Electrical Equipment: UHV Construction Begins 500 Billion Yuan to Open

First, invest in 500 billion yuan "big cake"

The State Grid officially announced that the construction scale of UHV power grids indicates that the UHV power grid, especially the previously controversial AC grid construction, has been approved by the National Development and Reform Commission. The UHV power grid construction is an important part of the smart grid’s two trillion investment, with an investment of up to 500 billion yuan. According to the law of power grid construction, equipment investment accounts for more than half of the total grid investment, which also means that Electrical equipment manufacturers have invested more than 300 billion yuan in power grid equipment, which will greatly boost the performance of related electrical equipment manufacturers.

Second, the future will also look at UHV construction speed

This year is the first year of the "Twelfth Five-Year Plan". The first UHV AC line Ximeng-Nanjing line is also expected to start bidding in the first quarter. The future performance of the performance of listed companies depends on the progress of UHV advancing, according to "Twelve." In the "V" plan, if it is necessary to complete the construction of 18 lines in five years, it is expected that there will be three to four UHV lines each year. The construction of UHV power grids is an industry that requires high technical barriers and high industry concentration. This will have a significant effect on the performance of related listed companies.

Third, a new cycle of power grid construction will start or

After experiencing a sharp decline in the number and frequency of investment in 2010, grid construction is likely to resume its prosperity this year, combined with the promotion of rural grids yesterday and the announcement of today's UHV grid construction. The country’s speed for power grid construction is gradually accelerating. It is very likely that during the “Twelfth Five-Year Plan” period, the construction of power grids will be accompanied by UHV, smart grids, and rural power grids to enter a new round of economic cycle. This is a very bad performance for the electrical equipment companies this year. It is possible to usher in the turning point of the company's performance after the third quarter of this year, and investment opportunities will gradually emerge.