Core Viewpoint - The "Power Equipment Industry Stabilization Growth Work Plan (2025-2026)" aims for an average revenue growth rate of around 6% for traditional power equipment and approximately 10% for leading enterprises by 2026, highlighting significant opportunities in the power equipment sector due to both stock renovation and incremental market expansion [1][10][11]. Summary by Sections Revenue Growth Targets - Traditional power equipment is expected to maintain an average revenue growth rate of about 6% [10] - New energy equipment revenue is projected to steadily increase [10] - Leading enterprises in the sector are targeted for an average revenue growth rate of around 10% [10] Market Opportunities - The power equipment sector has a vast stock renovation market and a broad incremental market space, particularly in areas like transmission and distribution equipment [1][12] - The demand for intelligent transmission and distribution equipment is anticipated to grow steadily due to the expansion of cross-province and cross-region transmission capabilities [12] Key Measures - The plan outlines eight specific measures focusing on supply-side, demand-side, and environmental aspects to stabilize growth [7][8] - Emphasis on improving equipment supply quality and expanding domestic demand through major energy projects [8][11] - Encouragement of international market expansion and collaboration with emerging markets [8][11] Industry Development Environment - The plan aims to enhance the industry development environment by promoting self-discipline and healthy competition within the power equipment sector [5][8] - It includes the establishment of industry standards to improve equipment quality and facilitate large-scale equipment updates [5][8] Technological Advancements - The integration of new generation information technology with power equipment is encouraged to promote green and intelligent upgrades [5][12] - The focus on digital transformation is seen as crucial for enhancing research and development capabilities and operational efficiency within the industry [12]