The company was founded in December 1993 and is a well-known domestic listed company specializing in power technology research and development, equipment manufacturing, and engineering services (stock code 002028). Since it was listed on the Shenzhen Stock Exchange in 2004, it has developed steadily at a compound growth rate of 25.8% every year. In 2022, the company added 12.122 billion yuan in contract orders. The company's main business is R&D, production, sales and service of power transmission and distribution equipment. The company's main products include GIS and GIL of 800 kV and below, relay protection equipment and monitoring systems for substations of 500 kV and below, SF6 circuit breakers and isolators of 750 kV and below, complete power capacitor devices of 1000 kV and below, current transformers of 500 kV and below, voltage transformers of 1000 kV and below, AC/DC bushings of 500 kV and below, DC circuit breakers of 500 kV and below, 500 kV and below, reactors of 500 kV and below, complete neutral point grounding devices, 35 kV and below GIS/C-GIS and ring network cabinets, dynamic reactive power compensation systems, high voltage active filter systems, oil chromatography and online monitoring systems, mobile/prefabricated substations, home optical storage systems, etc. Company honors: Quality, Environmental, and Occupational Health and Safety Three System Certification (Siyuan Electric), Shanghai Contract-abiding and Credit-worthy Enterprise Certificate (Siyuan Electric), Shanghai Certified Enterprise Technology Center Certificate, Minhang District Science and Technology Little Giant Training Unit, etc.
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