Stock Code: 300062

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  • Ceepower and MEMF Forge Strategic Partnership to Drive Energy Transition
    Ceepower and MEMF Forge Strategic Partnership to Drive Energy Transition
    Jul 30, 2024
    On July 28, 2024, Ceepower and MEMF Electrical Industries Co. (MEMF) signed a strategic cooperation agreement at Ceepower’s headquarters in Fuzhou. The ceremony was attended by Ceepower President, Ms. Chen Manhong, and MEMF's Executive Vice President, Mr. Ahmed A. Al-Mohaimeed, along with other senior leaders from both companies. This partnership marks a significant step in enhancing cooperation in the smart distribution and cable accessory sectors.     MEMF is a leading electrical equipment manufacturer in Saudi Arabia with over 25 years of experience in the GCC region. It has been a trusted partner of Ceepower since 2006, focusing on medium-voltage cable accessories. The new agreement deepens this long-standing collaboration, shifting from product supply to joint research and technological innovation, in line with Saudi Arabia’s Vision 2030 and its energy diversification goals.     The two companies will focus on areas such as equipment supply, technical support, and supply chain optimization over the next five years. This partnership will help drive the region’s energy transformation and reinforce Ceepower’s growing international presence. During their visit to Ceepower’s production facilities, MEMF’s delegation was impressed by Ceepower’s innovations in smart electrical solutions and its focus on sustainable energy development.     This strategic agreement not only strengthens Ceepower’s footprint in the Middle East but also positions both companies to contribute significantly to the region’s energy transition, providing innovative solutions in line with global sustainability goals.            
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  • BYD Solar Energy Storage & Recovery Integration Project
    BYD Solar Energy Storage & Recovery Integration Project
    Jul 31, 2023
    At 11:08 PM on July 30, 2024, Ceepower successfully completed the commissioning of the BYD Solar Energy Storage & Recovery Integration Project in Chongqing, achieving full-capacity operation.       This project, a key peak-load power source for Chongqing’s summer energy supply, is the largest single-user solar+energy storage project in the country. It consists of a 60 MW/240 MWh energy storage system, 10 MW of photovoltaic power capacity, and an energy recovery system, with a peak-load capacity of 67 MW. As a core component of the Bishi Integrated Smart Zero-Carbon Power Plant, the project will enable smart energy management, aggregating various resources such as generation, consumption, and storage to ensure reliable power supply during peak demand periods.           Accelerating Construction to Meet Energy Demands The BYD Project was launched as part of a commitment to support Chongqing's peak-load electricity needs. With a tight timeline to increase peak-load capacity before summer, the project focused on speed and efficiency. Ceepower, as the joint design, procurement, and construction partner, recognized the importance and urgency of the project. Leveraging its technological innovation strengths, Ceepower worked alongside all project stakeholders to implement a rigorous construction schedule. The team adopted a "5+2" and "day-and-night" work strategy, optimizing construction processes to achieve rapid results: the civil construction was completed in 20 days, the installation in 11 days, and the full-capacity operation in just 88 days.         Overcoming Challenges to Ensure Successful Completion Throughout the project, Ceepower maintained a strong focus on engineering quality, safety, schedule, and cost control. Drawing on its capabilities in power equipment R&D, comprehensive energy services, and technological innovation, Ceepower collaborated closely with partners to optimize designs and enhance project management. Despite challenges such as tight deadlines, heavy workloads, high temperatures, and rainy season disruptions, the team ensured the project was delivered ahead of schedule, meeting quality and performance targets. This successful completion of the BYD Project was a significant achievement, showcasing Ceepower’s ability to turn ambitious goals into reality.            Paving the Way for Future Energy Storage Solutions The completion of the BYD Project represents both a major challenge and a powerful validation of Ceepower’s capabilities. In the rapidly developing energy storage sector, Ceepower is committed to advancing core technologies for large-capacity, long-cycle, low-cost, and high-safety energy storage systems. These technologies meet the growing demand for "new energy+energy storage" applications, providing integrated clean energy solutions that contribute to grid stability, support corporate green transitions, and offer reliable options for safe electricity use.     This project marks a new chapter for Ceepower in the energy storage field, setting a benchmark for future developments and collaborations, and reinforcing Ceepower's leadership in the clean energy transition.            
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  • Ceepower Energies Yukun High-Speed Railway
    Ceepower Energies Yukun High-Speed Railway
    Sep 30, 2024
    On September 29th, the Chongqing-Yibin section of the Chongqing-Kunming High-Speed Railway officially opened. Ceepower’s subsidiary, Wuhan Wuchang Electric Control Co., Ltd., supplied 126 prefabricated substations, ensuring reliable power along the 192-kilometer route.     Designed for speeds of up to 350 km/h, this section significantly shortens travel times between major cities, reducing the journey from Chongqing to Luzhou East to just 26 minutes, and to Yibin Station in as little as 48 minutes. It enhances regional connectivity and supports the development of the Chengdu-Chongqing economic circle and the Yangtze River Economic Belt.   Ceepower’s modular, compact substations are tailored to Sichuan’s complex terrain, providing a stable power supply for the safe operation of this critical rail line.     Committed to innovation and excellence, Ceepower continues to support the expansion of China’s rail infrastructure.              
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  • Ceepower Attends Inaugural China-Nigeria Trade Forum
    Ceepower Attends Inaugural China-Nigeria Trade Forum
    Oct 30, 2024
    Ceepower attended the inaugural China-Nigeria Economic and Trade Cooperation Forum, held during the 2024 China-Africa Forum in Beijing, which marked the upgrading of China-Nigeria relations to a comprehensive strategic partnership. The forum facilitated discussions between Ceepower, Nigerian government officials, and businesses on key areas of collaboration, including power, renewable energy, and smart technologies.     The event, themed “Precise Matching,” aimed to strengthen ties between Chinese businesses and Nigerian state governments. Nigeria, as Africa’s largest economy and China’s primary export market in the region, presents significant opportunities for trade and investment.     At the forum, Ceepower engaged in targeted trade talks with Nigerian officials, focusing on key sectors such as energy storage, smart grid solutions, and rail transport. The company’s participation underscores its commitment to expanding in the African market, leveraging its extensive industry expertise and customer base.     Ceepower aims to use this collaboration to explore new opportunities in Nigeria and contribute to the global energy transition through its integrated solutions in cable accessories, smart distribution equipment, and energy storage. This marks a significant step in Ceepower’s strategy to expand its footprint in the international market, especially in Africa.                
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  • Ceepower's Innovative Power Solutions for the Shenzhen-Zhongshan Channel
    Ceepower's Innovative Power Solutions for the Shenzhen-Zhongshan Channel
    Oct 15, 2024
    The Shenzhen-Zhongshan Channel is a groundbreaking infrastructure project that spans approximately 24 kilometers, connecting the east and west banks of the Pearl River. This major undertaking combines bridges, islands, tunnels, and underwater connections, presenting complex construction challenges and demanding high technical standards.    Reliable power supply is essential for the project's success. As a trusted supplier for the Southern Power Grid, Ceepower is providing advanced ring main units to support this world-class engineering endeavor.     Quality Service for Major Projects Ceepower's ring main units are vital for maintaining stable electricity supply. In this project, they will handle power distribution, protection, and control within an intelligent 10 kV distribution switch station. Utilizing advanced automation technology, these cabinets ensure rapid fault recovery times in the millisecond range. To further ensure smooth operation, Ceepower will provide comprehensive technical support and after-sales services.         Enhancing Distribution Network Efficiency Designed with advanced features, Ceepower’s ring main units integrate high-voltage switching, protection, control, measurement, and communication functions. Their compact design and reliability ensure stable performance in challenging environments.      In the future, Ceepower will continue to focus on the power industry, dedicated to providing high-quality power equipment and services for more major engineering projects, thereby contributing significantly to the country's infrastructure development and economic and social progress.              
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  • Ceepower Makes Major Strides in International Rail Market
    Ceepower Makes Major Strides in International Rail Market
    Sep 19, 2024
    Ceepower has recently made notable advancements in the international rail sector, securing contracts worth over 60 million CNY. Key projects include the Masi Railway in Guinea, the Masi Railway Branch with Rio Tinto, and the East Coast Rail Link (ECRL) in Malaysia. These contracts emphasize the growing global presence of Ceepower’s core products, including prefabricated substations and high- and low-voltage switchgear from its subsidiary, Wuhan Electric Controlgear Co., Ltd.       Transforming Guinea’s Rail Infrastructure The Masi Railway, spanning 552.5 kilometers, will be the first dual-track heavy-duty railway, equipped with a satellite-based signaling system. This project aims to enhance transportation efficiency and stimulate regional economic growth through improved mineral resource development. Ceepower’s success in this contract signifies its strategic entry into the African rail market.     Connecting Malaysia with the East Coast Rail Link The ECRL connects Kota Bharu to Port Klang over 665 kilometers, serving as a critical infrastructure project under the Belt and Road Initiative. It will improve transport links between Malaysia’s east and west coasts, fostering balanced regional development. Wuchang Electric Control will supply essential electrical equipment for this project, further solidifying Ceepower’s reputation for quality and reliability in the global market.   Strengthening Global Operations With a commitment to advanced research and development, Ceepower is set to expand its offerings in cable accessories, photovoltaic storage solutions, and other energy products. This aligns with its strategy to actively participate in the global energy transition, driving sustainable development through innovative solutions. Ceepower’s recent achievements in the rail sector not only enhance its international footprint but also demonstrate its dedication to delivering high-quality solutions that meet the demands of global infrastructure projects. The company is focused on contributing to a sustainable future through strategic expansion and innovation in the energy sector.              
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  • Sustainable Solutions: 48 MW / 96 MWh Energy Storage Station in Xuwei New District
    Sustainable Solutions: 48 MW / 96 MWh Energy Storage Station in Xuwei New District
    Aug 21, 2024
    On July 25, 2024, Ceepower contributed to the full-capacity grid integration of a 48 MW / 96 MWh energy storage station in Lianyungang's Xuwei New District. As the region's first large-scale electrochemical storage system, it marks a key step in the district's move toward sustainable energy.   With its rapidly growing energy demands, Xuwei New District needed a reliable energy storage solution to support its green development goals. The challenge was to seamlessly integrate the system into the existing grid while ensuring long-term efficiency.     Ceepower Xiangrui Electrical Engineering Co., Ltd., a subsidiary of Ceepower, provided EPC services for the project, while Beijing Ceepower Xindian Technology Co., Ltd., another Ceepower subsidiary, handled secondary equipment integration and technical support.   The energy storage station, spanning approximately 7,000 square-meter, is designed with an outdoor prefabricated cabin layout. It includes 12 PCS integrated units and 24 battery cabins, creating 24 storage units that connect to the 110 kV step-up substation at Nacha Riverbank via two 35 kV collection lines. This compact and efficient design ensures optimal performance and reliability.     At the core of the system lies Ceepower's independently developed Energy Storage Station Monitoring and Energy Management System, delivering real-time monitoring and management to guarantee the long-term efficiency and safety of the battery systems.     The successful commissioning of this energy storage station is a major step forward for Xuwei New District in building a modern, integrated power system that supports renewable energy.   The project is expected to generate 390 GWh of green electricity annually, reducing carbon dioxide emissions by 340,000 tons, sulfur dioxide by 185 tons, and nitrogen oxides by 169 tons each year. This initiative enhances energy security while advancing the district's environmental objectives.              
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  • 【Smart Grid】Empowering Smarter Energy Systems
    【Smart Grid】Empowering Smarter Energy Systems
    Nov 25, 2024
    Ceepower specializes in smart grid solutions, focusing on the R&D, production, sales, and service of power transmission and distribution equipment. With 25 years of expertise, it has built a comprehensive industrial chain, becoming a leading provider of integrated primary and secondary equipment solutions, offering services from design and production to engineering and operation.       Business Product Project Case   Electrical Product Research, development, production, sales, and post-sales service of power transmission, distribution, control, and related equipment. EPC Project Engineering, procurement, and construction services for power transmission, distribution, and renewable energy generation projects. Investment and Intelligent Operation of Electrical Projects Comprehensive solutions f or intelligent grid transformation.             Business Product Project Case Cable Accessories   With 25+ years of expertise, Ceepower’s cable accessories are certified by KEMA, IPH, CESI, and LAPEM, and are widely used in global power grids. Intelligent Ring Main Unit   Ceepower provides innovative, sustainable solutions for power grids, rail transport, petrochemicals, healthcare, and municipal engineering. Prefabricated Substation   Ceepower delivers prefabricated products, including 0.4 kV-35 kV switchgear, 110 kV-220 kV GIS, transformers, secondary equipment, and customized solutions. HV & LV Switchgear   Ceepower supplies high and low voltage switchgear, substations, transformers, breakers, and metro cabinets, developed with Schneider and Siemens.             Business Product Project Case   Chengfei No.17180 Factory Building Project for Sichuan Construction Group  Contracting Scope: Distribution Electrical Equipment (High and Low Voltage Switchgear ) Supply   Factory Building No. 17180 is a major project for Chengdu Aircraft Industry Group, representing the largest and most advanced assembly facility in the industry.   Shenzhen-Zhongshan Channel Contracting Scope: Ring Main Unit (RMU) Supply   The world's first cross-sea cluster project integrating a bridge, island, tunnel, and underwater interchange.    Haichen Energy Storage Chongqing Manufacturing Base Project Contracting Scope: 10 kV High Voltage Switchgear Supply   The project is located in Chongqing's new-generation energy storage lithium battery research and production base, marking the city's first fully-assembled lithium chemical energy storage endeavor.     Beijing Daxing International Airport Contracting Scope: High and low voltage equipment for the Beijing-Xiong’an high-speed railway distribution room   4F-class international airport and world-class aviation hub.   Xicheng Railway Hailong Station Contracting Scope: The first prefabricated substation along the railway line – 110 kV prefabricated complete station   A key transportation infrastructure project connecting Sichuan, Gansu, and Qinghai provinces in Tibetan regions.                
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  • 【Rail Transit】 Energizing Modern Mobility
    【Rail Transit】 Energizing Modern Mobility
    Nov 25, 2024
    With the full-industry-chain expertise, Ceepower has advanced rail transit development with innovative technologies. Entering the field in 2011, it focuses on electrified railway and urban transit solutions, offering products like prefabricated substations, reactors, and high/low voltage switchgear, supported by professional design, construction, and maintenance services.             Business Product Project Case Electrified Railway Power Supply System Solutions Research, development, production, sales, and post-sales service of electrified railway products. Includes high-quality electrification products and solutions such as railway signaling transformer substation systems.     Subway Power Supply System Solutions Integrated power supply systems, including distribution systems, environmental control cabinets, BAS, and others.           Business Product Project Case High Voltage Switchgear Series Low Voltage Switchgear Series Reactor Series Distribution Box Series Box-Type Substation Series               Business Product Project Case Fuzhou-Xiamen High-Speed Railway Contracting Scope: Supplied 108 high-speed railway power remote prefabricated substations and 398 low-voltage switchgear cabinets.   China's first cross-sea high-speed railway with a speed of 350 km/h.     Lijiang-Shangri-La Railway Contracting Scope: Provided 72 high-speed railway power remote prefabricated substations.   A national Class I single-track electrified railway, ending the no-railway history of Diqing Tibetan Autonomous Prefecture in Yunnan.                
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  • 【Renewable Energy】 Leading the Green Revolution
    【Renewable Energy】 Leading the Green Revolution
    Nov 25, 2024
    Aligned with China’s dual carbon strategy and focused on the renewable energy system, Ceepower leverages its expertise in the power industry to drive green energy services. By integrating photovoltaic, EV charging, and energy storage, it accelerates the development of new products and creates integrated solutions to meet diverse market needs, serving major domestic energy companies and high-energy-consuming industries.     Business Product Project Case   Photovoltaic Power Generation Operations and EPC services for photovoltaic projects and renewable energy.   * By 2024, photovoltaic capacity exceeds 1.4 GW.     Renewable Energy EV Charging Services Production and sales of charging piles, offering comprehensive services for charging stations and photovoltaic storage-charging stations.     Energy Storage Supplying energy storage products and services, including solution design and system integration.   * By 2024, energy storage capacity exceeds 550 MWh.             Business Product Project Case Energy Storage Series Ceepower offers integrated photovoltaic storage-charging solutions, combining AC/DC charging piles, mobile storage, and service systems. Energy Storage-Charging Series Ceepower specializes in energy storage technologies, serving mobile, residential, industrial, and large-scale storage needs. Intelligent Energy Management Platform Series Using big data and power electronics, Ceepower develops energy management systems for EV charging, storage, and microgrid solutions.                 Business Product Project Case   BYD Solar Storage + Energy Recovery Integrated Project Contracting Scope: Design, Procurement, and Construction of the Entire Project   This is currently the largest single-user photovoltaic storage project in China, featuring a 60 MW / 240 MWh energy storage system, a 10 MW photovoltaic system, and an energy recovery system. With a peak capacity of 67 MW, it is the core component of the Bishan Integrated Smart Zero-Carbon Power Plant.     Heqingtan 120 MW Photovoltaic Power Generation Project for Jinchang Runxin Renewable Energy Co., Ltd. in Yongchang County  Contracting Scope: 120 MW PV Power Generation Project with 20 MW / 40 MWh Energy Storage System   The project features a 120 MWp DC and 100 MW AC capacity, spanning 1,670,835m2 across 30 PV units. Equipped with a 20 MW / 40 MWh storage system and 30 inverter enclosures, power is collected via four 35 kV lines to a 330 kV substation.    Handan Bus Hub Charging Station Contracting Scope: Supply Integrated DC charging piles.   A key project in Hebei's public transportation demonstration city initiative.   Yinchuan South Smart Charging Service Demonstration Center Contracting Scope: Deployment of Mobile Charging Robots at the Demonstration Center   The first comprehensive smart charging center integrating wind, solar, energy storage, charging, discharging, and customer services.                
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