Nanjing Zhengrui Electric Power Technology Co., Ltd

Company Overview:
Zhengrui Electric, established in 2007, operates with two production facilities covering 160 acres with a building area of 50, 000 square meters. The company focuses on the electrical engineering sector, producing high and low-voltage switchgear, photovoltaic pre-assembled cabins, transformers, oil tanks, and various electrical components. With over 260 employees, including 120 technical professionals, Zhengrui has steadily grown, reaching a main business income of over 1 billion yuan in 2023.
Development History:
The company′s growth has been marked by consistent expansion:
2006: Zhengrui Electric was founded in Nanjing.
2008: The first production phase was completed, specializing in low and high-voltage switchgear.
2013: A second production phase began, expanding the product range.
2018: The third phase was completed, including the launch of transformers.
2023: A fourth phase of the factory was finished, focusing on the new energy sector.
From an initial revenue of 31.45 million yuan in 2008, the company′s main business revenue surged to 102.56 million yuan by 2023.
Products:
Zhengrui Electric′s primary products are organized into several categories:
High and Low-Voltage Equipment:
KYN61-40.5 and KYN28-24 metal-enclosed switchgear are essential for power distribution in plants, substations, and industrial enterprises.
SLVA and MNS/GCS/GCK/GGD standardized low-voltage switchgear are designed for reliable power distribution in various infrastructures.

Transformers:
The company manufactures dry-type transformers and oil-immersed transformers, including those rated for 10kV and 35kV, known for low loss, noise reduction, and high reliability.

Breakers and Insulation Components:
Various types of vacuum circuit breakers and insulating components, including SF6 and solid insulation products, ensure safety and protection in electrical systems.

Cable Accessories:
Zhengrui produces cable accessories, including connectors, joints, and protection devices, to complement their electrical systems.

Photovoltaic Pre-assembled Units:
The company also specializes in photovoltaic pre-assembled cabins and modular transformer stations, playing a significant role in the renewable energy sector

Key Projects and Achievements:
Zhengrui Electric has secured various large-scale projects, particularly in the power distribution sector. Some notable achievements include:
State Grid Projects:
In 2022, the company won bids for several projects with State Grid Jiangsu, Hunan, Anhui, and Jiangxi provinces, with a total contract value of approximately 54.7 million yuan for equipment like ring network boxes, transformers, and switchgear.
In 2023, the company continued to build on its success, with projects totaling over 48.7 million yuan in equipment supply.
In 2024, Zhengrui Electric secured contracts with the State Grid Hunan, Anhui, and Hubei provinces, marking its ongoing dominance in the power infrastructure market.

Municipal and Public Infrastructure Projects:
Zhengrui Electric has been involved in various municipal projects, including 220kV power line migration in Nanjing and high and low-voltage power equipment supply for various government and commercial buildings across cities like Nanjing, Suzhou, and Hefei.

Real Estate and Commercial Projects:
The company has provided power equipment for residential and commercial projects, including substation construction and low-voltage power systems for large residential complexes and office buildings in Nanjing, Suzhou, and other cities.

Strategic Objectives:
Looking ahead, Zhengrui Electric aims to reach a revenue target of 3 billion yuan by 2026, capitalizing on its strengths in power distribution and renewable energy technologies.
This condensed overview captures the essential aspects of Zhengrui Electric, highlighting its history, growth, products, major projects, and future aspirations.