After long-term high-speed development, China's power supply and power grid construction have reached a relatively complete level, and the relevant investment amount has historically high, and the growth momentum in the future has slowed down. In the power supply segment, the total installed capacity of the 13th Five-Year Plan declined, and the focus shifted to the adjustment of energy structure. The clean energy consumption became a prominent problem. In the power grid, the redundancy of equipment will increase, the investment amount of the two networks will slow down, and the increment will be at both ends. The UHV and EHV transmission channels will be strengthened during the 13th Five-Year Plan period, and the distribution network will be promoted by the electricity market. Investment Opportunities.
    Leading companies, there are increments in overseas markets. China's large-scale power infrastructure construction and UHV engineering practice have nurtured a number of industry leaders with technological advantages and power engineering contracting capabilities; the deepening of the Belt and Road strategy and the increase in overseas investment by power grid companies have optimized the overseas business environment; Southeast Asia And other non-OECD countries have great potential in the power equipment market, and demand is growing rapidly; abundant order reserves provide a basis for performance; industry leading companies with excellent overseas business development capabilities are worthy of attention.
    Regional enterprises, there is an opportunity to increase the distribution network. The electric power reform continued to deepen, and 105 incremental power distribution business reform pilot projects spurred the enthusiasm of private capital into the incremental distribution network. Incremental distribution network market investment entities are dispersed, and the equipment sales gross profit rate is improved. At the same time, regional enterprises with geographical advantages can carry out power engineering general contracting services in the incremental distribution network market, and pay attention to regional enterprises that have advanced distribution network services.