Jinlihua Electric: The glass insulator industry is still at a relatively high level of prosperity
Jinlihua Electric responded to investors on the interactive platform on May 13, stating that according to the announcement disclosed by the company on April 3, the ultra-high voltage glass insulator expansion project invested and constructed by its wholly-owned subsidiary Zhejiang Jinlihua Electric has been put into production as of March 31. After the completion of the project, the company's production capacity of ultra-high voltage glass insulators has increased from the original annual capacity of approximately 1 million pieces to 4 million pieces. According to the current market situation for glass insulators, the industry's prosperity level remains relatively high. Although there has been some growth on the supply side, it has little impact on the overall supply and demand pattern of the current industry
