State Grid Yingda Co.,Ltd. (China)

State Grid Yingda Co., Ltd. is a publicly listed company that is privately held and partially owned by a state-owned large enterprise. It is located in Shanghai, China. The company specializes in the production of amorphous alloy transformers, making it the only company in the country that focuses on this area. State Grid Yingda Co., Ltd. has introduced design principles from General Electric (GE) in the United States and has independently developed and produced amorphous alloy distribution transformers and amorphous alloy composite transformers that meet international advanced standards. The company has modern production and testing equipment, including a production line for amorphous alloy transformers, as well as a research and development center composed of industry experts and senior researchers, including technical experts from GE. The amorphous alloy transformers produced by the company have successfully passed the short-circuit tests conducted by the National Transformer Testing Center and have been recognized and approved by the State Grid Corporation of China and the State Administration of Machinery. The company's products have filled several gaps in the domestic market and have been put into operation in more than 20 provinces, municipalities, autonomous regions, and directly administered municipalities, including Shanghai, Beijing, and Chongqing. In 2012, the company integrated the assets and business of distribution transformers, mainly focusing on amorphous transformers, from State Grid Electric Power Research Institute, further enhancing the company's competitive advantage and profitability. On April 30, 2020, the company changed its Chinese name from "Shanghai Zhixin Electric Co., Ltd." to "State Grid Yingda Co., Ltd."