Of Electrical Energy: In The Voltage Distribution Cable Manufacturing Leader

Online GEM IPO roadshow was held Monday afternoon at the Panorama network

. Chairman Chentian Xu said the company focused on medium voltage distribution cables of equipment, the company's core products, pressure prefabricated cable accessories have occupied 13% domestic market share, production and sales of domestic brands ranks first in the domestic market One major manufacturer.

Chentian Xu pointed out that the advantages of technology development, product quality and performance advantages, comprehensive cost control advantages Sell Built in to the network edge electrical core competitiveness.

Products strong competitiveness, Chen Tianxu that the main products from the company has a complete process chain, thus effectively control costs, improve product value-added level of protection the product cost-effective.

Transmission and distribution capital investment the manufacturing industry is a big industry, director and chief engineer Wang TONG Zhi has deep feelings. He pointed out that this industry Marketing Modes of prominent customers for power system Tender Procurement model and method of payment, so they requested that manufacturers with sufficient liquidity to maintain a certain amount of inventory, and longer loan payback period, in addition to the industry's bid security access and quality of bond system and the company's follow-up R & D costs are on the money and relatively high demand, there is no accumulation of certain funds or financial support of the business will be difficult to participate in the fierce market competition.

Chentian Xu said, according to the company development strategy, in this issue A shares to electrical raise 220 million yuan by the use of funds will be pressure all around the main product portfolio prefabricated cable accessories and items of equipment, intelligent maintenance ring network equipment (C-GIS) technical transformation projects, and special fiber-reinforced polyester insulating material (SMC) and the main business-related products, projects and projects for working capital to expand product capacity, optimize product structure, strengthen technical innovation and new product development, further enhance the company's overall competitiveness, consolidate and enhance market position and promote the sustained and healthy development of the company.

Chen Tianxu the company confidence in the future, this self-confidence on the one hand technology from the company itself is strong, on the other hand, the state is gradually carried out in the power industry of the company even more powerful even more favorable policies.

He said, "urban and rural power grids and the construction of the cable distribution network construction as the company's products provide a large market demand, while in 2009 China's proposed" smart grid firm "in planning, while further expanding the company's future development the space. "

Director and general manager of Chan Man-hung, the company put forward the future development of specific objectives, the company in the next 3 to 5 years to consolidate in the medium voltage prefabricated cable accessories, C-GIS ring leader in the field of container products, while towards the SMC box to obtain the area of a strong competitive advantage; in the next 5 to 8 years, the main products the company to more effectively involved in international competition to achieve a strategic goal of international famous brands.

Electric Co., Ltd. Fujian business scope can be as high Low Electrical equipment, cable accessories, Transformer , Transformers, low voltage switch, electric power automation products wholesale, commission Proxy ; Electrical equipment switches and accessories designed and produced. Company is committed to rapid development in the country of transmission and distribution cable systems, to meet Insulated, intelligent maintenance-free, Environmental protection Small target, providing the core technology with independent intellectual property, products can compete with international brands, strong and intelligent network planning programs meet the medium voltage level of transmission and distribution equipment.

In to the number of issued shares of electric this is 2000 million. Of which 400 million shares issued under the net, representing the number of this issue for 20%; online issue of the number of shares for 1600.

Of Electrical Energy: In The Voltage Distribution Cable Manufacturing Leader

By: vivi

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