- Business
- Beijing Sifang Automation Co., Ltd. (601126.SS) is a leading provider of advanced products, solutions, and services for power system protection, monitoring, control, and automation. Founded in 1994 by Professor Yang Qixun and headquartered in Beijing, China, the company operates primarily in the electric power industry, with research, development, and production bases in Baoding, Wuhan, Nanjing, Huzhou, and overseas subsidiaries in India, the Philippines, Kenya, and Algeria; its products and systems serve customers in over 90 countries across Southeast Asia, Central Asia, Africa, the Americas, and Europe. Core offerings include generation systems such as intelligent electronic devices (IEDs) for power plant automation, protection IEDs, automation systems for fossil fuel, hydropower, PV, and wind power plants, generator excitation automation systems, torsional stress protection and control systems, and simulation and training systems; transmission systems encompassing substation and digital substation automation solutions, wide area protection and control systems, fault information management systems, power system stability and security control systems, wide area measurement systems, and energy management systems; distribution and consumption solutions like distribution automation, power supply systems, SVG power quality governance, and low voltage ride through systems; as well as specialized automation for railway/metro, petroleum and petrochemical, steel metallurgical power, industrial control, enterprise power grids, and multi-energy complementary stable power supply. In recent developments, the company reports net profit growth of 14% in 2024, reflecting strong financial performance amid expanding international presence, including participation in Algeria's first Electric & New Energy Exhibition, technical seminars in Sri Lanka, and contributions to Laos' inaugural PV and energy storage project; it maintains over 2 million IEDs and tens of thousands of automation systems operating globally, with a focus on modern power systems aligned with carbon neutrality goals.