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Electrical equipment industry focused their attention on Russia's 100 billion U.S. dollars cake - power, power equipment - Electrical Industry
Russia's largest power company?? Russia and China Power Grid AG Group Guangcai evening of July 9 the signing of memorandum of economic and trade cooperation, common on the invitation of Chinese power equipment companies, and participate in reforming the Russian power grid. See more exciting information
Russia's largest power company?? Russia and China Power Grid AG Group Guangcai evening of July 9 the signing of trade Cooperation Memorandum, together on the invitation of Chinese power equipment companies, and participate in reforming the Russian power grid. Russian power grids project will last 10 years, involving an amount of up to nearly 100 billion U.S. dollars. Economic and trade cooperation under the Memorandum of Understanding reached between China and Russia agreed to the Chinese bank in the form of export credit financing, the Russian government and the banks will loan guarantee. These loans will be used for procurement of power equipment in China and transform the Russian power grid.
Relevant information, the Russian power grid company is the Russian state holding company, acquired 85% of the power grid, more than two million kilometers of existing lines. However, these lines are 60% to 80% of aging is a serious condition, need upgrading. Russian estimates, we should replace all these lines and equipment, the amount involved will reach 100 billion U.S. dollars.
Huge power grids Russian cooperation project, the domestic power equipment industry is undoubtedly a huge cake, domestic electrical equipment for the rapid development of new business opportunities. First, the new market will be the new growth industry. The partnership will add a year of domestic manufacturers of electrical equipment market, 70 billion yuan, equivalent to 40% increase in market size. Country Home Appliances Net annual investment in network construction is about 250 billion yuan, with a total of more than 300 billion yuan China Southern Power Grid assumed power equipment accounting for 60% of the purchase, the domestic power equipment market each year about 180 billion yuan, even without considering growth in domestic demand, 70 billion element incremental equivalent to the total domestic market for manufacturers of electrical equipment increased by about 40%. Second, help speed up the domestic enterprises to go abroad. Traditionally, the products of domestic power transmission business exporters in Southeast Asia, Central Asia and Africa and other countries, its relatively small market potential, while the larger European and American markets, great potential. Domestic electrical equipment companies are expected to cooperate by the Russian occupation of the majority of power market and to the Russian market as a springboard to further into European markets. Meanwhile, product competitiveness, the current technical level of domestic power transmission equipment has reached world leading level, fully equipped with ABB, Siemens, Areva, Toshiba and other manufacturers to compete internationally renowned strength.
In addition, the latest data show China's power output in June rose 3.6%, which is 8 months of the first positive growth in power generation, power industry, the early turning point, the future is expected to further stimulate growth in demand for electrical equipment.
Huge power grids and Russia co-operation projects and domestic power industry are the early turning point in the power equipment industry will benefit directly. In front of a huge cake, everyone would like to share. So who wins? Industry leaders will win. If Chong Yuan Science and Technology (000551 quotes, love stocks, funds) (000 551), TBEA (600 089 quotes, love stocks, funds) (600 089), and Tianwei change security (600 550 quotes, love stocks, funds) (600,550), etc. hope that the slightly larger. Among them, the creative element core business of production and management technology transmission High pressure Insulator Products, products are selling domestic but also exported to the United States, European Union, Australia and more than 20 countries and regions, in developing the international market has taken a significant step leading peers. The future, with the huge power grids and Russia cooperation projects step by step, the level of performance will correspondingly be concerned about. In addition, self-UHV Transformer , Reactor Ability of independently developed and Tianwei TBEA leading insurance changes, etc., are also cause for concern.
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