Strong support for local CNC equipment manufacturers

The impact of UHV construction investment on local equipment manufacturers has always been of concern to the market. State Grid has highlighted the support for local equipment manufacturers in its previous series of construction investment. It is understood that the State Grid has always believed that compared with foreign advanced enterprises, especially large multinational companies, local equipment manufacturers still have gaps in scale, efficiency, management and product performance and quality, and their comprehensive competitiveness is in a weak position. Because "UHV transmission technology is the commanding point of power grid technology", if the State Grid Corporation develops together with local equipment manufacturers, it can help local companies achieve leaps and bounds, rapidly narrowing the gap with the world's advanced level, and at the same time allow local companies to Get great income.
State Grid’s support for local equipment manufacturers can also be seen in the past bidding. According to reports, transformers, high-voltage reactors, switches (including grounding switches) and other equipment have been competitively negotiated for procurement in UHV AC projects that have been completed; other UHV equipment, such as 1000 kV surge arresters, post insulators, and grounding Switch and control protection equipment, using invitation to tender. The winning bidders include Tianwei Baochang, TBEA, and Pinggao Electric. The comprehensive localization rate reached 76%. According to reports, as long as it is a domestic company with production capacity, all domestic procurement will be provided; if domestic enterprises do not have production conditions, the domestic manufacturers will win the bid and foreign manufacturers will supply the subcontractors of domestic manufacturers.
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