Tag Archives: Power Stabilizer
We believe that the Wolong Electric transformer business
Wolong Electric traction transformer into the industry leader
We believe that the Wolong Electric transformer business will fully benefit from the high-speed railways and urban rapid rail transit construction and maintain a rapid growth, additional equity investment and the project will address capacity bottlenecks to improve the company\\ s future growth potential, motors and batteries and other products in the industry boom context of the next few years will maintain rapid growth. The company expects fully diluted earnings per share for 2010-2012 were 0.71 yuan, 0.98 yuan, 1.27 yuan, giving 25 times 2011 PE valuation and target price of $ 25, kept a \"buy\" rating.
Diversified business development, strong growth in the transformer business
History of the company were carried out four major mergers and acquisitions, business diversification, including industrial / household motors, transformers, batteries and many other business and trade. In 2005 the company acquired 92.5% stake in Yinchuan Wolong, China and Thailand in 2009 acquired 51% stake in Beijing, the current transformers including power transformers, railway traction 220kV transformers, urban rail transit rectifier / transformer, dry type transformers, etc., has become the traction transformer industry leading enterprises.
Used in railway traction transformers produced mainly by the Yinchuan Wolong, traction rectifier transformers used in the subway by the Beijing Huatai production. Wolong Transformer is a company newly established in 2009, responsible for the super / ultra high voltage transformer product development and production of the subject.
Revenue from the company\\ s transformer business in 2008 to 2.1 billion yuan in 2009 to 4.6 billion in total revenue (22.3 billion) of 21% growth rate of 119%.
Leading position in solid traction transformer
Yinchuan Wolong is the company\\ s main railway traction transformers, 2009 operating income of 3.8 billion, net profit of 68.94 million yuan. Yinchuan Wolong has undertaken the Wuhan-Guangzhou line, Zhengzhou-Xi\\ an line, the Shanghai-Hangzhou line, the Shanghai-Nanjing high-speed passenger line line traction transformer order, laid in the railway traction transformer market leading position in market share of about 40%; we estimate Yinchuan Wolong carried forward to 2010 orders of $ 300 million (200 million railway contract), and this year there will be Shanghai, co mussels, North Zheng, into the music and many other high-speed rail project into the tender stage, the future can still maintain a rapid growth.
Beijing Huatai is the company\\ s production of the city\\ s main rail traction rectifier transformers, is the only one able to produce complete sets of traction rectifier equipment companies, accounting for 90% of the market, the Beijing subway, the national market of more than 30%. Beijing Huatai next few years will maintain the 35% compound growth.
According to the current building, common every 50 km electrified railway traction substation is located one each traction substation with two transformers, each priced at 300-5000000 yuan range. Accordingly, estimates, general electric traction transformers per kilometer in the investment of $ 15 million, while the high-speed rail line electrified railway product cost is 1.5 times normal, so the per kilometer high-speed railway traction transformer market demand of 23 million. We determine ,2010-2014 total market demand for railway traction transformers up to 8.03 billion yuan, an average 1.61 billion yuan, the market demand for the arrival of the peak in 2014, reached 20 billion yuan.
Similarly, every 2-3 km of urban rail transport set up a traction substation, each substation is equipped with two sets of traction rectifier transformers. Forecast 2010-2016 is the peak of urban rail transit ,2010-2015, a new urban rail transit total mileage of 3604 km completed, urban rail transit traction rectifier transformer market total capacity of 25.2 billion yuan, 420 million yuan.
Barriers to higher traction transformer industry, market competition is relatively stable
Railway traction transformer market high barriers to entry, due to the characteristics of high speed rail requires a high degree of transformer overload capability and short circuit ability, the same voltage level than the railway traction transformer power transformer technology is more difficult; and iron requirements of the Ministry of Railways Traction Transformers manufacturers must have two, two users, more than two years of successful operating experience, based on participation in the project through identification before bidding, bulk supply.
Urban rail transport market traction transformer, rectifier transformer traction in the subway because the amount of the lower proportion of the project, but related to the operation of the whole project quality, project investors will generally choose to run experience, track record of good corporate products . This segment of the industry leader for the formation of favorable conditions.
Therefore, the traction transformer market, with a rich supply performance of leading companies have first-mover advantage, competition is relatively moderate. Height of boom period in the industry, leading companies to share more of the market growth of the cake. Currently Yinchuan Wolong, cloud characteristics change shares and Changsha railway traction transformer along the major manufacturers, accounting for about 80% market share. With the growth of the size of the railway business, TBEA (600,089, stock it), Tianwei change (600,550, stock it), China\\ s Western Electric (601,179, stock it), Shandong of Chi and other large enterprises have gradually entered the transformer the market. Traction transformers in urban rail transit market segments, especially along the electrical and Beijing Huatai occupy nearly 80% market share, Jiangsu Huapeng, Shandong Jin Mante, Hainan gold plate electrical and other companies share less.
High-voltage transformer company over 120% capacity utilization, production capacity constraints of the company has become a major factor in the transformer business one. May 2010 the company was successful issuance of 5467 shares, raising 970 million yuan of funds, the original plans to invest \"high-pressure, high pressure transformer project\" $ 520 million. The project is finished, the company transformer production capacity increased by leaps and bounds, 220kV and 500kV transformer will become a mainstream product, to enhance revenue and market share to lay a solid foundation.
City Park two 220 kV hada change through acceptance
City Park, two 220 kV hada change through acceptance
Polaris Power Online News: Correspondent Wang Yingchun Liu Ying Ling reported recently, Tongliao City Park, the power
company, two 220 kV substations and Hada Branch City 220 kV lines, the line works, successfully passed the Liaoning
Provincial Power Station Project Quality Supervision Center pre-shipment inspection and supervision of investment
income.
City Park, Hada 220 kilovolt power transmission project, since construction started in July 2008, the company is
Tongliao power grid from 2008 to 2009 an important part of the construction. City Park covers an area of 34,436.6 square
meters of total substation, with a total construction area of 707.88 square meters, the installation of a main
transformer of 180 MVA, 220 kV outlet 10 back, 66 kV outlet 10 back. The total area of 19,416.3 square meters Hada
substation, with a total construction area of 876.54 square meters, the installation of a 120 MVA main transformer, 220
kV outlet 6 back, 66 kV outlet 7 back, install a group of 10 MVA capacitors. In addition to substation works, this
section also the city line, the river Ha lines 220 kV transmission line project for the new supervisory inspection, the
total line length of 136 km.
These two projects are Tongliao power company grid from 2008 to 2009 an important part of the construction. Project is
completed, Tongliao City to meet the 220 kV grid ring N-1 requirements, the grid structure is more reasonable, supply
capacity and reliability will be greatly improved, for local economic development has great significance.
47 Yulin Power Supply Bureau 110KV substation put into operation
No. 47 Yulin Power Supply Bureau 110KV substation put into operation
In order to meet given the rapid economic development side, to meet the industrial and agricultural production and
people s lives Dingbian growing demand for electricity, the western power grid to optimize the structure of Yulin, after
four months of intense construction of the building, at 22 o clock on September 23, 110KV be operational change while
Zhang Liang, Yulin Power Supply Bureau is put into operation the first 47 110KV substation.
Zhang Liang 110KV change is the hub of the western power grid substation planning, it can greatly improve the
construction of the western power grid network structure, the western power grid to solve the main problems, increase
the system s load capacity, improve the system reliability, reduce line losses improve power quality. Currently, the
western grid s load capacity has reached its limit, according to the load forecast, 5 years have 130MW of new power load
changes by Zhang Liang.
Zhang Liang 110KV substation installation of 2 × 50MVA final three-winding on-load tap changer, a 31.5MVA current
transformer, in order to better meet the user requirements for power quality, the main transformer using low-loss, a
longer maintenance cycle of the three phase three-winding self-cooled hermetically sealed load tap; 110KV double-bus
connection, end-of-12 back into the outlet, the current 6 back; 35KV single busbar connection, end-of-6 back into the
outlet, the current pre- stay; 10KV single bus segment wiring, terminal into the outlet 16 back, the current 8 back.
Zhang Liang 110KV 110KV transmission project by the Zhang Liang and Zhang Liang substation 110KV salt brick line change
to π then double-circuit transmission line components, project design, construction completed by their own power supply
bureau in Yulin, a total investment of 34.87 million yuan. The project is "Yulin Energy and Chemical Base" 2 +6 "network
planning" project, 110KV Zhang Liang change put into operation for the coordination of regional development, to achieve
leapfrog development set while creating the economic conditions, to accelerate local economic growth, for local people
to get rich as soon as possible to provide a strong power protection, with a very clear social benefits.
take the examination for the low temperature
Tonghua Jiangxi Transformer Power Supply Company to take the examination for the low temperature
With the advent of a new round of cold, so that distribution network is facing a severe test. To enhance the anti-risk capability of distribution transformers, December 23, Tonghua Jiangxi Power Supply Company of the 6 staff members braved the minus 26 degree temperature on the area of ??transformer "health check" to ensure safe and reliable power supply during the holiday season.
Inspection process, staff braved the biting cold wind, the focus view of the transformer oil, the oil level as the temperature changes lead to decrease in time to add the transformer oil; observe whether the transformer oil; check box top oil thermometer temperature; of deterioration transformer oil in time. In particular, hospitals, transportation hubs and other key customers to maintain power distribution equipment, the discovery of hidden dangers, one by one to eliminate defects and improve the quality of health facilities.
As of 17:00, visited the office a total of 15 transformers, transformers for the 8 add oil. "Physical" work continues, the branch will go all out to ensure that our customers spend a happy and harmonious New Year s Day.
University Laboratory measurement of new technology “building blocks”
Abstract: “active cooperation with the universities, to build laboratories for the training of future engineers, scientists build a bridge between university and society.” Industry experts said, this integrated oscilloscope, logic analyzer, protocol analyzer and WaveGen function generator Four in One device equipment, laboratory equipment and will upgrade the quality of “building blocks.”
Play a role on the industry Web site to promote the industry information to inform the work
“Active cooperation with the universities, to build laboratories for the training of future engineers, scientists build a bridge between university and society.” February 15, Agilent’s new 26 new oscilloscope new appearance. Ministry of Education, Science and Technology Department related to the leadership said that this will not only allow universities to quickly equip or upgrade teaching laboratories, so that Chinese students spend more advanced instrument, and its proposed innovative ideas such as unmanned laboratory that can help schools achieve digital, remote teaching laboratory of reform.
Oscilloscope is the design engineers and technicians to test and debug their main tool. According to reports, the launch of the University electrical and electronic teaching, research and laboratory tailored, high-performance, low-cost innovation 2000X and 3000X oscilloscope, is the high-end technology into the field of economy oscilloscope can make more students feel more advanced laboratory equipment. Also, specifically for its educational kit includes a professor of electrical engineering and physics developed with the undergraduate training tool that can provide students with what is the scope, how to perform basic surveying knowledge. It also contains a large number of built-in training signals, specifically for the laboratory preparation of the full set of guides and tutorials laboratory oscilloscope, professors and lab assistants for the basic principle of the oscilloscope slide.
“Building a high-quality teaching laboratories, the introduction of advanced measurement technology to improve the measurement of experimental level and ability, is an important part of students of quality training.” Industry experts said, this integrated oscilloscope, logic analyzer, protocol analysis function generator instrument and WaveGen Quad equipment, laboratory equipment and will upgrade the quality of “building blocks.”