With the sustained and rapid development of economy in our country, power demand and investment growth, transmission and distribution and control equipment manufacturing industry in our country market prospect is good. The development of national economy and power for the development of the whole electric power transmission and distribution and control equipment manufacturing injected powerful momentum, China is now in transmission and distribution equipment purchases accounted for 32% of the world. 1 - December, 2012 sales income 1.405767 trillion yuan, 83.124421 billion yuan of total profit.
After ten years of rapid development, can see the transmission and distribution and control equipment manufacturing industry to further maintain the sustained, rapid and sound development still faces many pressures and challenges. First of all, the overall technology level in China compared with the international market is still relatively backward, mainly reflected in the overall system scheme of technical design, function optimization design and the system structure design, etc., and performance in the market, is the same kind products style is various, the manufacturing cost is high, the low degree of concentration, brand effect is not obvious, such as product competitiveness is improved, but still very weak. As the focus of attention in the world, more international companies into the domestic market, faces a new adjustment on the industry, market competition will be more intense.
Second, the electric power industry is the key priority development of strategic industry in our country. The state council, the state grid successively promulgated the "energy development" twelfth five-year "plan" the national power grid companies "twelfth five-year" intelligent power grid planning and a series of important policy documents, to the benign development of the electric power industry has created a favorable industrial policy environment.
If a larger national macroeconomic policies and related industrial policy in adjustment, will have certain influence for the company's production and operation. Finally, influenced by the us subprime crisis, the global economic slowdown, China's economic development is slow due to financial crisis. Financial crisis led to the limited investment growth, exports fell significantly, the market demand, various industries are facing the development of the greater pressure. Market demand due to the transmission and distribution and control equipment manufacturing industry is wide and a slowing economy also has great influence on the development of industry.
Despite the challenges, we can see, in a new round of government policy to guide our industry also faces new historic opportunity for development. Introduced in September 2010, the state grid corporation of the state grid corporation "twelfth five-year" intelligent power grid planning, the paper points out that "twelfth five-year" period, the country will accelerate the construction of modern power grid system, promoting the construction of smart grid, enhance capacity and power supply reliability, optimal allocation of grid electricity is expected by the end of the 12th five-year, reached 99.97%, urban distribution network power will be integrated voltage qualification rate reached 99.2%, line loss.suggestions further down to 6.0%; Rural electric contributor to less than 6.2%, the power supply reliability is higher than 99.73%, the integrated power supply voltage percent of pass is higher than 98.45%. "
At the same time, the urban rail transit infrastructure investment is also on the rise. According to reports, the country is construction of metro lines more than 70, a total investment of more than $8000, if plus has been approved by the project, investment of more than 1.5 trillion. In addition, there are 25 cities planning development of urban rail transit. 2015 years ago, is expected to track traffic will need 75000 sets of low-voltage switchgear. In addition, west-east gas, water, and the construction of airports and other large engineering will also provide power distribution switch control equipment industry with larger market space. And although China's real estate industry development speed has slowed, but still maintain a certain growth, believe that will create a big market for power transmission and distribution and control equipment manufacturing space.
To sum up, although our country in recent years, power demand and industrial enterprises demand growth decline, but there are still a growth industry characteristics of present "enormous quantity wide", therefore, in the long run, China's demand for electric power transmission and distribution equipment will continue to maintain steady growth.
To be sure, has strong research and development ability, can meet the market needs timely developed mature product, and can reduce manufacturing costs through economies of scale, and has a strong sales network of regional leading enterprise will have a very good development prospects.