East China CNC: Accelerating the pace of entering the new energy industry

In the development of new markets, East China CNC has been outstanding performance.

After securing the top spot of the domestic high-speed railway “Bo-track rail plate special CNC grinding machine”, the East China Numerical Control (CNC) entered the new energy industry at a rapid pace. For the new energy industry, East China NC has locked three targets: photovoltaic power generation, wind power, respectively. With the nuclear power industry, a series of actions at present shows that East China CNC is accelerating its progress in these three target areas.

East China CNC recently announced that it plans to inject capital of 10 million yuan to set up a wholly-owned subsidiary Weihai Huadong Power Co., Ltd. (tentative name) in Weihai City, Shandong Province, to undertake the main business of Weihai Huadian Electric Co., Ltd. and continue to carry out the key to photovoltaic power generation. Conversion equipment production and operation and other existing related electronic products business.

In other words, the newly established East China Power is planned to undertake the cooperation project of the PV System Engineering Research Center of the Ministry of Education jointly sponsored by Weihai Huadian Electric Co., Ltd., a wholly-owned subsidiary of East China Numerical Control, and Hefei University of Technology, and will implement appropriate equity and asset integration.

According to the announcement, East China Energy's production and business scope includes R&D, production and sales of solar photovoltaic grid-connected inverters, off-grid inverters, power inverters, various controllers, LED power supplies, encoders, electronic ballasts, and high voltages. Inverters, various power savers; undertake various solar photovoltaic system projects; solar cells, batteries, chargers.

Business diversification will enhance the company's ability to resist risks. According to the analysis, the main business of East China Power took over the business of Weihai Huadian Electric Co., Ltd., a wholly-owned subsidiary of East China Numerical Control, and the current asset integration will enable the rapid development of the original business of Huadian Electric and the deployment of photovoltaic industry companies in CNC. The technical advantages in the field of machine tools foster new profit growth points, enhance the company's ability to resist risks, and lay a good foundation for the long-term development of the company; on the other hand, the diversification of the business also involves the management of the company's various businesses, staffing, etc. Make higher demands.

East China CNC's efforts in the field of new energy began at the beginning of this year. According to public information, Huadong Electric, a wholly-owned subsidiary of Huadong CNC, cooperated with Hefei University of Technology in March to kick off the prelude to NC’s entry into the field of new energy.

The Photovoltaic System Engineering Research Center of the Ministry of Education of Hefei University of Technology is the only national photovoltaic system research institution. It has been at the forefront of China and even the world in the core technology field of new energy power generation. It is the only company in China that has specialized in the application of photovoltaic systems. The national-level important scientific research, achievement transformation, talent cultivation base. China Huadian Electric is the industrialization base of the Photovoltaic System Engineering Research Center of the Ministry of Education. It is reported that the total investment of the industrialized base project is 90 million yuan, and the annual sales income will reach 200 million yuan.

In addition to photovoltaic power generation, Huadong CNC will also aim at the wind power and nuclear power industries. As early as last year, Huadong CNC planned to build a factory for heavy machine tool production in the east of the Weihai Economic Development Zone, Huadong Heavy Industry. In the new factory, a wind power production line was planned according to European standards, mainly producing 1.5 to 5 MW. The main components of wind power. According to the person in charge of CNC China, the strategic goal of Huadong CNC is to prepare to transfer the current simple CNC machine tool manufacturing to large-scale and heavy-duty machine tools; on the other hand, it must transfer to the power industry, such as electricity, and prepare to make a transition to the large and heavy machine tool market. Wind power, nuclear power equipment manufacturing.