State Grid Yingda Co.,Ltd.

Chinese State Grid-backed financial services and power equipment group

What State Grid Yingda does

State Grid Yingda is a Shanghai-based company controlled by China's State Grid system that runs two very different kinds of business. On the financial side it offers trust products, securities brokerage and investment banking, futures, and carbon-market services. On the industrial side it makes equipment for power grids, such as transformers and switchgear, and builds and maintains power and new-energy projects.

How State Grid Yingda makes money

It earns fees, commissions, and investment income from its trust, securities (brokerage, credit, proprietary trading, investment banking, asset management), futures, and carbon businesses, and revenue from selling power grid equipment plus EPC, testing, and grid operation and maintenance services.

Products & services

• Trust services
• Securities brokerage and investment banking
• Futures brokerage
• Carbon asset development and carbon trading services
• Distribution transformers and amorphous iron cores
• Gas-filled switchgear (C-GIS) and integrated substations