EAGLERISE(CHINA)(SZ:002922) 市值风云·2026-01-28 10:13Core Viewpoint - The article discusses the growing demand for transformers driven by the expansion of AI capabilities and the need for electrical grid upgrades, particularly in the US, China, and Europe [4]. Industry Summary - The global transformer demand is experiencing a surge, largely attributed to the current AI boom, which is seen as a critical factor for expansion in this sector [4]. - There is a significant issue of "overdue service" in the electrical grids of Europe and the US, with 60% of global transformer production capacity concentrated in China. This supply-demand dynamic creates favorable conditions for leading domestic companies to expand internationally [5]. - Reports indicate that transformer manufacturers are experiencing a "surge in orders," with many companies reporting full order books and leading firms accelerating their overseas production capacity [5]. Company Summary - Companies like TBEA (600089.SH) and Jinpan Technology (688676.SH) are noted for their comprehensive industry coverage and leading positions in specific segments, respectively. Igor (002922.SZ) stands out for its strategic advantage in global capacity, particularly in North America, and its manufacturing model that is closely tied to major clients [7]. - Igor has seen a significant increase in data center orders, with a reported growth of 400% [7].