Followed by ping Gao Electric Xu relay in the embrace of the state network

The State Grid company, which had previously sparked a huge controversy, bought two major electrical equipment makers--ping-Gao group and the group, which ended the event. Xu Relay (000400) today announced that the holding shareholder Xu Ji Group Co., Ltd., the State power grid subsidiary of China Electric Power Science Research Institute of the relevant work has been completed, Xu Relay actual control of the people to change the State grid.　　In April this year, the flat High Electric (600312) of Ping Gao Group has also announced that the state Grid has become the actual control person. July 17, 2009, Ping Gao Electric and Xu Relay also issued a share transfer announcement of controlling shareholder. Ping Gao Electric notice said, Pingdingshan Sasac will ping Gao Group 100% Equity rights to the National Network International Equipment Co., Ltd. State Network Equipment Company is a wholly-owned subsidiary of the State Grid, Ping Gao Group is the forefront of the field of High-voltage switchgear. Xu Relay announced that the Chinese Electric Academy will first through the increase in capital, the holding of the group's 60% stake, the Chinese Electric Academy is a direct part of the National Grid research institutions. and similar to ping-Gao group, Xu Group is also the domestic power equipment industry leading enterprises.