State Council Executive Meeting Calls for High-Quality Construction of New Power Grids, Related Sectors and Stocks

English summary

### State Council Executive Meeting Calls for High-Quality Construction of New Power Grids, Related Sectors and Stocks Time: 2026-08-01 16:09:02 Content: The State Council executive meeting set the tone for high-quality construction of new power grids. Core directions: strengthening the UHV backbone grid, promoting intelligent transformation of distribution networks, digital dispatching of power grids, flexible power electronics, supporting energy storage, and coordination of main grid, distribution grid, and microgrids, adapting to large-scale new energy grid integration. Sorted targets and simple logic by sector: 1. UHV primary equipment (backbone grid, strong order certainty) TBEA: Global leader in power transmission and transformation, core supplier of UHV converter transformers, deeply involved in multiple DC channels; also deploys new energy power stations + overseas transmission and transformation EPC, benefiting from domestic UHV construction and overseas power grid construction. China XD Electric: Central enterprise platform, one of the few domestic enterprises with full set of AC/DC UHV primary equipment supply capabilities, GIS and transformers widely used in UHV AC lines. ...