"Twelfth Five-Year Plan" Aluminum Cable Enterprises Benefit From Rural Network Reform

In order to further speed up the upgrading and upgrading of rural power grids and complete low-voltage control, the State Grid Corporation of China plans to invest more than RMB 460 billion during the “12th Five-Year Plan” period to promote the construction of rural power grids.

In 2011, it was a period of comprehensive construction of China's rural power grid transformation. The State Grid started with hardware and software and worked hard to serve the construction of new rural areas and increase the income of farmers. State Grid Corporation of China invested 48.84 billion yuan to solve the problem of low voltage, weak link between the county grid and the main network. In response to the national call, local governments also increased their investment in rural power grid reconstruction projects. Since 2011, bidding projects for the State Grid and China Southern Power Grid have soared, and all competing cable companies have benefited from this.

“Twelfth Five-Year Plan” agricultural net will invest 460 billion yuan, which is the highest in history. It can be foreseen that the future production growth of aluminum cable and related distribution network products will continue unabated.