# TBEA Hengyang Transformer to invest CNY 553M in digital factory

TBEA Hengyang Transformer, a subsidiary of TBEA, will invest CNY 553 million to build a new digital factory for high-end distribution transformers in Hengyang, China. The facility will produce 13,500 units annually including wind turbine transformers and amorphous alloy transformers.

- Type: Investment
- Announced: 2022-11-07
- Where: Hengyang, Hunan, China
- Value: $77.0M (553.0M CNY)
- Status: announced
- Capacity: 13,500 units per year, 2,270 MVA additional capacity
- Products: distribution transformers, wind turbine transformers, amorphous alloy transformers, new energy box-type substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [TBEA Hengyang Transformer](https://endata.com/companies/43763.md)
- [TBEA](https://endata.com/companies/3835.md) (investor)

## Sources

- [byqsc.net](https://www.byqsc.net/news/show-11290.html), 2022-11-07: "为了抢抓双碳目标下'能耗管控、能效提升'的发展机遇以及配网快速建设的机遇，提升公司配变生产能力及车间自动化生产水平。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.