The power router (PR) is a promising piece of equipment for realizing multi-voltage level interconnection and fexible power control in the future distribution power grid. In this paper, a hybrid PR (HPR) topology based on power-frequency transformer electromagnetic coupling with converters is proposed for the medium distribution power grid. The power-frequency transformer is used to undertake power transmission, voltage conversion, and other main tasks, while the power electronic converters are combined to achieve active control. Equivalent magnetic and electrical circuit models are established to help discuss the operating principle of the proposed HPR. Additionally, the power fow and control principle of the HPR in diferent operating conditions are analyzed, with the control system design scheme presented. The theoretical analysis results are verifed by MATLAB/Simulink+Plecs simulation and a controller hardware-in-the-loop study, as well as a down-scale experimental test, indicating that the proposed HPR is fexible in active voltage support and current control.