Henan Pinggao Electric Co.,Ltd.(600312.SH)
Registered Capital:
818.97(RMB MLN)

Introduction from Google Finance
Henan Pinggao Electric Co., Ltd. is principally engaged in manufacture and distribution of electric power transmission and conversion equipment. The Company's major products include open sulfur hexafluoride (SF6) circuit breakers (CBs), high voltage isolating switches, earthing switches and enclosed combined electrical equipment, among others. The Company distributes its products primarily in domestic market. As of December 31, 2010, the Company had six subsidiaries, which involved in manufacture of switch equipment, as well as metal rolling and processing.
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Revenue Breakdown (million RMB)
Power transmission equipment manufacturing1000.22**********
Open sulphur hexafluoride circuit breaker************
HV isolating switches, grounding switch************
Closed combination electric appliance************
In central China138.37**********
South China58.65**********
East China185.46**********
Introduction from Company WebSite

Henan Pinggao Electric Co., Ltd. , is core enterprise of Pinggao Group Co., Ltd. Coming into the market on Feb 21st,2001 , at Shang Hai Stock Exchange(600312, SH), Pinggao Electric is one of three bases for researching, developing and manufacturing high voltage and ultrahigh voltage switchgear of China. Pinggao won the honorary title of ‘high-level and new technical enterprise of Henan Province of China’, ‘500 biggest Apparatus Manufacturing Enterprises of China’, ‘20 Companies of Industrial Enterprises of Henan Province of China’, ‘excellent enterprise of Henan Province of China’, etc. early or late.

Pinggao Electric is occupying area of 280 157.39 m2.The total employees in Pinggao Electric is 2 930 up to now, among them, more than 860 persons graduated from college or university, 22 persons with master or doctor degree, 7 persons with subsidy for special experts given by State Department of China, 19 persons are senior engineers. Now, under the flag of Pinggao Electric, there are five holding or relative holding companies (including two Sino-Japan joint ventures) and 10 daughter companies. The registered capital of Pinggao Electric is 311 950 000 yuan (RMB). Based on the strategy of ‘self-development combining with imported technology’, ‘adaptive development combining with strategic development’ ,‘production combining with study and research’, and the way for technical innovation and development of ‘the predominance complementing each other’, Pinggao contacted and cooperated with some of the Global 500 Companies such as Toshiba, ABB, Alstom, etc. early or late, and established two joint ventures successfully: 1) Henan Pinggao-Toshiba High Voltage Switchgear Co., Ltd., set up with Toshiba of Japan, first-class enterprise in the world for manufacturing GIS, with registered capital of 12 500 000 US dollars and total investment of 21 000 000 US dollars (Pinggao and Toshiba holds 50% stocks each), has the capability for manufacturing 900 million yuan (RMB) of production value; 2) Pingdingshan Pinggao-Yaskawa Switchgear Apparatus Co., Ltd., set up with Yaskawa Motor Company, with registered capital of 5 million yuan (RMB), in which, Pinggao holds 60% stocks, Yaskawa 40%. The products of Pinggao, mainly high voltage switchgear, are key technical equipment of China, and play an important role in national economy, especially in power system constructions of China, they are widely used in national-class power network and key projects, and have been imported to Southeast Asia, Middle East, Latin America, South Africa and other countries. The main products include: 40.5~550 kV high voltage SF6 open circuit breaker (GCB), 40.5~800 kV high voltage disconnector (DS) and earthing switch (ES), 72.5~550 kV SF6 gas-insulated metal-enclosed switchgear (GIS), 72.5~550 kV hybrid SF6 gas-insulated metal-enclosed switchgear (H-GIS), 72.5~550 kV SF6 tank circuit breaker (T-GCB), 40.5~252 kV minimum oil circuit breaker and so on. Series LW6 550 kV, 252 kV, 145 kV, 126 kV and 72.5 kV SF6 circuit breaker got the certificate of KEMA in the Netherlands in 1985, which is the first series of China passed the test in famous test laboratory abroad. Afterwards, GW4-245, GW4-145, FN□-126, GW7-550, GWZ-550, GWP-550 disconnector and JN□- 550 earthing switch and other products passed the tests of KEMA also.In 1998, LW10B-550 single-column double-break SF6 circuit breaker developed by Pinggao passed all capacity tests in CESI, Italy.LW10B-550 SF6 circuit breaker of Pinggao got the certificate of ‘National-class new product’ in 2000, ZF11-252 GIS, GW28-550 and GW29-550 disconnector got the certificate of ‘National-class key new product’, LW10B-252 SF6 circuit breaker got the certificate of ‘Excellent new product for national innovation of the ninth Five-year Plan’, LW6B-252 SF6 circuit breaker got the second-class award of Scientific and technical advancement of National Machinery Bureau, LFN24-126/145 load switch got the third-class award of Scientific and technical advancement of National Machinery Bureau, ZF11-252 (L) GIS got the second-class award of Science and technology of machinery industry of China, LW10B-550/4000-50/63 SF6 circuit breaker got the third-class award of Science and technology of machinery industry of China.

Pinggao, the first company in high voltage switchgear industry to pass the certification for high-level and new technical enterprise from Chinese Academy of Science and Ministry of Science and Technology of China, owns a national-class research & development center which gathers new product researching and developing, processing, standardizing, information collecting, prototype trial producing, inspecting and testing together, and has strong technical capability. Pinggao passed ISO9001 Quality Management System Certification in 1996 and GB/T19001-2000 idt ISO9001: 2000 Standard Application Certification in 2003. In 2004, Pinggao got the Manufacture License of Special Equipment (pressure vessel) issued by General Administration of Quality Supervision, Inspection and Quarantine of China. Some products got the certificates of KEMA, the Netherlands, CESI, Italy and other famous high voltage test laboratories in the world.

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