23 四 10 China electric wind turbines instrument business into harvest
Of the wind power industry, 2009 is not a good prosperous years, intense market competition and price fluctuations machine, are greatly weakened the wind industry’s gross profit margin. However, wind power, including state regulation of excess capacity, new technology breakthroughs, and China is expected to wind turbine electrical apparatus as increases in orders, 2010, China Electric usher in a new instrument development opportunities.
“Wind power capacity will be expected to accelerate development to keep pace with high-voltage switch business.” Hua Jiang Fujun instrument electrical secretaries to directorate told reporters.
Traditional business and wind power generators business
This year is expected to keep pace
Chinese Instrument Electric annual report for 2009, 1.198 billion yuan last year, operating income, up 54.6%; net profit 89.4098 million yuan, up 14.64 percent. Among them, two wind power blocks of business are the main high-voltage power distribution products, and wind power. From the Annual Report of view, the two main business electric meter, the traditional high and low voltage power distribution products is still the main source of profit. Report shows that high and low voltage power distribution products, operating income was 679 million yuan, 494 million wind turbine group, there is another piece of independently developed software products, operating income for 2009, 6.29 million yuan.
Although the results from the 2009 run, is still the traditional high and low voltage distribution products as the leading, but this year the wind turbines business with the Chinese instrument explosive growth pattern will change significantly. Corporate Annual Reports, this year’s overall business towards more than 20 billion revenue, business scale wind turbine will maintain rapid growth, the traditional high and low pressure is expected to be split evenly and wind power, basically the same sales volume.
At present, the Chinese wind instrument electric power business, mainly from its lung power of 1.5MW in 2009 won the order has reached 120 fans around. According to GF Securities researcher Li Weiqing analysis, order the existing fans, coupled with the second half of the company’s manufacturing base can Tongyu production, will also direct access to 50,000 kilowatts of order, consider the first half of the wind generators farm Investment tender peak meter to get this year China produced 200 sets of orders and sales are high probability events, its wind power business in 2010 on sales to more than 1.3 billion yuan.
“This year get orders is transparent, the only can not determine that the order has been received in that year profits would not necessarily realize that some orders may be delayed until next year to deliver.” Jiang Fujun said.
In the traditional development of high and low voltage parts, electrical apparatus and China did not give up, “after all, which started the main business, will not give up.” Jiang Fujun said: “The high and low voltage components in the sales area has also been a breakthrough and began to enter the petrochemical industry and try to enter the high-speed railway, real estate and other industries, sales this year will be a breakthrough. “
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