Sealand securities: optimistic about the power equipment to the sea continuity

On June 5, Sealand securities research report pointed out that optimistic about power equipment to the sea.1) Power grid main equipment enterprises go overseas: On the demand side, the global energy transformation brings up the demand for power equipment, and the short-term mismatch between supply and demand is expected to better open up the overseas market for domestic enterprises. On the supply side, the barriers to the sea mainly come from the high entry threshold of power grid enterprises as the main customer group, and domestic high-quality enterprises are expected to achieve constant strong.2) Digital enterprises related to electricity meters: Domestic electricity meter companies have replaced international giants in some overseas markets, and this trend is expected to be replicated in a larger range. Meanwhile, electricity meter companies are expected to reuse the grid customer channels and develop the sales of overseas distribution network main equipment.