With the advantages of technology and products, Xiangdian Electric will achieve a breakthrough in the sales volume of wind turbines. This year, the sales target for wind turbines is scheduled to exceed 800 units. At the 2010 Annual General Meeting held yesterday, Chairman Zhou Jianxiong gave a loud voice.
From 2008 to 2010, the newly installed capacity of wind turbine generators in Hunan Electric Power Co., Ltd. was 1.92%, 3.33% and 4.7% respectively. Although the national wind industry experienced a decline in the industry in 2010, the Hunan Electric Power Co., Ltd. has been climbing for three consecutive years. Xiangdian has become the first domestic manufacturer to develop and produce large-scale direct-drive wind turbines with a capacity of more than 2 megawatts. At present, it has a series of 2 MW direct-drive wind turbine generators with independent intellectual property rights; in 2009, it held hands with Darwin, a Dutch company. Has the most advanced 5 MW wind turbine manufacturing technology.
According to reports, the domestic market for wind turbines is fiercely competitive, order prices are still declining, equipment manufacturers are under pressure, and they have lowered their expectations. However, Xiangdian Stock Co., Ltd. uses its technical advantages in the whole machine and key parts and components to continuously improve its product technology. At the same time, Hunan Electric Power Co., Ltd. takes cost from the source, and the gross profit margin of the whole wind power machine is effectively controlled. At yesterday’s shareholders’ meeting, Xiangdian Power passed a proposal of 700 million yuan in cash to acquire the remaining 49% of Xiangdian’s wind power, thus wholly owning the equity of Xiangdian Wind Energy.
"30% of Xiangtan Electric's future business will come from overseas." Chen Neng, general manager of Xiangdian, said. This is also the voice of all the executives of the Hunan Electric Power Co., Ltd. It is an important move of the “12th Five-Year Plan†strategy of Xiangdian Electric.
Since the Hunan Electric Shares and controlling shareholders increased their capital in Xiangdian Import and Export Corporation in January of this year, Hunan Electric Co., Ltd. has again increased its capital and established a subsidiary in Hong Kong, reflecting that Hunan Electric is rapidly advancing internationalization. The Hunan Power Stock Co., Ltd. has used its European R&D platform and wind turbines to have the advantages of independent intellectual property rights, and has done a lot of solid work for the development of overseas businesses, and has made substantial progress. It is reported that Xiangdian Electric currently tracks a large number of overseas business orders, and some have already initialed agreements. However, it is necessary to do arduous work to become a realistic contract.
According to reports, Hunan Power has two 2.5 MW direct-drive wind turbines that have already been completed and will be sent to a European country. Two 5 MW wind turbines are going offline and are expected to be sent to Ireland in June.
From 2008 to 2010, the newly installed capacity of wind turbine generators in Hunan Electric Power Co., Ltd. was 1.92%, 3.33% and 4.7% respectively. Although the national wind industry experienced a decline in the industry in 2010, the Hunan Electric Power Co., Ltd. has been climbing for three consecutive years. Xiangdian has become the first domestic manufacturer to develop and produce large-scale direct-drive wind turbines with a capacity of more than 2 megawatts. At present, it has a series of 2 MW direct-drive wind turbine generators with independent intellectual property rights; in 2009, it held hands with Darwin, a Dutch company. Has the most advanced 5 MW wind turbine manufacturing technology.
According to reports, the domestic market for wind turbines is fiercely competitive, order prices are still declining, equipment manufacturers are under pressure, and they have lowered their expectations. However, Xiangdian Stock Co., Ltd. uses its technical advantages in the whole machine and key parts and components to continuously improve its product technology. At the same time, Hunan Electric Power Co., Ltd. takes cost from the source, and the gross profit margin of the whole wind power machine is effectively controlled. At yesterday’s shareholders’ meeting, Xiangdian Power passed a proposal of 700 million yuan in cash to acquire the remaining 49% of Xiangdian’s wind power, thus wholly owning the equity of Xiangdian Wind Energy.
"30% of Xiangtan Electric's future business will come from overseas." Chen Neng, general manager of Xiangdian, said. This is also the voice of all the executives of the Hunan Electric Power Co., Ltd. It is an important move of the “12th Five-Year Plan†strategy of Xiangdian Electric.
Since the Hunan Electric Shares and controlling shareholders increased their capital in Xiangdian Import and Export Corporation in January of this year, Hunan Electric Co., Ltd. has again increased its capital and established a subsidiary in Hong Kong, reflecting that Hunan Electric is rapidly advancing internationalization. The Hunan Power Stock Co., Ltd. has used its European R&D platform and wind turbines to have the advantages of independent intellectual property rights, and has done a lot of solid work for the development of overseas businesses, and has made substantial progress. It is reported that Xiangdian Electric currently tracks a large number of overseas business orders, and some have already initialed agreements. However, it is necessary to do arduous work to become a realistic contract.
According to reports, Hunan Power has two 2.5 MW direct-drive wind turbines that have already been completed and will be sent to a European country. Two 5 MW wind turbines are going offline and are expected to be sent to Ireland in June.
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