中国能源转型-看好中国电力设备：内外贸业务共同驱动 EPS 大幅上行-China Energy Transition-Buy China Power Equipment Strong EPS upside from domestic and export business

ab 13 March 2026 Global Research China Energy Transition Buy China Power Equipment: Strong EPS upside from domestic and export business We raise our earnings and price targets; maintain high conviction We roll forward our valuation to 2027E and lift our price targets 25-30%. We raise our 2027E target PE, as we believe domestic gas turbine OEMs could re-rate toward international players as they start entering the global power equipment supply chain. We also raise our earnings estimates 10-20% by assuming gas ...