Name

Jinpan Technology

Legal name

海南金盘智能科技股份有限公司 (Hainan Jinpan Intelligent Technology Co., Ltd.)

Website

https://jst.com.cn

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Jinpan Technology (金盘科技) is one of the world's largest producers of cast resin transformers and related electrical equipment, exporting dry-type and liquid-immersed transformers, switchgear, solid-state transformers, and energy storage products to 87 countries for utilities, renewable energy developers, and AI data center operators.

Ownership category

akta.pro rank

Product category

Power Transmission and Distribution Equipment

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314)

SIC

Power, Distribution & Specialty Transformers (3612), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)

akta.pro secondary industries

Switchgear & Switchboards (HV/MV/LV, GIS/AIS) (IMAGAAAB), Grid-Scale Power Conversion & Interconnection (PCS, Grid-Tie Inverters, Converter Stations) (IMAGAAAI), Microgrid & Distributed Grid Equipment (Controllers, Switchgear Packages, DER Interconnection) (IMAGAAAJ), Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ)

Keywords

• Power transformer manufacturing
• Electrical switchgear equipment
• Solid-state transformers
• Energy storage systems
• Smart grid equipment

Headquarters

HQ city

Haikou

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Power Transmission and Distribution Equipment: Manufacturing and sale of dry-type transformers, oil-immersed transformers, reactors, medium/low voltage switchgear, and gas-insulated switchgear. Core business generating primary revenue with products exported to 87 countries.
2. Smart Manufacturing Systems and Services: Intelligent manufacturing system solutions, high-end manufacturing equipment, smart building management, and smart energy management services. Strategic transformation direction leveraging AI and IoT technologies.
3. Power Electronics and Energy Storage: Power electronic equipment and energy storage product series for grid modernization and renewable energy integration.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Jinpan Technology designs, manufactures, and sells power transmission and distribution equipment — primarily dry-type and liquid-immersed transformers, medium/low voltage switchgear, gas-insulated switchgear, solid-state transformers (SSTs), and energy storage systems — for utility, renewable energy, nuclear, and new-infrastructure customers worldwide. The company is increasingly bundling this hardware with "Smart Manufacturing + Smart Services" digital solutions, industrial robotics, and AI-enabled smart energy management for grid and data center applications.

Product overview

Jinpan Technology (金盘科技) offers a comprehensive portfolio of power transmission and distribution equipment combined with smart manufacturing solutions. The core product line includes dry-type transformers, liquid-immersed transformers, medium/low voltage switchgear, gas insulated switchgear, power electronics equipment including solid-state transformers (SST), and energy storage systems. These are complemented by digital solutions integrating IoT, big data, and AI for smart manufacturing and grid management, plus robotic automation systems. The company positions itself around 'Smart Manufacturing + Smart Services + Green Development' strategy, serving sectors including new infrastructure, hydropower, traditional infrastructure, wind energy, solar energy, smart grids, and nuclear power. Products are exported to 87 countries and regions worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• 元神ONE系列SST (Yuanshen ONE Series SST): Solid-State Transformer product line launched in January 2026 for data center and energy applications
• 金盘机器人 (Jinpan Robot)

Products and services

• Dry-type Transformers and Reactors (干式变压器和电抗器) Dry-type (cast resin) transformers and reactors for power transmission and distribution in industrial, commercial, and infrastructure applications. Designed for fire-safety-critical and indoor installations.
• Liquid-immersed Transformers (液浸式变压器) Liquid-immersed power transformers for medium and high voltage applications in power transmission and distribution systems, including utility substations and large industrial users.
• Medium and Low Voltage Switchgear (中低压成套开关设备) Complete medium and low voltage switchgear equipment for power distribution and control in industrial, commercial, and utility facilities.
• Gas Insulated Switchgear (气体绝缘金属封闭开关设备) SF6 gas-insulated metal-enclosed switchgear for high voltage power transmission applications, offering compact design and high reliability for substations and grid applications.
• Yuanshen ONE Series Solid-State Transformer / Power Electronics Equipment (元神ONE系列SST / 电力电子设备) Solid-state transformer (SST) product line for next-generation power conversion applications including AI data centers, renewable energy integration, and grid modernization.
• Energy Storage Series Products (储能系列产品) Energy storage systems and solutions for grid stabilization, renewable energy integration, and industrial power management applications.
• Digital Overall Solutions (数字化整体解决方案) Comprehensive digital transformation solutions integrating IoT, big data, and AI technologies for smart manufacturing and intelligent power grid management, offered as a bundled solution to enterprise customers.
• Jinpan Robots (金盘机器人) Robotic systems and automation equipment for intelligent manufacturing applications in the power equipment industry.

Quantifiable outcome

• Products exported to 87 countries and regions
• +1 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• 华电湖北 (Huadian Hubei)coreStrategic or Co-development Partner · 29 January 2026Strategic cooperation agreement signed between Jinpan Technology and Huadian Hubei, a major power generation company. This partnership strengthens Jinpan's position in the power generation sector and enables collaboration on energy projects.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ABB: Global leader in transformers, switchgear, and electrical distribution with deep presence in utility, industrial, and data center markets; serves as a major incumbent competitor in international markets where Jinpan exports.
• Eaton: Global power management company with electrical components including transformers and switchgear, competing with Jinpan in industrial and data center electrical infrastructure projects.
• Schneider Electric: Global energy management and automation company with a strong switchgear and power distribution portfolio; competes with Jinpan in MV/LV switchgear and data center power infrastructure.
• Siemens Energy: Global energy technology company with a large transformers and grid technologies business; competes with Jinpan in high-voltage transformer markets for grid modernization and renewable integration.
• Hitachi Energy: Global leader in transformers, substations, and grid integration solutions, with overlapping product portfolio in HV transformers, GIS, and grid automation competing with Jinpan in export markets.

Direct peers

• TGOOD: Chinese electrical equipment manufacturer specializing in smart substations, transformers, and prefabricated electrical solutions with overlapping customer base in grid and renewable energy applications.
• TBEA: One of China's largest transformer and power equipment manufacturers, directly competing with Jinpan in transformers, switchgear, and electrical infrastructure for utility and renewable energy projects both domestically and internationally.
• Sieyuan Electric: Major Chinese manufacturer of power transformers, GIS, and switchgear competing with Jinpan in domestic and export markets for HV electrical equipment used in grid and renewable energy applications.
• Eaglerise Electric & Electronic: Chinese manufacturer of transformers (including dry-type and specialty), LED drivers, and power supplies, with comparable product portfolio and export-oriented business model to Jinpan.

Emerging players

• Sungrow Power Supply: Leading Chinese power electronics company specializing in solar inverters and energy storage, intersecting with Jinpan's power electronics and energy storage product lines in renewable energy and grid integration applications.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jinpan-international

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jinpan Technology