Corporate News_ Yangzhou Xiangyuan Electrical Equipment Co., Ltd.

Specializing in the production and manufacturing of power equipment, hardware and metal parts, and various voltage levels of substation power equipment structures

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2018-10

Power Equipment Industry: A Standout Performer

Power grid investment may remain flat year-on-year: The power grid investment announced by State Grid, in our view, excludes UHV and smart grid pilot projects. When these two segments are included, total power grid investment will stay unchanged from the previous year. UHV, distribution networks and smart grids are key investment priorities.

2018-10-27

2018-10

Power Equipment Industry: Optimistic Outlook

Statistics from analysts at China Investment Online show that analyst attention toward the power equipment industry has risen sharply. This week, the industry climbed to the 12th spot in analyst coverage, up 5 places from the prior week. The continuous strengthening of energy conservation and environmental protection policies is the primary driver behind this surge in analyst interest. On May 4, the State Council issued the Notice of the State Council on Further Intensifying Efforts to Ensure the Achievement of Energy Conservation and Emission Reduction Targets for the 11th Five-Year Plan. It required all regions and departments to fully recognize the importance and urgency of energy conservation and emission reduction, strengthen their sense of mission and responsibility, fight a tough battle, and guarantee the fulfillment of the 11th Five-Year Plan energy-saving and emission-reduction goals. On May 5, the State Council convened a national teleconference on energy conservation and emission reduction to mobilize and arrange relevant work. Industrial power consumption accounts for approximately 70% of China’s total electricity use, among which motor power consumption makes up 60%-70% of industrial electricity. In contrast, industrial power consumption accounts for only about 45% in developed nations. China’s energy efficiency remains low; motor system efficiency is roughly 20%-30% lower than that of developed countries, leaving enormous room for energy saving.

2018-10-27

2018-10

2010: Power Equipment, Machine Tool and Other Industries Accelerate High-End Development

Based on national economic performance and industrial development trends, Vogel predicts that the whole industry will remain broadly flat or achieve slight year-on-year growth for the full year.

2018-10-27

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