Five Major Heavy Electric Machinery Companies Enter Golden Decade with Global Power Demand Effect

Reported 8 months ago

Taiwan's five major heavy electric companies have been benefiting from domestic and international orders as Taiwan Power Company has released orders worth billions over the past three months, boosting the heavy electric industry chain. Under the global power demand effect, the heavy electric supply chain is expected to enter a golden decade. Statistics show that these companies have secured tens of billions of dollars in orders from Taiwan Power Company, with Zhongxing Electric receiving the highest amount of around 3.46 billion yuan, followed by Yali around 2.85 billion yuan, Huacheng around 2.81 billion yuan, and Shidian around 1.55 billion yuan. These companies have been successful in securing transformer orders and other projects, driving their business performance.

Source: YAHOO

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