Farady Electric was established in 1999. With an annual turnover of 40 million US dollars currently, it has about 20 years of experience in the medium - voltage field. FARADY specializes in manufacturing power transformers, voltage regulators, indoor and outdoor switches, RMUs, and switchgear that have passed KEMA/ASTA/CE certifications.
Zhejiang Farady Electric Co., Ltd. (formerly Farady Electric Co., Ltd.) was founded in 2006 with a registered capital of 108.88 million yuan. It is a leading enterprise in the power distribution industry, dedicated to providing various system solutions for power grids and users. Its products cover distribution automation, power distribution network automation, power quality, and complete solutions for transformer areas.
The company is a national high - tech enterprise, a specialized and sophisticated enterprise with unique features in Zhejiang Province, a technology - based enterprise in Zhejiang Province, a certified enterprise under the "Zhejiang Manufacturing" program, and the municipal enterprise technology center in Wenzhou, having won numerous national, provincial, and municipal honors.
The company holds multiple patents for inventions, utility models, and designs. It has obtained on - site audit certificates and pre - qualifications from the State Grid and China Southern Power Grid. As a high - quality cooperation supplier for the power grid, it has provided supporting services for the general contracting of multiple central enterprise power projects under the national "Belt and Road" initiative, thus going global.
Equipped with advanced technologies and sophisticated equipment, the company has passed the ISO9001 quality management system certification, ISO14001 environmental management system certification, and ISO18001 occupational health and safety management system certification. With a comprehensive quality management system and considerate service system, it has set up offices and distributors in more than 20 provinces and cities across China and has exported products to over 80 countries. It also has 3 international branch companies.
Today, Farady adheres to the development strategy of "specialization, branding, and internationalization" and promotes the corporate spirit of "pragmatism, innovation, efficiency, and responsibility". It aims to build a Chinese national brand in the global electrical industry and strives to achieve the transformation from "Made in China" to "Intelligently Made in China".