# Henan Yubian Electric starts construction of energy-saving transformer plant

Henan Yubian Electric Co., Ltd. held a groundbreaking ceremony on 23 August 2023 for a new plant in Huixian Economic and Technological Development Zone, with an annual capacity of 20,000 energy-saving power transformers and a total investment of RMB 250 million.

- Type: New facility
- Announced: 2023-08-23
- Where: Huixian Economic and Technological Development Zone, Henan, China
- Value: $35.0M (250.0M CNY)
- Status: under construction
- Capacity: 20,000 units per year
- Products: energy-saving power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Henan Yubian Electric](https://endata.com/companies/82003.md)

## Sources

- [ybelectrician.com](https://www.ybelectrician.com/news_details/4.html), 2024-12-25: "On August 23.2023,the groundbreaking ceremony of Henan Yubian Power Industry's annual energy-saving power transformer project with an annual output of 20,000 units was held in the Jinggong Industrial Park of Huixian Economic and Technological Development Zone."

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