Yang Shi Wang·2025-09-12 06:00Core Insights - The Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration released the "Power Equipment Industry Steady Growth Work Plan (2025-2026)" aiming for a reasonable growth target in the sector [1] - The plan targets an average annual revenue growth rate of around 6% for traditional power equipment and a steady increase in revenue for new energy equipment, with an emphasis on boosting exports [1] - The plan emphasizes "demand-driven, quality-oriented, structural optimization, and safety control" as its core principles, identifying new growth points and accelerating the construction of key projects [1] Industry Growth Targets - The plan aims for an average annual revenue growth rate of 7% for national advanced manufacturing clusters in the power equipment sector and 10% for leading enterprises [1] - Specific projects highlighted include the "Shagehuang" new energy base, integrated wind-solar-water bases, and ultra-high voltage power transmission channels [1] International Cooperation - The plan encourages deepening cooperation with emerging market countries across the entire industrial chain in wind power, photovoltaics, and energy storage [1] - It promotes organized overseas expansion for energy development companies, equipment manufacturers, and financial institutions, as well as encouraging component manufacturers to integrate into global supply chains [1] Market Reaction - Following the policy announcement, the power equipment sector saw a rise in stock prices, with companies like Kehua Data and Wolong Electric Drive reaching their daily limit up, and others like Weili Transmission and Electric Wind Power increasing by over 5% [2]