At present, a single meter in residents' homes cannot realize the ladder price. Since 2010, the State Grid has purchased one of the major functions of smart metering four times a year, and it is for this purpose.
In fact, the smart meter is just a power device in the smart grid that the State Grid vigorously promotes. In the future, the electric power shortage problem that is bothering us can be solved by using the smart electricity meter to use the ladder electricity price to relieve some of the peak power consumption.
As of now, the second round of centralized bidding for smart meters in the year of the State Grid has already ended, including several listed companies such as Keyou Electronics, and Keluo Securities’ representative Wen Jing stated to the “Investor Daily†on May 26 as a country. The net smart meter won the bid and the company is producing relevant smart meters in accordance with the state-of-the-art technology standards.
With the acceleration of the procurement process, compared with single-phase smart meters, the advantages of three-phase smart meters with higher gross profit and high-tech content are even more obvious.
Bidding steering: Listed companies dominate On May 5th, the State Grid Corporation's centralized procurement of scale in the second project of the 2011 electric energy meter won the tender and announced that the tender attracted a total of 16.59 million electric meters, compared to the total number of tenders for the first project in 2011. The increase is more than 30%.
In 2011, the first tender of 9.15 million units of single-phase smart meters accounted for 22% of the total tender volume in 2010, and the scale was relatively large. A total of 44 manufacturers won the bid. The top three vendors are Ke Lu Electronics, Jiangsu Lin Yang, and Wasion Group, which accounted for 6.54%, 5.96% and 5.85% respectively.
According to the results of the second round of bidding for the 2011 State Electricity Meter, the total number of smart meters for this tender was 14.25 million. From the standpoint of product splitting, there were 12.55 million single-phase smart meters of the 2S class and 1.47 million three-phase smart meters of the 1S class, 0.5S. There are 129,000 three-phase smart meters and 969 0.2S three-phase smart meters. In addition, there are 2.2 million single-phase ordinary electronic energy meters and 141,000 single-phase AC induction long-life energy meters of the 2S class.
In 2011, the second 2S grade single-phase smart meter had a total of 42 manufacturers winning the bid. Among the top four were Wasion Group, Jiangsu Linyang, Great Wall Development, and Ke Lu Electronics. The first group status of the manufacturers has been basically established.
This compares with 2010, the situation has changed. Judging from the results of the tender in 2010, the industry is highly competitive and there are no obvious advantages. The top three companies are not listed, accounting for about 22% of the total, constituting the first echelon of the market. Listed companies Hao Ning Da and Ke Lu Electronics ranked fifth and seventh respectively.
In the second tendering process in 2011, Hao Ningda's 2S single smart meter scalar quantity was 375,700, which was far lower than the 770,400 of Kelu Electronics, but the 1S three-phase smart meter with higher gross profit rate was Hao Ningda's The number of successful bids was 112,400, slightly higher than the 98,300 of Kelu Electronics.
At the beginning of 2010, the bidding of the State Grid Corporation of China Co., Ltd. adopted the lowest bid, and the overall gross profit rate of the companies in the industry declined significantly. Taking Hao Ningda as an example, the gross profit margin in the three quarters was 26.86%, which was a decrease of 18.64% from 40.50% in 2009. In 2010, under the premise that the entry barrier of smart meters was low, enterprises that focused on subdividing high-end products were more successful in 2011.
According to an insider of the State Grid on May 25, the “Investor Daily†stated that in order to avoid the poor quality of electricity meters and the failure to deliver on time in 2010, the State Grid’s 2011 electricity meter bidding will no longer be the lowest bidder. However, it is based on a combination of factors such as production capacity, quality, delivery on time, and product price in the procurement process in 2010.
The space smart meter of 200 million single-phase smart meters is divided into two categories: smart single-list and three-phase smart meter. Northeast Securities Yang Jiali said that the smart single-phase meter is used for household housing and belongs to the civilian electricity meter; the three-phase smart meter is used for industrial use with a small amount, which is about 1/10 of that for civilian use.
At the end of November 2009, the State Grid announced the smart meter standard, and the first smart meter bidding ended in December of that year. In the first tendering project, the tendered electricity meters were 1S three-phase fee-controlled smart meters and 2S single-phase remote-controlled smart meters. A total of 2,943,400 tenders were issued. Subsequently, the State Grid has increased the number of tenders. In 2010, it completed 4 smart electricity meter tenders and accumulated 45.37 million tenders.
In 2011, the State Grid plans to invite 50 million tenders. As of now, the State Grid has completed two smart meter tenders this year, totaling approximately 28.99 million electric meter tenders, and 58% of planned tenders have been completed.
The State Grid plans to replace 300 million single-phase smart meters between 2010 and 2014, with an average annual output of 60 million. The 2010 and 2011 two-year tender volume will be approximately 100 million, and the State Grid will also purchase large quantities over the next three years. More than once, at least 200 million single-phase smart meters were purchased, and related meter companies still have a lot of room for development.
Ping An Securities believes that with the maturity of the tender system of the State Grid, as the major market, the market competition pattern of the single-phase watch has stabilized, and the top ten companies in the industry can get a share of 45% to 50% each time. The dominant pattern should continue and strengthen.
The insiders of the State Grid told Investor News that with the construction of the smart grid, the technical requirements for related accessory products are getting higher and higher, and the technical level of most of the domestic power distribution companies is not up to standard; the State Grid for faster and safer To promote the construction of smart grids, we can only go back to the upstream equipment industry and formulate relevant technical standards for the smart grid. Holding XJ Electric is one of the representative actions of the State Grid to advance upstream.
On July 17, 2010, the China Electric Power Research Institute under the State Grid Corporation of China entered into the Cooperation Framework Agreement with Ping An Trust Investment Co., Ltd. and Xu Ji Group, and the Chinese Academy of Electric Power has replaced the Ping An Trust as Xu through capital increase and share expansion. Following the group's controlling shareholder, holding 60% of the shares, it is possible to further hold the stock to 100% in the future.
XJ Group is a large-scale enterprise in China that integrates power system automation, relay protection and HVDC transmission equipment; XJ Electric, as its listed company, mainly deals with power grids, power generation systems, distribution network products, and power system equipment.
At present, XJ Electric has already begun to produce 0.5S class three-phase smart meters for industrial use. In the second tender in 2011, 17.14% of the total 0.5S class was one of four manufacturers. In the future, as a company owned by the State Grid, XJ Electric has the possibility of exceptional care in smart meter bidding.
In fact, the smart meter is just a power device in the smart grid that the State Grid vigorously promotes. In the future, the electric power shortage problem that is bothering us can be solved by using the smart electricity meter to use the ladder electricity price to relieve some of the peak power consumption.
As of now, the second round of centralized bidding for smart meters in the year of the State Grid has already ended, including several listed companies such as Keyou Electronics, and Keluo Securities’ representative Wen Jing stated to the “Investor Daily†on May 26 as a country. The net smart meter won the bid and the company is producing relevant smart meters in accordance with the state-of-the-art technology standards.
With the acceleration of the procurement process, compared with single-phase smart meters, the advantages of three-phase smart meters with higher gross profit and high-tech content are even more obvious.
Bidding steering: Listed companies dominate On May 5th, the State Grid Corporation's centralized procurement of scale in the second project of the 2011 electric energy meter won the tender and announced that the tender attracted a total of 16.59 million electric meters, compared to the total number of tenders for the first project in 2011. The increase is more than 30%.
In 2011, the first tender of 9.15 million units of single-phase smart meters accounted for 22% of the total tender volume in 2010, and the scale was relatively large. A total of 44 manufacturers won the bid. The top three vendors are Ke Lu Electronics, Jiangsu Lin Yang, and Wasion Group, which accounted for 6.54%, 5.96% and 5.85% respectively.
According to the results of the second round of bidding for the 2011 State Electricity Meter, the total number of smart meters for this tender was 14.25 million. From the standpoint of product splitting, there were 12.55 million single-phase smart meters of the 2S class and 1.47 million three-phase smart meters of the 1S class, 0.5S. There are 129,000 three-phase smart meters and 969 0.2S three-phase smart meters. In addition, there are 2.2 million single-phase ordinary electronic energy meters and 141,000 single-phase AC induction long-life energy meters of the 2S class.
In 2011, the second 2S grade single-phase smart meter had a total of 42 manufacturers winning the bid. Among the top four were Wasion Group, Jiangsu Linyang, Great Wall Development, and Ke Lu Electronics. The first group status of the manufacturers has been basically established.
This compares with 2010, the situation has changed. Judging from the results of the tender in 2010, the industry is highly competitive and there are no obvious advantages. The top three companies are not listed, accounting for about 22% of the total, constituting the first echelon of the market. Listed companies Hao Ning Da and Ke Lu Electronics ranked fifth and seventh respectively.
In the second tendering process in 2011, Hao Ningda's 2S single smart meter scalar quantity was 375,700, which was far lower than the 770,400 of Kelu Electronics, but the 1S three-phase smart meter with higher gross profit rate was Hao Ningda's The number of successful bids was 112,400, slightly higher than the 98,300 of Kelu Electronics.
At the beginning of 2010, the bidding of the State Grid Corporation of China Co., Ltd. adopted the lowest bid, and the overall gross profit rate of the companies in the industry declined significantly. Taking Hao Ningda as an example, the gross profit margin in the three quarters was 26.86%, which was a decrease of 18.64% from 40.50% in 2009. In 2010, under the premise that the entry barrier of smart meters was low, enterprises that focused on subdividing high-end products were more successful in 2011.
According to an insider of the State Grid on May 25, the “Investor Daily†stated that in order to avoid the poor quality of electricity meters and the failure to deliver on time in 2010, the State Grid’s 2011 electricity meter bidding will no longer be the lowest bidder. However, it is based on a combination of factors such as production capacity, quality, delivery on time, and product price in the procurement process in 2010.
The space smart meter of 200 million single-phase smart meters is divided into two categories: smart single-list and three-phase smart meter. Northeast Securities Yang Jiali said that the smart single-phase meter is used for household housing and belongs to the civilian electricity meter; the three-phase smart meter is used for industrial use with a small amount, which is about 1/10 of that for civilian use.
At the end of November 2009, the State Grid announced the smart meter standard, and the first smart meter bidding ended in December of that year. In the first tendering project, the tendered electricity meters were 1S three-phase fee-controlled smart meters and 2S single-phase remote-controlled smart meters. A total of 2,943,400 tenders were issued. Subsequently, the State Grid has increased the number of tenders. In 2010, it completed 4 smart electricity meter tenders and accumulated 45.37 million tenders.
In 2011, the State Grid plans to invite 50 million tenders. As of now, the State Grid has completed two smart meter tenders this year, totaling approximately 28.99 million electric meter tenders, and 58% of planned tenders have been completed.
The State Grid plans to replace 300 million single-phase smart meters between 2010 and 2014, with an average annual output of 60 million. The 2010 and 2011 two-year tender volume will be approximately 100 million, and the State Grid will also purchase large quantities over the next three years. More than once, at least 200 million single-phase smart meters were purchased, and related meter companies still have a lot of room for development.
Ping An Securities believes that with the maturity of the tender system of the State Grid, as the major market, the market competition pattern of the single-phase watch has stabilized, and the top ten companies in the industry can get a share of 45% to 50% each time. The dominant pattern should continue and strengthen.
The insiders of the State Grid told Investor News that with the construction of the smart grid, the technical requirements for related accessory products are getting higher and higher, and the technical level of most of the domestic power distribution companies is not up to standard; the State Grid for faster and safer To promote the construction of smart grids, we can only go back to the upstream equipment industry and formulate relevant technical standards for the smart grid. Holding XJ Electric is one of the representative actions of the State Grid to advance upstream.
On July 17, 2010, the China Electric Power Research Institute under the State Grid Corporation of China entered into the Cooperation Framework Agreement with Ping An Trust Investment Co., Ltd. and Xu Ji Group, and the Chinese Academy of Electric Power has replaced the Ping An Trust as Xu through capital increase and share expansion. Following the group's controlling shareholder, holding 60% of the shares, it is possible to further hold the stock to 100% in the future.
XJ Group is a large-scale enterprise in China that integrates power system automation, relay protection and HVDC transmission equipment; XJ Electric, as its listed company, mainly deals with power grids, power generation systems, distribution network products, and power system equipment.
At present, XJ Electric has already begun to produce 0.5S class three-phase smart meters for industrial use. In the second tender in 2011, 17.14% of the total 0.5S class was one of four manufacturers. In the future, as a company owned by the State Grid, XJ Electric has the possibility of exceptional care in smart meter bidding.