Recently, the State Grid officially released its development plan for the "15th Five-Year Plan" (2026-2030), with a total investment scale of approximately 4 trillion yuan, an increase of about 40% compared with the "14th Five-Year Plan". China Southern Power Grid's investment scale in 2026 will reach 180 billion yuan, hitting a new high for consecutive years. The huge investment of the two major power grids will focus on UHV, smart grids, new energy grid connection and distribution network transformation, directly driving the demand growth of core equipment such as transformers and GIS by more than 20%.
As a national-level "Little Giant" enterprise specializing in precision and specialty, Yawei Transformer has deeply participated in multiple batches of centralized bidding of the State Grid by virtue of its 500kV UHV manufacturing capacity, full-series energy-efficient product matrix and stable delivery capacity. The company's revenue exceeded 2 billion yuan in 2025, a year-on-year increase of more than 40%; orders in the first quarter of 2026 increased by 35% year-on-year, and the current orders on hand have been scheduled to the first half of 2028.
Yawei will keep up with the pace of power grid investment, continuously optimize the supply of Class 1 energy efficiency products such as S13 and SCB14, accelerate the R&D and mass production of intelligent transformers, and provide efficient, reliable and intelligent power transformation solutions for the construction of a new power system.