Changgao Electric New

Changgao Electric New (002452.SZ) announced on December 8, 2023, that its subsidiary Hunan Changgao Senyuan Electric Power Equipment will invest approximately 212 million yuan to build the Changgao Green Smart Distribution Industrial Park. The park will include production lines for transformers, vacuum circuit breakers, and other equipment.

Four wholly-owned subsidiaries of Changgao Electric New (002452.SZ) won bids totaling 1.23 billion RMB in State Grid Corporation of China's 2022 42nd procurement for transmission and transformation projects. The subsidiaries will supply combined electrical apparatus, disconnectors, and switchgear.