Source: Sina Finance

With the advancement of China's "dual carbon" policy, the demand for ultra-high voltage transformers and high-efficiency distribution transformers in China has been continuously increasing. The rapid development of new energy industries such as wind power and photovoltaic power has driven the rapid growth in the demand for oriented electrical steel. The market increment space for oriented silicon steel objectively exists: Firstly, the new national standard GB-20052 "Minimum Energy Efficiency Limits and Energy Efficiency Grades for Power Transformers" was released, raising the energy efficiency standards for new energy transformers such as wind power and photovoltaic power, and increasing the demand for high-grade products; Second, the state has issued the "Guiding Opinions on High-Quality Development of Distribution Networks under the New Situation" policy, accelerating the renewal and transformation of old and high-energy-consuming equipment and facilities. After the transformation, they must reach the energy efficiency and energy-saving level, and strive to reach the advanced energy efficiency level. Thirdly, the energy efficiency upgrade in Europe and America, along with the insufficient domestic manufacturing capacity, is beneficial for the export of high-grade oriented electrical steel products. It is expected that the demand for high-grade products will continue to increase in the coming years, and the supply and demand will be in a tight balance stage.

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