# State Grid of China mulls divesting equipment-making units

State Grid Corp. of China is considering divesting several equipment-manufacturing subsidiaries, including XJ Group Corp., Pinggao Group Co. Ltd., Shandong Electrical Engineering and Equipment Group Co. Ltd., and NARI Group Corp. The plan has been under discussion for over a year.

- Type: Investment
- Announced: 2019-08-10
- Where: China
- Status: rumored
- Products: electrical equipment, transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [State Grid Corp. of China](https://endata.com/companies/41258.md)
- [NARI Group Corporation](https://endata.com/companies/23083.md) (target)
- [XJ Group](https://endata.com/companies/24013.md) (target)
- [Pinggao Group Company Limited](https://endata.com/companies/32851.md) (target)
- [Shandong Electrical Engineering and Equipment Group Co. Ltd.](https://endata.com/companies/41259.md) (target)

## Sources

- [caixinglobal.com](https://www.caixinglobal.com/2019-08-10/exclusive-chinas-state-grid-mulls-divesting-equipment-making-units-101449399.html), 2019-08-10: "State Grid is considering divestiture of equipment-making units, Caixin has learned."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.