Weisheng Holdings (03393) rose nearly 4%. As of press release, it was up 3.62% to HK$7.72, with a turnover of HK$32.8612 million.
The Zhitong Finance App learned that Weisheng Holdings (03393) rose nearly 4%. As of press release, it had risen 3.62% to HK$7.72, with a turnover of HK$32.8612 million.
According to the news, power equipment leaders such as Eaton, Hitachi, and Siemens Energy recently disclosed quarterly earnings reports, orders/performance related to the power grid sector have increased, and Eaton and Siemens Energy have revised their 24-year full-year guidelines. Furthermore, the national standard “Energy Efficiency Limits and Energy Efficiency Classes for Power Transformers” (GB20052-2024) was officially announced by the National Standard Information Public Service Platform, and is scheduled to be fully implemented on February 1, 2025. The agency recommended continuing to pay attention to improving the energy efficiency of transformer rings and resonance at sea. Continue to be optimistic about directions such as UHV, intelligent power grids, deepening reform of central power enterprises, and power equipment going overseas.
CITIC Construction Investment previously pointed out that the first quarter ended relatively lackluster online, and there were few 24Q1 tenders. It is expected that there will be significant volume in Q2, and the bidding situation will become an important catalyst for the power equipment industry in Q2. The State Grid has disclosed the 2024 headquarters collection schedule. Judging from the tender period, project tenders were relatively concentrated in April-September and ended around November. The bank continues to be optimistic about power equipment going overseas (primary equipment, electric energy meters), increasing investment within the network (UHV flexibility, core main equipment increases, “distribution network +”, etc. bring structural opportunities), and focuses on targets with high demand elasticity at home and abroad.