Sustainable development
Sustainable Development Strategy
Since its establishment in 2006, Farady Electric has steadfastly adhered to a core development strategy centered on specialization, brand building, and internationalization. The company has deeply cultivated the power distribution electrical equipment sector, rooted in the domestic market while expanding globally. Underpinned by long-term, prudent operations, it eschews short‑term, high‑volume growth, instead pursuing industry‑wide expertise, technological accumulation, and coordinated global market expansion. This approach has enabled Farady to forge a sustainable business model and build a century‑long national electrical brand, driving the company’s transformation from “Made in China” to “Smart Manufacturing in China” with a focus on high quality.
Technological innovation is sustainable.
The company takes technological R&D as its core driving force, leveraging the advantages of its status as a National High-Tech Enterprise, a Zhejiang Provincial Specialized, Fine‑Crafted and Novel Enterprise, and a Municipal Enterprise Technology Center. It maintains sustained investment in R&D and innovation, amassing numerous invention patents, utility model patents, and design patents. Focusing on key areas such as distribution automation, distribution network automation, power quality, and integrated substation solutions, the company continuously iterates green, energy‑saving, and highly efficient smart distribution solutions. By harnessing technological innovation to accelerate the industry’s low‑carbon transition, it strengthens the foundation for long-term growth with robust R&D capabilities.
Green, Ecological, and Sustainable
Adhering rigorously to the principles of green development, the company has achieved full certification under the three major management systems: ISO 9001 for quality management, ISO 14001 for environmental management, and ISO 45001 for occupational health and safety. From product R&D and manufacturing to project delivery, the company implements low‑carbon, environmentally friendly standards across the entire value chain, optimizes production processes to reduce energy consumption and emissions, and develops energy‑efficient power distribution solutions. These efforts help power grids and industrial and mining enterprises achieve energy savings, emission reductions, and greener electricity use, thereby fulfilling ecological responsibilities and safeguarding a sustainable, green future.
Supply Chain and Collaborative Sustainability
As a premium partner of State Grid Corporation of China and China Southern Power Grid, we have successfully passed rigorous on-site audits and pre-qualification reviews, upholding a commitment to ethical business practices and delivering high‑quality, reliable performance. We actively participate in the Belt and Road Initiative, providing comprehensive support for overseas EPC projects undertaken by central state-owned enterprises, while steadily expanding into more than 80 international markets and establishing three overseas subsidiaries. Guided by the principle of mutual benefit and win‑win cooperation, we have built a stable, sustainable supply chain and a global network of strategic partners.
Social Responsibility and Sustainability
Upholding a corporate ethos of pragmatism, innovation, efficiency, and responsibility, we are deeply committed to advancing industry development while actively fulfilling our social responsibilities. Steadfast in our commitment to quality, we ensure the safe and stable operation of power systems through reliable distribution products; we have strengthened our occupational health and safety framework to empower employee growth and development; and we remain rooted in local industrial development, leveraging technology‑driven enterprises to drive regional economic growth and sectoral upgrading. By embracing corporate accountability, we strive to achieve symbiotic prosperity and sustainable development for our company, society, and the environment.