NARI-TECH(SH:600406) Shang Hai Zheng Quan Bao·2025-11-27 00:44Core Viewpoint - The company, Guodian NARI, is positioned as a leading high-tech enterprise in China's power and industrial control sector, focusing on the development of a new energy system and enhancing grid safety through innovative technologies and research capabilities [5][6][9]. Group 1: Company Overview - Guodian NARI is recognized as a "problem solver" in the power grid industry, with a strong research team that ensures the safety and reliability of the power grid [5]. - The company has made significant advancements in smart grid technology and has transitioned from a follower to a leader in the international market through high levels of R&D investment [6]. Group 2: Technological Innovation - The company has achieved breakthroughs in key technology areas such as ultra-high voltage equipment, relay protection, and new energy integration, particularly since the start of the 14th Five-Year Plan [6][7]. - Guodian NARI has established seven specialized research teams to tackle industry challenges and advance cutting-edge technologies, emphasizing a long-term approach to research and development [7]. Group 3: New Energy System Development - The company is actively involved in the construction of a new energy system, aligning with national goals to increase the share of non-fossil energy consumption to over 30% by 2035 [8][9]. - Guodian NARI is focusing on the integration of clean energy with grid systems, addressing challenges posed by the uneven distribution of renewable energy sources [9]. Group 4: Business Growth and Market Expansion - The low-carbon energy sector of Guodian NARI has experienced rapid growth, particularly in new energy equipment and grid-friendly technologies [10]. - The company has made progress in its overseas business, particularly in ultra-high voltage direct current transmission and energy storage systems, with expectations for steady growth in revenue and profit [10]. Group 5: Future Goals - Guodian NARI aims to become a world-class leader in energy internet technology, with a strategic focus on smart grids, energy integration, and industrial interconnectivity [10]. - The company plans to optimize its business layout and achieve sustainable development through innovation-driven strategies [10].