NARI Technology

NARI Technology is a partially state-owned publicly listed Chinese company that engages in the manufacture and sale of electrical equipment that includes industrial automation control products.

It is majority owned by the NARI Group which is directly under the State Grid Corporation of China.

Background
In 1973, the Nanjing Automation Research Institute (NARI Group) was established under the State Grid Corporation of China.

In February 2001, NARI Technology was established as a separate unit under the NARI Group.

On 16 October 2003, NARI Technology held its initial public offering becoming a listed company on the Shanghai Stock Exchange.

In April 2023, National Grid terminated its contract with NARI Technology subsidiary, NR Electric and in December 2023, started removing components supplied by it for electric power transmission networks. While no reason was given, it was speculated it was due to cybersecurity concerns after advice was given by the National Cyber Security Centre. NR Electric had worked with National Grid since 2019 and stated the decision would cause “a material loss of income for the business. ”

Business overview
NARI Technology is a supplier of power and automation technologies in China.

NARI Technology's main business involves the manufacturing of high-power insulated-gate bipolar junction transistors. It initially had to rely on third-party companies for outsourcing all testing in its research and development processes. However it was able to develop its own in-house testing process after implementing Simcenter Micred, a quality tester produced by Siemens.