[2] In 1973, the Nanjing Automation Research Institute (NARI Group) was established under the State Grid Corporation of China.

[1] On 16 October 2003, NARI Technology held its initial public offering becoming a listed company on the Shanghai Stock Exchange.

While no reason was given, it was speculated it was due to cybersecurity concerns after advice was given by the National Cyber Security Centre.

[5] NARI Technology's main business involves the manufacturing of high-power insulated-gate bipolar junction transistors.

However it was able to develop its own in-house testing process after implementing Simcenter Micred, a quality tester produced by Siemens.