Domestic and international power infrastructure upgrades are helping to sustain the continuous high prosperity of the power equipment industry.

On January 16th, at the close of trading, the State Grid Corporation's special high-voltage and smart grid indexes increased by 3.09% and 1.33% respectively, continuing to show strength in the A-share market. On the news front, the State Grid Corporation announced that fixed asset investment during the "15th Five-Year Plan" period is expected to reach 4 trillion yuan, a 40% increase from the "14th Five-Year Plan," further boosting confidence in the development of the electric power equipment industry. In addition, overseas markets such as Europe and the United States are also accelerating the upgrade of their power infrastructure. Many institutions believe that this will further enhance the prosperity of the electric power equipment industry.