The power grid equipment sector continues to rise, with Siyuan Electric and Sifang Co., Ltd. reaching new highs during trading.

2026-02-24 20:35:48

Abstract generation in progress

The power grid equipment sector continues to rise, with Sinowealth Electric and Sifang Co., Ltd. reaching new highs during the trading session. ShunNa Co., Ltd., Sanyuan Electric, and Wangbian Electric hit the daily limit-up, while Xinte Electric and Yinen Power increased by over 10%. On the news front, global power grid investment is experiencing a boom. On one hand, during the 14th Five-Year Plan, China’s State Grid Corporation is expected to invest 4 trillion yuan in fixed assets, an increase of about 40% compared to the 13th Five-Year Plan, with ultra-high voltage construction and distribution network upgrades as key focuses. On the other hand, to address the power gap caused by AI development, the U.S. Department of Energy has launched the “Power Acceleration Plan” to promote rapid deployment of power grid infrastructure. The explosive growth in global AI computing power has intensified the supply and demand tension for electrical equipment, significantly extending delivery cycles for products like transformers, creating notable opportunities for Chinese power grid equipment companies with complete industrial chains and efficient delivery capabilities to expand overseas.

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