It is understood that China, as the world's second largest power market, has maintained a sustained growth in the country's installed power generation capacity and total power generation capacity in recent years, but China's power supply is still tense for a long time. The reason is that the insufficient installed capacity of power generation is an important reason, while the construction of power grid lags behind. At present, China's weak power grid structure, insufficient capacity and aging problems are prominent. Increasing investment in power transmission and distribution is the focus of China's power investment policy. As the core component of power transmission and transformation equipment, the iron tower undoubtedly has great development space.
"Iron tower manufacturing" refers to the production activities of manufacturing products for power generation, communication, transportation, building decoration and other fields with iron, steel and other metals as the main materials. According to the length of new transmission lines in China from 2009 to 2015, it is estimated that the demand for power towers in China will be about 3.6 million tons in 2010, more than 4 million tons in 2012 and about 5 million tons in 2015. From 2010 to 2015, the average annual composite growth rate of the national power tower demand reached 6.7%.
At the same time, the demand for iron towers in the international market is also very promising: it is expected that the average annual demand of the international transmission line tower market will increase from 15 million tons in 2009 to about 20 million tons in 2015. From 2008 to 2018, the total annual demand of the international communication tower market will increase from the current 3.5 million tons to about 5 million tons.
Highlight the leading position in the industry
The period from 2010 to 2012 will be the golden construction period of UHV in China. It is estimated that the investment in UHV power grid will reach about 100 billion yuan, which will further drive the demand for tower products. At present, there are about 600 enterprises that have obtained the production license of iron tower products in the country, but there are about 20 enterprises that have obtained the production qualification of ultra-high voltage iron tower products, among which Fengfan shares occupy a leading position.
From the perspective of product composition, the 1000KV and below transmission line tower and transformer structure support produced by Fengfan Co., Ltd. has the national industrial product production license for 750KV transmission line tower issued by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China, which is the current domestic high voltage transmission line tower production license. The 1000KV transmission line tower and 1000KV steel pipe tower produced by the company have been certified by the Electric Energy (Beijing) Product Certification Center Co., Ltd., and are one of the few tower manufacturers in China that can simultaneously produce 1000KV transmission line tower and 1000KV substation support. From 2005 to now, the number of winning bids for unified scale procurement of State Grid Corporation of China, Fengfan has obvious advantages over other companies in the same industry: from 2005 to 2009, the company was the only tower manufacturer that ranked in the top three in the number of winning bids every year, and ranked first in 2006 and 2009; It ranked second in 2007 and 2008. From 2007 to 2009, Fengfan Co., Ltd. was the only iron tower manufacturer with the number of angle steel tower and steel pipe tower in the top five. In 2009, the company's benchmark volume reached 103400 tons, with a market share of 5.63%, ranking first in the industry.