望变电气(603191) - 投资者关系活动记录表

Group 1: Industry Demand and Market Position - The photovoltaic and wind power industries are experiencing rapid installation growth, positively impacting the company's production of distribution and control equipment [2] - The company anticipates stable demand for oriented silicon steel (CGO) over the next 5-10 years, with no expected overcapacity or obsolescence [2] - Domestic demand for oriented silicon steel is strong, with historical order growth in the distribution and transmission sector ranging from 10% to 25% [3] Group 2: Production Capacity and Technological Development - The new 80,000-ton high magnetic induction oriented silicon steel project aims for medium to high-grade products, with actual output determining the specific grades [3] - The company has nearly 20 R&D personnel and collaborates with several universities and research centers for joint development [3] - The company is in a leading position among private enterprises in the production of oriented silicon steel, having launched its production line in 2017 [4] Group 3: Competitive Landscape - The company's technology has room for improvement compared to Baowu and Shougang, which have extensive experience and higher proportions of high-grade oriented silicon steel production [3] - Baowu and Shougang have been in the oriented silicon steel sector for decades and nearly ten years, respectively, indicating a competitive edge in full-process production [3]