Power Grid Equipment: Core Companies Overview (with List)

English summary

### Power Grid Equipment: Core Companies Overview (with List) Time: 2026-07-29 17:29:41 Content: Power grid equipment is a collective term for electrical equipment required in the transmission, transformation, and distribution segments of electric power. It is divided into primary equipment and secondary equipment; primary equipment handles power conversion and transmission, while secondary equipment is responsible for monitoring, protection, and dispatch control. They form the hardware foundation for building the power grid and supporting the operation of the new power system. Related companies in power grid equipment: TBEA: The company's main businesses include power transmission and transformation, new energy, energy, and new materials. It is a leading transformer manufacturer in China, with leading market share in UHV transformers and reactors. In 2025, revenue was RMB 97.32 billion, up -0.60% YoY; net profit was RMB 5.954 billion, up 43.69% YoY. Among this, transformer revenue was RMB 26.76 billion, accounting for 27.52%. China XD Electric: The company is a central SOE with the strongest complete-set capability in domestic power transmission and distribution primary equipment. Its products cover all voltage levels and it has independent R&D capability for solid-state transformers. In 2025, revenue was RMB 23.81 billion, up 6.88% YoY; ...