Recently, the e-commerce platform of the State Grid Corporation of China announced the bidding results for box-type substation products from provincial companies of the State Grid for 2025 (as of August). As of August, the cumulative bidding amount exceeded RMB 2.628 billion, with a total of 88 companies successfully winning the bid. JGE (stock code: 300510), with its innovative technological strength and reliable product quality, ranked 15th among the bidding companies, becoming one of the highlight enterprises in this round of centralized procurement for the power grid.
1.R&D Innovation: Building Technical Barriers and Leading Industry Standards
As a high-tech enterprise with years of deep experience in the smart grid and new energy fields, Jinguan Stock adheres to the three-pronged development strategy of "smart power + digital new energy + integrated services" and has established a comprehensive R&D and manufacturing system for smart grid and new energy equipment. The company boasts 2 specialized, refined, unique, and innovative "little giant" enterprises, 3 high-tech enterprises, 3 provincial-level enterprise technology centers, 1 intelligent switch research and development center, 2 smart grid product R&D centers, and 1 provincial postdoctoral workstation. It has obtained over 400 patents and has led or participated in the formulation of more than 20 national and industry standards.
JGE actively participates in multiple national, ministerial, and provincial key research projects. Several of its products have been recognized as national and provincial key new products. It has successively won numerous honors, including the National Science and Technology Achievement Award, the First Prize of Jiangsu Science and Technology Award, the Most Influential Brand in China's Electrical Appliance Industry, the Top 100 Creative Enterprises in China's Electrical Appliance Industry, and the AAA-level Credit Enterprise.
2.Smart Manufacturing: Integrating Digital and Intelligent Technologies to Establish a Benchmark for Industry 4.0
JGE actively strives to establish a benchmark for Industry 4.0 intelligent manufacturing, deploying four major R&D and manufacturing bases in Changchun, Nanjing, Hangzhou, and Changzhou, and constructing a cluster of smart factories to achieve efficient production and technological upgrading.
As one of the core smart manufacturing bases, Changchun Company serves as a crucial platform for technological innovation and intelligent transformation. It has been recognized as a "little giant" enterprise specializing in precision, excellence, uniqueness, and novelty, awarded the title of "Green Factory," included in the "2024 Jilin Province Smart Factory List," and spearheaded the establishment of the "Jilin Province Smart Grid and New Energy Digital Low-Carbon Technology Engineering Research Center." In terms of intelligent upgrading, the base has established a smart manufacturing system that integrates cutting-edge technologies such as 5G and digital twins, covering nine core scenarios including product research and development design, intelligent production scheduling, and quality traceability. Through the deep integration of intelligent production lines and industrial internet platforms, it has achieved digital connectivity across the entire supply chain, achieving remarkable results in key areas such as supply chain visualization and human-machine collaborative manufacturing. This has effectively promoted the collaborative operation of R&D, production, and management, forming a new paradigm of smart manufacturing with industry demonstration effects.
3.Product application: full-scenario coverage empowering new power systems
Relying on its profound accumulation in the field of smart grid equipment, JGE continues to provide crucial support for the construction of new power systems. As a "Class A supplier of the State Grid", the company continues to increase its R&D investment and promote the iterative upgrading of series products such as low/high voltage switchgear, smart meters, and charging piles.
In the field of smart power distribution, our company boasts mature technologies in box-type substations and switchgear cabinets. Our products have been widely applied in various industries such as electricity, transportation, data communication, rail transit, and energy, and have been selected as one of the top ten smart box-type substation brands for 2024. In 2025, our company will launch a new generation of medium and low voltage systems, enabling intelligent management throughout the entire lifecycle of equipment.