电气设备主要包括以下三个子行业：输变电设备行业，电源设备行业以及电气自控设备行业。

　　其中，输变电设备主要用于电网建设。2007年中国电网建设投资2451.4亿元，新增220千伏及以上输电线路回路长度4.15万公里，变电设备容量18848万KVA。2008年1~4月份，全国电力工业完成投资总额1317.22亿元，其中电网建设投资为552.9 亿元，占投资总额的42%。

　　2008年到2010年间，传统发电设备行业增速将进一步下滑，火电机组占装机比例将于08年底下降至72%左右，水电、风电和核电等清洁能源设备有望迎接发展良机，尤其是核电与风电的快速发展，预计2008 年核电和风电累计装机容量将达1300万千瓦和900万千瓦；新能源的快速发展将为发电设备行业带来新的动力。

　　《2000-2008年中国电气设备行业投资方向研究报告》分析的是电气设备行业的37家上市公司2000－2008年的所有投资项目，总结该行业的投资趋势，以及各企业的投资特点和投资趋势。

　　从上市公司2001－2007年公开的项目投资来看，2001－2005年的投资比较平稳。2006－2007年迅速增加，从2001年的20多亿元上升到2007年的160多亿元。

　　从分省市统计的投资分布图来看，四川和河北遥遥领先于其他省市，两者合计超过全国投资额的一半。

　　我们分析了37家上市公司，譬如天威保变。该公司近年来主要投资于太阳能、风能等新兴能源行业。从历年项目投资数据来看，主要以非募集投资为主。天威保变的项目投资在06年和07年剧增，其余年份相对较少，03年绝对数额较少，形成明显谷底。投资地区比较分散，主要投向华北地区，西南、华东、西北等地区也都有投资。

　　说明：我们统计了自2000年1月1日以来， 中国1500多家上市公司公开发布的35000多条募集资金和非募集资金的投资项目信息。我们对所有这些投资项目，分别按时间、按地区、按投资目的、按投资行业分类，经过软件处理和分析师加工，最后形成了各行业的投资方向分析报告。

　　客户在购买本报告时，我们可以将数据更新到最近的一个季度。

Electrical equipment mainly concludes the following three sectors, power transformer equipment sector, power equipment sector and electrical automatic control equipment sector.

Power transformer equipment is mainly used for power grid construction. China’s investment in power grid construction reached CNY245.14 billion in 2007, in which the newly-added circuit length of 220 KV and above transmission line was 41,500 km and the capacity of power transformation equipment was 188.48 million KVA. China’s investment in power industry totaled CNY131.72 billion in the first four months of 2008, of which CNY55.29 billion were for power grid construction, accounting for 42% of the total.

The growth margin of traditional generating equipment industry will further slow down in the period 2008 to 2010, and the ratio of installed capacity of coal-fired power generating units will drop to about 72% of the national total in the end of 2008. Clean energy equipment like hydropower, wind power and nuclear power is expected to have a good opportunity for development, especially the development of nuclear power and wind power.

It is forecasted that the accumulative installed capacity of nuclear power and wind power will reach 13 million and 9 million kw respectively this year. Meanwhile, the rapid development of new energy will provide a new impetus to the development of power generating equipment industry.

The report makes an in-depth study and analysis on all investment projects financed by 37 listed companies in China’s electrical equipment industry from 2000 to 2008, and also makes a summary on investment trend of China’s electrical equipment industry and investment characteristics and trend of the companies.

From the perspective of all investment projects released by the listed companies in the period 2001 to 2007, their investment was steady in the period, and then it picked up the pace of growth in 2006 to 2007, jumping to CNY16 billion in 2007 from CNY2 billion posted in 2000.

Annual Investment of China Listed Electrical Equipment Companies 2000-2008
 

Seen from the investment distribution by region, Sichuan Province and Hebei Province were far ahead of others, and the combined investment exceeded half of the national total.

Investment Distribution of Listed Companies By Region, 2000-1H2008
 
Source: ResearchInChina

The report makes an in-depth analysis on the 37 listed companies, like Baoding Tianwei Baobian Electric Co., Ltd, which has mainly invested in new energy, like solar energy and wind energy, in recent years. Seen from the investment statistics in the past seven years, its projects were financed mainly by non fund raising and its investment rose sharply in 2006 and 2007, while that in the other years was relatively small, particularly in 2003. Its investment is scattered, mainly in North China, while other regions like Southwest, East China, and Northwest have also its investment.

Annual Investment of Tianwei Baodian, 2000-2008
 
Source: ResearchInChina

Investment Distribution of Tianwei Baobian by Segments, 2000-2008

Source: ResearchInChina

Notes:
We have a collection of more than 35,000 pieces of information, released by 1,500 Chinese listed companied, on investment projects financed by fund raising and non fund raising since 2000. After the information is processed by software and studied by analysts, the investment direction report concerning various industries is completed, which is classified by time, region (province, autonomous region and municipality), by purpose and by sector.

We can update the data in the report to the most recent quarter, when the report is purchased.

第一章 电气设备行业投资方向分析
1.1 电气设备行业概况
1.2 电气设备行业的项目投资特点

第二章  电气自控设备上市公司投资方向分析
2.1 时代科技的投资项目分析
2.1.1 投资方向分析
2.1.2 投资特点分析
2.2 *ST阿继的投资项目分析
2.2.1 投资方向分析
2.2.2 投资特点分析
2.3 威尔泰的投资项目分析
2.3.1 投资方向分析
2.3.2 投资特点分析
2.4 金智科技的投资项目分析
2.4.1 投资方向分析
2.4.2 投资特点分析
2.5 国电南瑞的投资项目分析
2.5.1 投资方向分析
2.5.2 投资特点分析
2.6 许继电气的投资项目分析
2.6.1 投资方向分析
2.6.2 投资特点分析
2.7 科陆电子的投资项目分析
2.7.1 投资方向分析
2.7.2 投资特点分析
2.8 智光电气的投资项目分析
2.8.1 投资方向分析
2.8.2 投资特点分析
2.9 国电南自的投资项目分析
2.9.1 投资方向分析
2.9.2 投资特点分析
2.10 万力达的投资项目分析
2.10.1 投资方向分析
2.10.2 投资特点分析
2.11 海得控制的投资项目分析
2.11.1 投资方向分析
2.11.2 投资特点分析
2.12 荣信股份的投资项目分析
2.12.1 投资方向分析
2.12.2 投资特点分析
2.13 东源电器的投资项目分析
2.13.1 投资方向分析
2.13.2 投资特点分析
2.14 华立科技的投资项目分析
2.14.1 投资方向分析
2.14.2 投资特点分析

第三章  电源设备上市公司投资方向分析
3.1 华光股份的投资项目分析
3.1.1 投资方向分析
3.1.2 投资特点分析
3.2 华仪电气的投资项目分析
3.2.1 投资方向分析
3.2.2 投资特点分析
3.3 东方电气的投资项目分析
3.3.1 投资方向分析
3.3.2 投资特点分析
3.4 银星能源的投资项目分析
3.4.1 投资方向分析
3.4.2 投资特点分析
3.5 哈空调的投资项目分析
3.5.1 投资方向分析
3.5.2 投资特点分析

第四章 输变电设备上市公司投资方向分析
4.1 特变电工的投资项目分析
4.1.1 投资方向分析
4.1.2 投资特点分析
4.2 三变科技的投资项目分析
4.2.1 投资方向分析
4.2.2 投资特点分析
4.3 旭光股份的投资项目分析
4.3.1 投资方向分析
4.3.2 投资特点分析
4.4 平高电气的投资项目分析
4.4.1 投资方向分析
4.4.2 投资特点分析
4.5 东北电气的投资项目分析
4.5.1 投资方向分析
4.5.2 投资特点分析
4.6 思源电气的投资项目分析
4.6.1 投资方向分析
4.6.2 投资特点分析
4.7 置信电气的投资项目分析
4.7.1 投资方向分析
4.7.2 投资特点分析
4.8 长征电气的投资项目分析
4.8.1 投资方向分析
4.8.2 投资特点分析
4.9 长城电工的投资项目分析
4.9.1 投资方向分析
4.9.2 投资特点分析
4.10 五洲明珠的投资项目分析
4.10.1 投资方向分析
4.10.2 投资特点分析
4.11 宝光股份的投资项目分析
4.11.1 投资方向分析
4.11.2 投资特点分析
4.12 百利电气的投资项目分析
4.12.1 投资方向分析
4.12.2 投资特点分析
4.13 南洋股份的投资项目分析
4.13.1 投资方向分析
4.13.2 投资特点分析
4.14 天威保变的投资项目分析
4.14.1 投资方向分析
4.14.2 投资特点分析
4.15 上电股份的投资项目分析
4.15.1 投资方向分析
4.15.2 投资特点分析
4.16 宝胜股份的投资项目分析
4.16.1 投资方向分析
4.16.2 投资特点分析
4.17 深圳惠程的投资项目分析
4.17.1 投资方向分析
4.17.2 投资特点分析
4.18 万家乐的投资项目分析
4.18.1 投资方向分析
4.18.2 投资特点分析

1. Investment Direction of Electrical Equipment Industry
1.1 Overview of Electrical Equipment Industry
1.2 Investment Characteristics

2. Listed Companies of Electrical Automatic Control Equipment
2.1 Inner Mongolia Time Technologies Co., Ltd
2.1.1 Investment Direction
2.1.2 Investment Characteristics
2.2 Acheng Relay Co., Ltd
2.2.1 Investment Direction
2.2.2 Investment Characteristics
2.3 Shanghai Welltech Automation Co., Ltd
2.3.1 Investment Direction
2.3.2 Investment Characteristics
2.4 Wiscom System Co., Ltd
2.4.1 Investment Direction
2.4.2 Investment Characteristics
2.5 Nari Technology Development Co., Ltd
2.5.1 Investment Direction
2.5.2 Investment Characteristics
2.6 XJ Electric Co., Ltd
2.6.1 Investment Direction
2.6.2 Investment Characteristics
2.7 Shenzhen Clou Electronics Co., Ltd
2.7.1 Investment Direction
2.7.2 Investment Characteristics
2.8 Guangzhou Zhiguang Electric Co., Ltd
2.8.1 Investment Direction
2.8.2 Investment Characteristics
2.9 Guodian Nanjing Automation Co., Ltd
2.9.1 Investment Direction
2.9.2 Investment Characteristics
2.10 Zhuhai Wanlida Electric Co., Ltd
2.10.1 Investment Direction
2.10.2 Investment Characteristics
2.11 Shanghai Hi-tech Control System Co., Ltd
2.11.1 Investment Direction
2.11.2 Investment Characteristics
2.12 Rongxin Power Electronic Co., Ltd
2.12.1 Investment Direction
2.12.2 Investment Characteristics
2.13 Jiangsu Dongyuan Electrical Group Co., Ltd
2.13.1 Investment Direction
2.13.2 Investment Characteristics
2.14 Zhejiang Holley Technology Co., Ltd
2.14.1 Investment Direction
2.14.2 Investment Characteristics

3. Listed Companies of Power Equipment
3.1 Wuxi Huaguang Boiler Co., Ltd
3.1.1 Investment Direction
3.1.2 Investment Characteristics
3.2 Huayi Electric Company Limited
3.2.1 Investment Direction
3.2.2 Investment Characteristics
3.3 Dongfang Electric Corporation
3.3.1 Investment Direction
3.3.2 Investment Characteristics
3.4 Ningxia Yinxing Energy Co., Ltd
3.4.1 Investment Direction
3.4.2 Investment Characteristics
3.5 Harbin Air Conditioning Co., Ltd
3.5.1 Investment Direction
3.5.2 Investment Characteristics

4. Listed Companies of Power Transformer Equipment
4.1 Tebian Electric Apparatus Stock Co., Ltd
4.1.1 Investment Direction
4.1.2 Investment Characteristics
4.2 Sanbian Sci-tech Co., Ltd
4.2.1 Investment Direction
4.2.2 Investment Characteristics
4.3 Chengdu Xuguang Electronics Co., Ltd
4.3.1 Investment Direction
4.3.2 Investment Characteristics
4.4 Henan Pinggao Electric Co., Ltd
4.4.1 Investment Direction
4.4.2 Investment Characteristics
4.5 Northeast Electric Development Co., Ltd
4.5.1 Investment Direction
4.5.2 Investment Characteristics
4.6 Shanghai Siyuan Electric Co., Ltd
4.6.1 Investment Direction
4.6.2 Investment Characteristics
4.7 Shanghai Zhixin Electric Co., Ltd
4.7.1 Investment Direction
4.7.2 Investment Characteristics
4.8 Guizhou Changzheng Electric Co., Ltd
4.8.1 Investment Direction
4.8.2 Investment Characteristics
4.9 Lanzhou Great Wall Electrical Co., Ltd
4.9.1 Investment Direction
4.9.2 Investment Characteristics
4.10 Wuzhou Minovo Co., Ltd
4.10.1 Investment Direction
4.10.2 Investment Characteristics
4.11 Shaanxi Baoguang Vacuum Electronic Apparatus Co., Ltd
4.11.1 Investment Direction
4.11.2 Investment Characteristics
4.12 Tianjin Benefo Tejing Electric Co., Ltd
4.12.1 Investment Direction
4.12.2 Investment Characteristics
4.13 Guangdong Nanyang Cable Group Holding Co., Ltd
4.13.1 Investment Direction
4.13.2 Investment Characteristics
4.14 Baoding Tianwei Baobian Electric Co., Ltd
4.14.1 Investment Direction
4.14.2 Investment Characteristics
4.15 Shanghai Power Transmission & Distribution Co., Ltd
4.15.1 Investment Direction
4.15.2 Investment Characteristics
4.16 Baosheng Science and Technology Innovation Co., Ltd
4.16.1 Investment Direction
4.16.2 Investment Characteristics
4.17 Shenzhen Hifuture Electric Co., Ltd
4.17.1 Investment Direction
4.17.2 Investment Characteristics
4.18 Guangdong Macro Co., Ltd
4.18.1 Investment Direction
4.18.2 Investment Characteristics