HANGZHOU ZHONGHENG(SZ:002364)2022-12-06 01:46Group 1: Company Overview - Hangzhou Zhongheng Electric Co., Ltd. focuses on two core businesses: power electronics and power application software, which serve as a bridge between equipment manufacturing and power applications [3] - The company has established a new power market division to develop a power trading platform and delve into State Grid's big data business [3] Group 2: Power Trading Insights - The future power trading model will shift from a single model to a more diversified approach, potentially led by government and grid companies [3] - The power trading market is substantial; for instance, Texas invested $650 million in its trading center, indicating that each province in China may require over 200 million yuan for similar setups [3] - The company has a competitive edge due to its 20 years of experience in power software and services, along with a team of top industry experts [3] Group 3: Market Development and Challenges - The current domestic market lacks established trading rules, with regions like Yunnan having more developed frameworks compared to others like Chongqing, which is still in the early stages [4] - The trading platform will include essential modules such as trading clearing software and settlement software, which are critical for operation [3] - The company plans to enhance user acquisition through offline service providers and aims for large-scale promotion in the future [4]