On September 25, the inaugural meeting of China National Electrical Equipment Group is held in Shanghai, which is a milestone in the development history of China's power transmission and distribution industry and opens a new chapter in building a world-class smart electrical equipment group. Secretary of the Shanghai Municipal Party Committee, and Secretary and Director of the State-owned Assets Supervision and Administration Commission of the State Council, jointly unveil the establishment of China Electric Equipment Group and attend the signing ceremony of the strategic cooperation agreement between the Shanghai Municipal People's Government and China Electric Equipment Group. 

China Electric Equipment Group is formed by the reorganization and integration of China XD Group Co., Ltd and State Grid Group Corporation’s  subsidiaries such as XJ Group Corporation, Pinggao Group, Shandong Electric Group, NARI Hengchi, NARI Telstar, and Chongqing Borui, which is the State-owned key enterprise supervised by Assets Supervision and Administration Commission of the State Council directly.