Ningbo Jianan Electronics Co., Ltd. researches, develops, produces, and sells smart metering and systems in China and internationally. Its products include prepayment, smart, IEC, and grid meters, along with meter boxes, energy storage systems, charging piles, and other items. It also provides IoT modules, collection and billing system software, operation and maintenance services, meter and terminal housings, and accessories such as terminals, switches, and locks. The company was founded in 1999 and is based in Cixi, China.
Jianan Intelligent's 2026 interim net profit was 34.6053 million yuan, down 47.39% year-on-year
Jianan Intelligent released its 2026 interim report. The company's total operating revenue was 344 million yuan, down 14.29% from the same period last year. Net profit attributable to the parent company was 34.6053 million yuan, down 47.39% year-on-year. Net cash flow from operating activities was negative 1.6859 million yuan. The company's latest asset-liability ratio was 31.36%, gross margin was 23.71%, ROE was 3.25%, and diluted earnings per share was 0.18 yuan. The number of shareholders was 18,200, and the top ten shareholders held 59.23% of the total share capital.
Jianan Intelligence first-half 2026 net profit 34.6053 million yuan, down 47.39% year on year
Jianan Intelligence disclosed its 2026 semi-annual report on August 27. In the first half, it achieved total operating revenue of 344 million yuan, down 14.29% year on year. Net profit attributable to the parent company was 34.6053 million yuan, down 47.39% year on year. Net profit after deducting non-recurring items was 30.354 million yuan, down 49.42% year on year. Net cash flow from operating activities was negative 1.6859 million yuan, compared with negative 80.6219 million yuan in the same period last year. Basic earnings per share were 0.1773 yuan, and the weighted average return on equity was 3.23%, down 2.75 percentage points year on year. As of the end of the first half of 2026, the company's monetary funds decreased by 57.41% compared with the end of the previous year, trading financial assets increased by 1544.45%, and long-term borrowings increased by 91.6%. The company is a high-tech enterprise specializing in the research, development, production and sales of smart metering and systems, power distribution equipment and accessories, and new energy equipment and system integration.
Virtual Power Plants Move Toward Real Trading, Activating a Hundred-Billion-Yuan Power Hardware Market
At the Fifth National Virtual Power Plant Application Development Forum, industry insiders believe the virtual power plant sector is reaching a turning point, quietly activating a power hardware market worth hundreds of billions of yuan. Dong Wenjie, Technical Director of Integrated Energy at Dongfang Electronics, stated that a virtual power plant is an intelligent dispatch and control system with real-time regulation capabilities, and linking intelligent terminal hardware is the core key to implementing intelligent dispatch commands. Chen Ziqi, CEO of Nanjing Yushan Information Technology, said bluntly that the real execution mechanism lies on the hardware side, which must be able to calculate accurately, control reliably, and achieve closed-loop operation, and he predicted this market will reach the hundred-billion-yuan level. Data from the National Energy Administration shows that by the end of 2025, there were 470 virtual power plant projects nationwide, with a maximum regulation capacity reaching 16.85 million kilowatts, a year-on-year increase of about 70 percent. Each project implementation means massive distributed resources need terminal retrofits, metering upgrades, and edge controller deployment. Currently, the hardware product lines have formed three major categories: air conditioning intelligent control terminals, edge controllers, and intelligent metering terminals and circuit breakers. Listed companies such as Jianan Intelligence, Acrel, Taiyong Changzheng, and Clou Electronics have already laid out related hardware products. In 2026, 16 provinces have opened up related markets, and the electricity spot market is expected to basically achieve formal operation before 2027, with the core of market competition shifting to hardware terminal access retrofits.
Energy Transition & Power Demand › Energy Storage & Grid Flexibility ▲Demand
000682.CS · Demand · Positive Dongfang Electronics' technical director highlights virtual power plant hardware demand, positioning the company as a key player.
002121.CS · Demand · Positive Clou Electronics has laid out related hardware products, benefiting from the growing virtual power plant market.
002927.CS · Demand · Positive Taiyong Changzheng has laid out related hardware products, poised to gain from the market expansion.
300286.CS · Demand · Positive Acrel has laid out related hardware products, directly benefiting from the virtual power plant hardware demand.
300880.CS · Demand · Positive Jianan Intelligence has laid out related hardware products, positioned to benefit from the market growth.
Jianan Intelligence joint venture Tibet Jiatou Energy inaugurated in Nyingchi, targeting plateau new energy
Tibet Jiatou Energy Technology, a joint venture between Jianan Intelligence and Nyingchi municipal state capital, was inaugurated in Nyingchi on July 28. Jianan Intelligence's subsidiary Jiachen New Energy holds a 70 percent stake. Positioned as a comprehensive power service provider for high-altitude areas, the company focuses on smart energy services, integrated solar-storage-charging, and plateau smart microgrids. Using Nyingchi as a core hub, it plans to build high-power charging piles and distributed solar-storage systems adapted to the plateau's low-temperature environment, promote county-level smart microgrid pilots, enhance demand-side response capabilities, and create a clean energy demonstration model for southeastern Tibet. Jianan Intelligence will leverage its technological expertise in smart meters, charging equipment, and energy storage systems to carry out specialized adaptations for high-altitude, low-temperature, and strong ultraviolet operating conditions. Industry analysts believe that as the construction of Tibet's clean energy base advances, this deployment is expected to open a new regional growth curve for the company.
China