Industry News

Weida main product booster cables , battery clip, tow rope,ratchet tie down.

« Dongfang Electric: break up the right time Dongfang Electric Guotai Junan maintain investment grade collection »

WANG Ji: Dongfang Electric gorgeous turn

    Dongfang Electric's growth brings the value of our series of thinking is: a planned economy era, came to the business, it changes the key turning point in the market is how to choose the development path?
    It is how to build their competitive edge to respond to market challenges?booster cables If you put it in a larger global market, it can not be a leader in the manufacturing sector in China?

    WANG Ji did not expect, new energy, sing the "theme" could be so fast pace.

    "A few years ago, we in the nuclear power project,battery clip to determine the future of nuclear power there would be a great market demand, will be complementary in industrial structure adjustment, but who knows what will come so soon." The China Dongfang Electric Group Co. the company's chairman, tow rope was quite glad of the original decision.

    With the king for two hours of dialogue, "excellence," the reporter was cut from the new energy market, ratchet tie dowm this topic apparently stimulated his nerves.

    It is simply a traditional power equipment manufacturers, industry in addition to one or two similar enterprises, almost no competitors. King of dollars to see before we judge the impression of Dongfang Electric Group is probably the case. However, the king of dollars of excitement and anxiety, have revolutionized our views.

    Goes back from 1958, also in Sichuan Deyang hydroelectric equipment factory in China, as Chinese power equipment manufacturing and power plant engineering contract large enterprises, to participate in the global market competition, wins the mouth from the GE food. Dongfang Electric is clearly a lively business.

    Dongfang Electric's growth brings the value of our thinking becomes a series of profound up: a planned economy era, came to the business, it changes the key turning point in the market is how to choose the development path? Increasing degree in the market today, it how to build their competitive edge to respond to market challenges? If you put it in a larger global market, it can not be a leader in the manufacturing sector in China?

    Compete in major reshuffle of new energy.

    For this who did not think the market would break out so fast, speed, ability to represent the competition, it means the opportunity and market share. And with the power of the capital market is a must to enhance the speed of choice.

    The lively scene disturbed new energy power equipment manufacturing industry in China of a pond.

    September 23, 2009, Dongfang Electric shares of non-public offering of 145 million A shares, net proceeds to be not more than 50 million applications were conditionally by the Commission. This is from the quake-hit Dongfang Electric after the issuance of the second financing. May 2008, the Dongfang Electric shareholders through a public issuance of the General Assembly not more than 6,500 million A shares, plans to raise no more than 3.96 billion yuan, although the success of this program was approved, but because of financial crisis and the A share market substantial adjustment would only finance a 13 billion yuan of funds.

    The market has been concerned that the two additional Dongfang Electric to raise funds are used by companies of nuclear power, wind power equipment, construction and reconstruction work. Interestingly, in this year's April 27 launch of Dongfang Electric plans to raise no more than 50 billion plan for the next day, the Shanghai Electric (600835. SZ, 2727.HK) has announced the proposed financing of not more than 50 million private placement programs, and also raise funds for its investment in nuclear power industry, wind power industry and electrical equipment items.

    Dongfang Electric Corporation (hereinafter referred to as Dongfang Electric), Shanghai Electric Group (hereinafter referred to as power) and Harbin Electric Group (hereinafter referred to as HEC), which constitute the domestic power equipment manufacturing market, the Big Three. Dongfang Electric, the power that the two "A + H" listed companies to seize new energy equipment market and the accumulation of capital, operation, and soon Kazakhstan electrical stimulation to the investors. Following in the ST A (000922.SZ) of stock it, many investors continue to ST A major shareholder of Harbin Power asked: "development of new energy that needs money, why not complete the overall market to finance?"

    Behind the development of such a desire is a powerful driver of market interest. Chinese nuclear power market currently accounts for only about 1% of total electricity, according to the planning, construction of domestic nuclear power by 2020 the total investment is expected to reach 1.25 trillion yuan, about 564 billion yuan investment in equipment, domestic equipment companies will share about 430 billion yuan market. Obviously, for this who did not think the market would break out so fast, speed, ability to represent the competition, it means the opportunity and market share. And with the power of the capital market is a must to enhance the speed of choice.

    It seems one step ahead of the East is now electrical. Currently, Dongfang Electric and power business in the nuclear island has been occupied more than 90% market share, and from order point of view, Dongfang Electric hold more than 350 million hands of orders, accounting for about 60%, 20% power more than a relatively small share of HEC.

    Just five years ago, not on the nuclear power project on the East is still a need to clarify the electrical problem. In 2004, when the decision on nuclear power projects, the leadership is also controversial, but the Oriental Electric leadership team realized that the development of coal in the power market competition is no longer a competitive advantage. "The next round of development, Dongfang Electric, where the long term? Is the Ling Ao nuclear power plant have been involved in the construction, let us in a leading position in the field of nuclear power, the resources do not, the Oriental Electric will be a pity."

    Thus, in other electrical equipment is serious business not the case, the first step Dongfang Electric start on the project in the nuclear power investment. When the colleagues realized that prospects for the future development of nuclear power when the DEC has already formed a production capacity.

    However, competition in the field of nuclear power has only just begun. Since 2005, the power to invest 60 billion yuan in the construction of two nuclear power port and Minhang equipment manufacturing base. At present, the power has exceeded 200 billion related to the order. HEC is to catch up, public information display, it will invest 3.3 billion within three years, the development of nuclear power equipment manufacturing capacity.

    "In the second generation nuclear power market, Dongfang Electric occupy the first-mover advantage. However, due to the introduction of the French Oriental Electric technology does not belong to the third generation nuclear power technology, three generations of nuclear power if the country launched a large scale, the nuclear power market in the East just to gain advantage Electric is very unfavorable. "Golden State Securities analyst Liu Jiang Xiao power industry analysis, electric power, and Kazakhstan, as designated by the State's third-generation nuclear power equipment company, Dongfang Electric will place the current market leader in the formation of a strong challenge.

    In the new field of energy, Dongfang Electric to address the challenges not only in nuclear power, there also began to develop in 2004, wind power. As the first half of 2009, orders in the electrical structure of the East, wind power orders for 15.6 billion, an increase of 80%, the proportion of the total order of 12%, ahead of the thermal power, nuclear power, the slightly higher than the water.

    "In 2005 we have the first wind turbine to the next year we will reach 1,200 units, fully formed a scale. Scale, how to reduce costs, how to improve the quality and how good service is our key to win market." From the May this year, the data point to 28% of Dongfang Electric's market share has more than Goldwind second, it does not make the king was optimistic terms, "wind power is too messy, we do wind power, though never lose any money, but it had never earned big money. industry are too many small businesses, the price is very unstable and more shuffling earlier, the development of wind power on the promotion of Dongfang Electric will be more obvious. "

    Even the wind power market reshuffle, Dongfang Electric would still have to face Sinovel, Goldwind the attack and power of death-defying chase. The next five years, power equipment, power lookout as one of its strategic focus, plans to achieve sales revenue of 14 billion yuan, and the firm ranks among the national top three. Industry analysts have also recognized the power of wind power equipment industry in the "future of dark horse."

Post comment:

◎welcome to give out your point。

Calendar

Comments

Previous

iande Weida Electrical Appliance Tools Co.Ltd. professionally manufacture booster cables , battery clip, tow rope,ratchet tie down.