Huaming Power Equipment Co.,Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Huaming Electric Power Equipment Co., Ltd. is the only professional manufacturer in China with two major tap changer production bases, committed to becoming a leading global tap changer system solution and equipment supplier, capable of providing first-class products and services to power grids and industrial users in various countries, and has developed power engineering business on this basis. At the same time, the company provides professional products and services to customers in the field of CNC equipment. The power grid is the main artery of the national economy. Due to the natural geography of China, the high energy production areas and high energy consumption areas are far apart, so high voltage, ultra-high voltage, and ultra-high voltage are needed to achieve long-distance transmission. China has established a cross provincial national network with 500KV as the backbone power grid. According to the requirements of "carbon peaking" and "carbon neutrality", it is expected that by 2060, the proportion of electricity consumption in China will exceed 70%, the proportion of non fossil energy consumption will exceed 80%, and the proportion of clean energy power generation will exceed 90%. In this trend, "re electrification" will become a key path to achieve the "30.60" goal. We need to achieve large-scale development and utilization of clean energy on the production side, and deep substitution of fossil energy by electricity on the consumer side. With electricity as the center and power system as the platform, we need to fully utilize modern energy, materials, and information technology. On the basis of traditional electrification, we need to achieve a highly electrified society with clean energy as the main body. Therefore, cross regional power grid dispatch has become the norm in the power system, and on load tap changer is the key core component for achieving cross provincial power grid dispatch. （1） The power equipment business of the power equipment business company mainly includes the research and development, manufacturing, sales, and services of transformer on-load tap changer, non excitation tap changer, and other transmission and transformation equipment. The company's tap changer products have been safely operated in nearly a hundred countries around the world, becoming one of the main choices for tap changer products in power systems, industrial users, and key projects. In recent years, the company's on load tap changer production and sales have remained a leading position in the industry. The tap changer is one of the important components of a transformer, also known as the tap changer of the transformer winding. It sets tap changer at different parts of the transformer winding, changes the position of the tap changer, and changes the number of turns of the transformer winding, thereby achieving the voltage regulation effect of voltage fluctuations caused by load changes and stabilizing the grid voltage. With the development of the national economy, the power sector connects many power grids with different voltage levels to improve the reliability and economic benefits of power supply. Due to the reversible voltage regulation characteristics of tap changer, it is widely used by power grid companies in various power grids. Changing the position of the tap changer for the connection transformer or phase-shifting transformer can complement the strengths and weaknesses as needed, adjust the load flow, greatly increase the flexibility of power grid scheduling, and improve the technical and economic indicators of power system operation. According to the mandatory provisions of the International Electrotechnical Commission (IEC) standards and Chinese national standards, power transformers above 35kV must be equipped with voltage regulating tap changers. The company's direct customers are downstream transformer factories, but the end users are power grid companies and other transformer users (such as large industrial and mining enterprises). Due to the widespread use of bidding methods by domestic power grid companies when purchasing transformers, the tap changer selected by transformer factories during bidding must adapt to the technical parameters of the transformer and meet the specific requirements of the power grid company. Therefore, the power grid company has put forward higher requirements for the quality of the tap changer used by transformer factories. With the breakthrough of domestic tap changer technology innovation, Huaming has developed a batch of products with fully independent intellectual property rights, covering the voltage level of the products to 1000kV. This not only represents the improvement of tap changer performance, but also marks the international advanced level of tap changer manufacturing in China. Based on the high cost-effectiveness and professional advantages of the product, the transformer manufacturer, after successfully winning the bid, will work with the company to further confirm the effectiveness of the contract between the power grid company and the transformer factory, and maintain good communication with the transformer factory to timely implement production scheduling according to the delivery time of the transformer factory. After obtaining the order, the company provides customized solutions tailored to the specific needs of end users and transformer factories. After technical review, production is arranged, and the products are logistics arranged by the company to be delivered to the transformer factory or to the designated location by the customer. With the increase in market awareness of the two major tap changer brands under the company, "Huaming" and "Changzheng", the company has transformed from a simple product supplier to an integrated solution supplier, increased maintenance efforts for existing products, focused on improving the ability and scope of product maintenance services, and further provided comprehensive technical support for various types of customers. On load tap changer is an important equipment in the transmission and transformation network, which can be used for line voltage adjustment, power compensation (adjustable reactor), line impedance adjustment, industrial metallurgical equipment voltage regulation, and other applications. It plays a crucial role in the quality of the power grid and the development of the national economy.（2） The main business of the CNC equipment business company is the research and development, manufacturing, and sales of complete sets of CNC processing equipment for intelligent steel structures with optical, mechanical, and electrical integration. As a professional manufacturer of "industrial mother machines", we aim to quickly track international new technologies and carry out a series of processing processes such as drilling, punching, milling, cutting, sawing, marking, automatic detection, automatic loading and unloading, and automatic coding for steel and sheet materials through digital operating procedures. We can achieve multi-functional and multi process automatic continuous production, fully reflecting the characteristics of complete sets, compounding, efficiency, and intelligence, This fully reflects the trend of intelligent development in the equipment industry. For specialized CNC complete processing equipment with mature technology and high market demand, the company implements mass production. Specialized equipment that meets the requirements of a single customer with relatively small market demand is mainly customized production. （3） The power engineering business of the power engineering business company mainly involves contracting new energy power stations. In the contracting business of new energy power plants, the company directly signs a general contracting contract with the contracting unit or participates in the bidding process of the client to sign the contract after winning the bid. In some businesses, after confirming the relevant policies and procedures of new energy power plants (including centralized photovoltaic and distributed photovoltaic power generation) are complete, the company signs a power plant engineering contracting contract with the client. The contract generally stipulates that the shareholders of the power plant investment enterprise need to pledge the equity of the power plant to the company, To ensure the safety of the company's payment collection. During the construction process, the company establishes corresponding project teams and carries out construction according to the PC contract agreement and the power plant design plan. The project team arranges material procurement based on the construction schedule, implements the construction progress of the power station, and ensures the project is completed on schedule. The main payment method for customers is for the employer to make payments directly according to the agreed progress in the contract. In addition, some shareholders of power station customers may consider selling their equity in the power station to a third party. In this case, the company generally signs corresponding agreements with the power station, its shareholders, and third parties, and the third party will directly transfer the contract payment that the company should receive to the company account or transfer it to the company account through the power station project company account. If there is any balance, Then pay to the shareholders of the power plant investment enterprise. |
| Headquarter | Jinan |
| Establish Date | 8/19/2002 |
| Listed Code | 002270.SZ |
| Listed Date | 9/5/2008 |
| Chairman | Xiao Yi. |
| CEO | Luwei Li. |
| Website | www.huaming.com |
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