Zheng Quan Shi Bao Wang·2025-08-04 00:13Core Viewpoint - AI is expected to significantly drive global electricity demand growth, with power consumption in data centers projected to more than double by 2030 [1] Group 1: Industry Trends - Major overseas companies are raising their capital expenditure expectations, maintaining high investments in the AI sector [1] - The demand for electricity transmission and distribution equipment is rapidly increasing, while supply remains generally tight [1] Group 2: Opportunities for Chinese Manufacturers - Chinese power equipment manufacturers are poised for growth, with a sustained high level of exports for primary equipment since 2022 [1] - In the first half of 2025, the export growth rate for power transformers is expected to exceed 40% year-on-year, continuing the trend of high growth [1] - Ongoing high capital expenditures related to AIDC from overseas companies will lead to increased orders for domestic leading electrical equipment manufacturers, with potential for continued incremental growth [1]