State Power Nanrui is mainly engaged in power grid dispatch automation, substation automation, thermal power plants and industrial automation products research and development, production, sales, service and related system integration. Guodian Nanrui is the only listed company under the State Grid Corporation of China. It is a leading technology company and market leader in the field of domestic power automation.
In the first half of 2011, its grid dispatch and rural power distribution automation business achieved rapid growth. In the first half of the year, the income from power grid dispatch business increased by 61% year-on-year, the revenue reached 440 million yuan, and the gross profit rate increased by 2.2% to 42.3%; the rural power and distribution automation business increased by 139% year-on-year, and the income reached 190 million yuan; The terminal equipment business increased by 742% year-on-year and revenue reached RMB 106 million. The rapid growth of these services mainly benefited from smart grid construction and distribution automation. In the high-end power secondary equipment market share of up to 50%.
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