| In the mid November, 2009, State Grid Corporation of | | | | Electronics Co., Ltd. takes a leading position in the |
| China released the centralized bidding plan for the first | | | | single-phase ammeter industry. Besides, Hangzhou |
| group of intelligent ammeters. In the past, the bidding of | | | | PAX Electronic Technology Co., Ltd, Wasion Group |
| ammeters is the independent bidding by provincial grid | | | | and Hangzhou Xili Watthour Meter Manufacture Co., |
| companies. This is the first centralized bidding for | | | | Ltd also occupy over 10% of market shares |
| ammeters by State Grid Corporation of China. The | | | | respectively. |
| bidding is uniformly organized by State Grid | | | | There are 11 successful bidding enterprises of |
| Corporation of China and implemented by provincial | | | | three-phase ammeters. The number is lower than that |
| grid companies. | | | | of single-phase ammeters but the concentration is |
| The bidding consists of 2.94 million ammeters, including | | | | higher. In the ammeter industry, the threshold of the |
| 2.68 million single-phase ammeters (91%) and 260,000 | | | | three-phase ammeter sector is higher than that of the |
| three-phase ammeters (9%). The bidding value of | | | | single-phase ammeter sector, so there are less |
| these ammeters totals about RMB 700 million (USD | | | | three-phase ammeter enterprises. All the market |
| 102.6 million). 12 provinces are engaged in the | | | | shares of the Top 4 enterprises in the bidding are |
| centralized bidding. Zhejiang and Shandong are the | | | | more than 10%. They are Yantai Dongfang Weisidun |
| two leading provinces with the bidding proportion of | | | | Electric Co., Ltd, Hangzhou PAX Electronic Technology |
| 33% and 30% separately. | | | | Co., Ltd, Ningbo Sanxing Electric Co., Ltd and Shenzhen |
| The centralized bidding result of ammeters of State | | | | Haoningda Electronic Meters Manufacturing Co., Ltd. In |
| Grid Corporation of China was released on December | | | | 2010, the number of ammeters in the centralized |
| 22nd, 2009. There are 23 successful bidding | | | | bidding by State Grid Corporation of China will be |
| enterprises – 16 are single-phase ammeter ones | | | | raised greatly, leading to the considerable increase in |
| and 11 are three-phase ammeter ones. In the past, | | | | the total bidding value. In 2010, the investment in |
| there were nearly 2,000 ammeter manufacturers in | | | | ammeters by State Grid Corporation of China will |
| China, leading to the low ammeter market | | | | exceed RMB 10 billion, more than RMB 5 billion of |
| concentration. However, according to the number of | | | | which will be used for the centralized bidding. |
| successful bidding enterprises, the concentration is | | | | The development of Chinese intelligent grid will also |
| improved significantly. Moreover, only a small number | | | | greatly stimulate the growth in the ammeter industry. |
| of enterprises win the bidding because of the small | | | | For more information please visit: |
| bidding scale. | | | | Contacts: |
| There are 16 successful bidding enterprises of | | | | Eileen Gu |
| single-phase ammeters. The market concentration is | | | | Sales Manager |
| higher than the expectation. Jiangsu Linyang Electronics | | | | China Research and Intelligence |
| Co., Ltd. still ranks the first among these enterprises | | | | Email: TEL: 86-21-6852-1029 ext.601 |
| with the successful bidding number of 380,000, | | | | 86-21-6150-9706 |
| accounting for 14.6%. In recent years, Jiangsu Linyang | | | | FAX: 86-21-6852-1029 ext. |