Mission Statement, Vision, & Core Values (2026) of State Grid Yingda Co.,Ltd.

State Grid Yingda Co., Ltd., a key subsidiary of the State Grid Corporation of China, is rapidly shaping the future of power with a clear mission to optimize energy use and advance smart grid solutions-operating in over 20 countries and reporting a 2023 revenue of ¥12.5 billion with a net profit margin of 8.5%-while directing strategic investment to innovation (including a reported ¥1.2 billion in R&D in 2023 and dedicating roughly 6% of annual revenue to R&D) to ensure smart grid technologies account for over 30% of revenue by 2025, meet ambitious sustainability goals such as reducing operational carbon emissions by 25% by 2030 and reaching carbon neutrality by 2060, and deliver measurable stakeholder impact-improving service response times by 40% through a new customer engagement platform, allocating ¥500 million for community development in 2024, engaging more than 5,000 employees in team-building programs, and supporting urban greening initiatives that have planted over 1 million trees.)

State Grid Yingda Co.,Ltd. (600517.SS) - Intro

• 2023 revenue: ¥12.5 billion
• 2023 net profit margin: 8.5%
• R&D investment: ~6% of annual revenue (targeted at smart grid and energy-efficiency tech)
• Carbon reduction commitment: 25% reduction in operational emissions by 2030 (baseline year specified by company reporting)
• International presence: operations in 20+ countries across Asia, Africa, Europe and Latin America

• Deliver secure, efficient, and intelligent power systems that enable low-carbon transformation.
• Integrate advanced digital technologies with energy services to improve grid performance and customer value.
• Support national and global sustainable development through scalable, exportable smart-grid solutions.

• Be a global pioneer in intelligent energy systems, driving electrification, decarbonization, and digitalization of power networks.
• Create value across the energy ecosystem by enabling higher efficiency, resiliency, and cleaner energy integration.

• Safety & Reliability - Prioritize grid stability and operational safety in all projects and services.
• Innovation - Commit consistent investment in R&D (≈6% of revenue) to lead smart-grid advances.
• Sustainability - Align strategy with carbon reduction goals and circular energy solutions.
• Accountability - Deliver measurable financial and operational performance (e.g., 2023 margins).
• Global Mindset - Expand responsibly with localized partnerships in 20+ countries.

• Smart grid digitalization: AMI, SCADA upgrades, distributed energy resource management systems (DERMS).
• Integrated energy services: microgrids, energy storage, demand response and EV charging infrastructure.
• Cross-border project development and technology export to emerging markets.

State Grid Yingda Co.,Ltd. (600517.SS) - Overview

• Provide reliable electricity supply and integrated services across residential, commercial, industrial and utility sectors.
• Integrate advanced technology (smart grids, IoT, digital substations) with energy solutions to enhance efficiency and resilience.
• Promote sustainable development and green energy adoption through decarbonization initiatives and energy optimization.

• Become a leading global smart energy services provider operating best-in-class digital grid solutions across markets.
• Expand international footprint while driving innovation to enable a low-carbon, highly efficient energy ecosystem.

• Safety and reliability - prioritizing uninterrupted, secure power delivery.
• Innovation - continuous R&D investment in smart-grid technologies and digital platforms.
• Sustainability - advancing renewable integration and energy-efficiency programs.
• Customer-centricity - solutions tailored to sectoral energy demands and service quality.
• Collaboration - partnering across governments, utilities and private sector for scalable solutions.

• Optimize energy utilization across assets and customer portfolios to reduce losses and improve load factors.
• Advance technological innovation with target deployments of digital substations, AMI, and grid-edge management.
• Contribute to green energy initiatives - increasing renewable grid integration and storage capacity.
• Grow international business: networks and services in over 20 countries as of 2023, emphasizing emerging markets and cross-border projects.

• Smart grid deployment: scaling digital substations, AMI rollouts, and grid automation to hit >30% revenue contribution from smart-grid services by 2025.
• Energy efficiency programs aimed at reducing technical and non-technical losses across managed assets by targeted percentage points annually.
• Renewable & storage integration projects to increase the share of low-carbon generation within contracted portfolios.

State Grid Yingda Co.,Ltd. (600517.SS) Mission Statement

• Carbon neutrality commitment: achieve net-zero operational carbon emissions by 2060 in line with national targets.
• Renewable capacity growth: accelerate deployment of utility-scale wind, solar and storage to materially raise the company's clean generation footprint.
• Technological integration: embed smart grid, AI, digital twins and IoT to improve asset utilization, reduce losses, and optimize dispatch.
• Global interconnectivity: promote international grid links, transmission projects and energy trade to enhance regional energy security.
• Responsible finance and investment: prioritize green financing, ESG-aligned projects and transparent reporting to support sustainable growth.

• Operational efficiency goals: lower outage minutes, improve asset utilization rates, and reduce per-MWh system losses via predictive maintenance and grid automation.
• ESG & reporting: enhance disclosure cadence and metrics to meet international ESG frameworks and investor expectations.
• Partnerships: pursue technology alliances with global grid operators, clean-energy developers and AI firms to accelerate deployment.

State Grid Yingda Co.,Ltd. (600517.SS) - Vision Statement

• Integrity - Upholding ethical conduct, transparency, and accountability across all operations, governance, and reporting.
• Innovation - Continuously advancing technologies and operational efficiency; invested over ¥1.2 billion in R&D in 2023 to accelerate grid modernization and digital services.
• Customer Focus - Designing services around end-user needs; a customer engagement platform rollout improved service response times by 40%.
• Social Responsibility - Prioritizing community welfare and sustainability, with a planned allocation of ¥500 million toward community development projects in 2024.
• Teamwork - Fostering cross-functional collaboration; a 2024 team‑building program engaged more than 5,000 employees across departments.
• Sustainability - Embedding environmental responsibility into operations, including initiatives that resulted in planting over 1,000,000 trees in urban areas.

• Grid digitalization and smart-meter integration to reduce outage times and enable demand-side flexibility.
• Targeted R&D investments (¥1.2 billion in 2023) focused on energy storage, AI-driven grid management, and carbon reduction technologies.
• Customer experience transformation through omnichannel platforms and a measurable 40% improvement in response metrics.
• Community and environmental programs funded at scale (¥500 million allocated for 2024 community initiatives and 1,000,000+ trees planted).
• Employee development and engagement programs-team-building initiatives involving 5,000+ staff-to strengthen culture and execution capability.

• Governance & Reporting: Transparent disclosure practices and internal controls ensure accountability aligned with Integrity.
• R&D Pipeline: Funds prioritized to scale pilot projects-energy storage capacity increases, predictive maintenance systems, and distributed energy resource management.
• Customer Experience KPIs: Real-time monitoring of response times and satisfaction scores tied to incentive structures; 40% faster response is a baseline for future improvements.
• Community Partnerships: Deploying the ¥500 million 2024 allocation via public-private partnerships, workforce training, and resilience-building projects in service territories.
• People & Culture: Ongoing training, cross-functional rotations, and large-scale engagement events (5,000+ employees) to embed teamwork and continuous improvement.
• Environmental Actions: Urban reforestation, emissions reduction targets linked to operations, and evaluation of grid carbon intensity supported by planting 1,000,000+ trees.