewables, and expanded energy management capabilities.