Dalian Electric Porcelain Initial application approved

China Securities Regulatory Commission issued the supervision of the 5th announcement of the Audit committee in 2010, the NO. 201 meeting was convened on November 5, 2010, Dalian Electric Porcelain Group Co., Ltd. first application was approved. Pre-disclosure data show that Dalian Electric Porcelain Group Co., Ltd. this plan in Shenzhen stock issue 25 million shares, issued after the total share capital of 100 million shares.　　Company is mainly engaged in high-voltage transmission lines with porcelain, composite insulators, power station with porcelain, composite insulators, as well as electrical porcelain and other products such as research and development, production and sales. Composite insulator has the advantages of small energy consumption, light weight and strong anti-pollution ability.　　Since 1985, Dalian Electric Porcelain and Tsinghua University to develop a composite insulator, is one of the earliest development, production of composite insulator manufacturers.　　Since 2005, Dalian Electric Porcelain put composite insulator into the group's important Development strategy plan, enhanced the independent research and development ability of composite insulator, process equipment and detection level have been comprehensively upgraded, the production capacity and technology of composite insulator have been developed rapidly.　　2006, Dalian Electric Porcelain passed the state grid company 220,000 KV and above the power transmission and transformation projects concentrated on the size of the bidding potential bidders qualification performance audit, become the State Grid company Composite insulator products, one of the five fixed-point bidding enterprises.　　2008, its composite insulator realized output value of 50 million yuan. 2009, the severe impact of the financial crisis, the European and American markets generally shrink unfavorable situation, Dalian Electric Porcelain active operation, the strategy is appropriate, with India, Africa and other emerging developing countries and regional power projects to focus on the development and expansion of the international market, especially in the Indian market for 300 million yuan composite insulator and porcelain insulator orders, The supply has been scheduled for 2011 years.　　At the same time, Dalian Electric Porcelain Group in the ASEAN countries, Africa, the Middle East and other markets have also made a certain harvest, got 50 million yuan of orders. Dalian Electric Porcelain Group has the largest electrical laboratory of insulators in the northeast, has built the largest composite insulator production base in northeast, the project and the United States pull PU joint venture, the introduction of international advanced production technology, technology and equipment, improve its power transmission and transformation of supporting products of major technical equipment and basic software level, Enhance the ability of independent innovation and core competitiveness. Its products will meet the national UHV and foreign composite insulator market rapid development needs, the market prospects are very broad.