At the close of trading on January 16, Wandet High Voltage and Smart Grid indices increased by 3.09% and 1.33% respectively, and continued to be strong in the A-share market. According to the news, the State Grid Corporation announced that fixed asset investment is expected to reach 4 trillion yuan during the “15th Five-Year Plan” period, an increase of 40% over the “14th Five-Year Plan” investment, further strengthening the development momentum of the power equipment industry. Furthermore, overseas markets such as Europe and the US are currently also speeding up the renewal of electricity infrastructure. Many organizations believe that this will further boost the prosperity of the power equipment industry.

At the close of trading on January 16, Wandet High Voltage and Smart Grid indices increased by 3.09% and 1.33% respectively, and continued to be strong in the A-share market. According to the news, the State Grid Corporation announced that fixed asset investment is expected to reach 4 trillion yuan during the “15th Five-Year Plan” period, an increase of 40% over the “14th Five-Year Plan” investment, further strengthening the development momentum of the power equipment industry. Furthermore, overseas markets such as Europe and the US are currently also speeding up the renewal of electricity infrastructure. Many organizations believe that this will further boost the prosperity of the power equipment industry.