手持订单情况良好 中国低压电器出口有望突破225亿美元

Group 1: Company Performance - Zhejiang Chint Electric Co., Ltd. reported stable growth in low-voltage component channel business in core European markets, particularly in Southern Europe, including Italy, Spain, and Turkey, while also establishing new growth curves in Germany and France [1] - In the Asia-Pacific growth market, Chint Electric achieved rapid growth in the ASEAN economic circle centered around Singapore, including Malaysia, Indonesia, Vietnam, and the Philippines [1] - The company is also focusing on emerging markets in West Asia and Africa, leveraging development momentum in Gulf countries, with dual headquarters in Saudi Arabia and Dubai [1] Group 2: Industry Trends - The Chinese low-voltage electrical industry is experiencing a steady increase in exports, with a total export value of $7.82 billion in the first four months of the year, representing a year-on-year growth of 15.9% [2] - The export market is characterized by the rise of emerging markets and the differentiation of traditional markets, with significant growth in exports to Vietnam, which reached $740 million, a 40% increase year-on-year [2] - Exports to traditional markets like the U.S. are facing challenges due to tense trade relations, but companies are actively exploring diversified markets to mitigate impacts from tariff adjustments [2][3] Group 3: Product Export Structure - Connectors, which account for a significant portion of China's low-voltage electrical exports, saw a year-on-year growth of 24.9%, with exports totaling $3.76 billion in the first four months [3] - The export of automatic circuit breakers reached $530 million, reflecting a year-on-year increase of 14.8%, with major destinations including Russia, Brazil, Singapore, Turkey, the UK, and Vietnam [3] - Other circuit protection devices, such as residual current devices, also experienced growth, with exports amounting to $320 million, a 4.2% increase year-on-year [3] Group 4: Future Outlook - The future development of the Chinese low-voltage electrical industry is expected to focus on smart and green technologies, with emerging market expansion being a key strategy for overseas diversification [4] - The China Chamber of Commerce for Import and Export of Machinery and Electronic Products forecasts that the total export value of the low-voltage electrical industry will exceed $22.5 billion in 2025, with a year-on-year growth of 10% to 15% [4] - The second and third quarters are anticipated to maintain an export growth rate of 10% to 13%, supported by a strong order backlog, particularly from emerging markets [4]