Leading companies in the power equipment sector show steady performance growth with emerging new growth points

With the disclosure of the third-quarter reports of A-share listed companies coming to an end, driven by the sustained high level of domestic grid investment and the explosive demand in overseas markets, the majority of power equipment companies have achieved steady growth in revenue and profits. Supercapacitors and energy storage are becoming new labels for some companies. Against the backdrop of a recently released significant document that clearly states the need to accelerate the construction of smart grids and microgrids, several industry insiders believe that the power equipment industry is entering a period of resonance between short-term performance release and medium-to-long-term development opportunities. A review of the third-quarter reports of several representative companies in the industry, such as NARI-TECH, SIEYUAN, China XD Electric, XJ Electric, and Pinggao Electric, reveals that although there is a divergence in performance growth rates, the growth trajectory is clear, with grid investment and breakthroughs in overseas markets becoming the core driving forces