Anti epidemic of local listed enterprises: Huaming Power Equipment Co.Ltd(002270) more than 100 employees stationed in the factory and logistics shutdown are still difficult problems

At present, Shanghai is in the critical period of this round of epidemic prevention and control. How local listed enterprises do well in epidemic prevention and control while orderly carrying out production and operation has attracted much market attention.

Xiao Yi, chairman of Huaming Power Equipment Co.Ltd(002270) ( Huaming Power Equipment Co.Ltd(002270) . SZ), headquartered in Putuo District, Shanghai, said in an exclusive interview with China Business News: “at present, there is no impact on the production capacity. 159 employees are stationed in the factory, and all the others work at home. Our Fengxian factory arranged some employees to live in the factory on the evening of March 27, and prepared sleeping bags and quilts in advance to ensure that the life of the employees stationed in the factory is guaranteed.”

Huaming Power Equipment Co.Ltd(002270) is the only subdivision leading enterprise engaged in UHV tap changer in China. It has two production plants in Putuo and Fengxian districts of Shanghai. The tap changer produced by the company is one of the important components of the transformer, which is mainly used for the long-distance transmission of power from the inter provincial power grid and the voltage regulation and stabilization in the power supply area. The end user is the power grid company and other transformer users (such as photovoltaic power generation, wind power generation, nuclear power, industrial and mining users, industrial parks, etc.).

Nucleic acid detection is very important for epidemic prevention and control. In order to ensure the production and operation during the epidemic period, Huaming Power Equipment Co.Ltd(002270) organized employees to conduct nucleic acid testing in Fengxian factory, and the company also arranged to disinfect the employees’ rest area with ozone and ultraviolet lamp.

“Each employee of the factory gave out a box of milk, and the administration purchased quilts on demand for distribution. At present, the mental outlook of the employees in the factory is still great. Huaming will try not to disappoint investors and customers. We have this confidence.” Xiao Yi said.

According to the third quarterly report of 2021, Huaming Power Equipment Co.Ltd(002270) has accumulated more than 160000 tap changers of Huaming and long march brands operating in more than 100 countries and regions around the world. During the reporting period, the company achieved a revenue of 1.092 billion yuan, an increase of 21.93% year-on-year; The net profit attributable to the parent company was 384 million yuan, a year-on-year increase of 47.88%, a new high since the listing.

Tap changer is an indispensable and important part of transformer. It belongs to the “small and refined” link in the power equipment industry. The industry has high barriers to entry. The world’s leading enterprises include abb, Mr and so on.

The manufacture and maintenance of transformer tap changer is the main source of Huaming Power Equipment Co.Ltd(002270) revenue and profit. The first financial reporter learned that due to the company’s early preparation, it was able to temporarily arrange the shipment of several companies at 9 p.m. on March 27.

however, due to the shutdown of logistics in Shanghai, the products of Huaming Power Equipment Co.Ltd(002270) cannot be sent at present “as Huaming Power Equipment Co.Ltd(002270) is the only enterprise producing EHV on load switches in China, customers are frequently urging delivery. ” Xiao Yi said, ” at present, the shipment of all products of the company has been stopped. According to the current epidemic prevention policy, we should consider the current situation that most of Shanghai are closed and controlled areas in the next two weeks, and Huaming may also be the voice of most manufacturing enterprises. Therefore, under the condition of safety and control, we hope to restore some logistics” .

At present, Shanghai is taking effective measures to improve the level of accurate epidemic prevention through zoning, classification and grid management. When the epidemic situation will be reversed is still the key factor determining the operating performance of enterprises in the second quarter.

“Our performance in the first quarter was basically unaffected by the epidemic. At present, China’s orders in the second quarter were better than last year, but how to produce still depends on the epidemic control. If the epidemic in Shanghai is further controlled in the short term, the performance in the second quarter of this year should be more optimistic. ” Xiao Yi told reporters.

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