On November 24, 2010, China Xidian Electric issued an announcement that its subsidiary Xidian Power Systems planned to integrate Beijing Haopu Huaqing Electric Technology Co., Ltd. to accelerate its expansion in the power electronics field and realize the company’s power electronic field as soon as possible. Strategic Planning.
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China West Electronics Corporation's Xidian Power System plans to acquire a share of Beijing Haopu by cash for RMB 14.5 million and then increase capital by RMB 4.8 million. Upon completion of the capital increase, XD Power Systems will hold a 60% stake in Beijing Haopu. Beijing Haopu was established in March 2008. The company is mainly engaged in research and development, production and sales of high and low voltage frequency converters, mine frequency converters, and electric drive systems. Beijing Haupou's operating income in 2009 was 6.64 million yuan with a total profit of 200,000 yuan.
After the reorganization, the new Beijing Hapu business scope will be changed to: high and low voltage inverters, mining inverters, energy storage devices, electrical drive systems, new energy and grid equipment, environmental protection and energy saving equipment, flexible transmission equipment research and development, design , production, sales and provision of technical consulting services. The announcement stated that Beijing Haopu owns a series of key inverter technologies and independent core technologies as well as a strong R&D team; after the reorganization, the new company will provide tremendous support for China West Power to enter the inverter field and will become China West Power Electronics. The new R&D platform in the field provides powerful R&D and technical support for derivatives in related fields.
China West Electric reorganized Beijing Haupou into the power electronics industry and it coincided with two important strategic opportunities: In September, the State Council finalized seven strategic emerging industries and supporting policies, selected energy conservation and environmental protection, a new generation of information technology, biological, high-end equipment The seven industries of manufacturing, new energy, new materials, and new energy vehicles will concentrate their efforts to accelerate progress. Among these seven industries, energy conservation and environmental protection are the first and foremost, and motor energy conservation is an important part of energy conservation and emission reduction. Beijing Haupor's inverter-based energy-saving and environmentally-friendly products face enormous potential market demand; in accordance with the national power grid plan, the smart grid entered the stage of comprehensive construction in 2011, and flexible transmission is one of the important contents of intelligent transmission technologies. Related technologies are under development. Or during the test phase; China Xidian, as a leading domestic power transmission and transformation equipment manufacturer, will use Beijing Haopu as a platform to increase its R&D efforts in flexible transmission technologies, new energy sources, and grid-connected equipment. It will become a pioneer in the field of flexible transmission and be effective. Expand the company's product line and enhance the complete set of equipment for power transmission and transformation equipment.
Comments:
China West Electronics Corporation's Xidian Power System plans to acquire a share of Beijing Haopu by cash for RMB 14.5 million and then increase capital by RMB 4.8 million. Upon completion of the capital increase, XD Power Systems will hold a 60% stake in Beijing Haopu. Beijing Haopu was established in March 2008. The company is mainly engaged in research and development, production and sales of high and low voltage frequency converters, mine frequency converters, and electric drive systems. Beijing Haupou's operating income in 2009 was 6.64 million yuan with a total profit of 200,000 yuan.
After the reorganization, the new Beijing Hapu business scope will be changed to: high and low voltage inverters, mining inverters, energy storage devices, electrical drive systems, new energy and grid equipment, environmental protection and energy saving equipment, flexible transmission equipment research and development, design , production, sales and provision of technical consulting services. The announcement stated that Beijing Haopu owns a series of key inverter technologies and independent core technologies as well as a strong R&D team; after the reorganization, the new company will provide tremendous support for China West Power to enter the inverter field and will become China West Power Electronics. The new R&D platform in the field provides powerful R&D and technical support for derivatives in related fields.
China West Electric reorganized Beijing Haupou into the power electronics industry and it coincided with two important strategic opportunities: In September, the State Council finalized seven strategic emerging industries and supporting policies, selected energy conservation and environmental protection, a new generation of information technology, biological, high-end equipment The seven industries of manufacturing, new energy, new materials, and new energy vehicles will concentrate their efforts to accelerate progress. Among these seven industries, energy conservation and environmental protection are the first and foremost, and motor energy conservation is an important part of energy conservation and emission reduction. Beijing Haupor's inverter-based energy-saving and environmentally-friendly products face enormous potential market demand; in accordance with the national power grid plan, the smart grid entered the stage of comprehensive construction in 2011, and flexible transmission is one of the important contents of intelligent transmission technologies. Related technologies are under development. Or during the test phase; China Xidian, as a leading domestic power transmission and transformation equipment manufacturer, will use Beijing Haopu as a platform to increase its R&D efforts in flexible transmission technologies, new energy sources, and grid-connected equipment. It will become a pioneer in the field of flexible transmission and be effective. Expand the company's product line and enhance the complete set of equipment for power transmission and transformation equipment.
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