www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Boer Power to ride B&R into global markets

By Meng Fanbin | China Daily | Updated: 2017-09-05 07:56

Boer Power to ride B&R into global markets

Boer Power runs a production line in Wuxi, Jiangsu province. [Photo provided to China Daily]

Hong Kong-listed Boer Power Holdings Ltd, a mainland company that provides intelligent power distribution systems and management solutions for energy efficiency, will expand into international markets to exploit opportunities presented by the Belt and Road Initiative.

It will also seek to increase its domestic market share by offering products and services to so-called smart cities being developed in China.

"We will expand our business rapidly to Southeast Asia, Central Asia, Africa and the Middle East," said Jia Lingxia, executive director and chief operating officer of Boer Power.

Earlier last week, the company released its financial results for the first half of this year.

Sales rose 51 percent year-on-year to 392 million yuan ($59.5 million) on the back of large-scale orders in the domestic and overseas markets.

The gross profit margin of the group was 28.5 percent, representing an increase of 13.9 percentage points as compared to the gross profit margin of 14.6 percent of the full year of 2016. Profit attributable to equity holders of the company increased to 2.3 million yuan.

"We will establish local subsidiaries (in other countries) at an appropriate time to reduce costs of business expansion and develop a global deployment mechanism that is sustainable, efficient, flexible and forward-looking," said Jia.

Sensing immense potential in overseas markets, Boer Power has already established subsidiaries or sales teams in Spain, Mexico, Indonesia and the United Arab Emirates.

It had also acquired Grupo Temper in Spain in 2013 and now has plans to provide smart home-automation products and solutions to many countries and regions in Asia, Africa and the Americas.

"At the beginning of this year, China announced that it would invest an additional 780 billion yuan in infrastructure in economies participating in the Belt and Road Initiative, pushing forward the implementation of national infrastructure projects. This has been stimulating demand for power distribution equipment in these regions, and has created opportunities for us to expand our business globally," Jia said.

On Aug 9, Boer Power announced a strategic cooperation agreement with over 10 real estate enterprises and related ancillary enterprises. Under this agreement, the company will actively explore opportunities in the field of intelligent real estate to expedite and enhance applications of its solutions.

Vigorous promotion of the National Smart City Strategy is one of the major initiatives under the 13th Five-Year Plan (2016-20). Now, the National Smart City Pilot Scheme is being implemented in over 30 provinces and regions in China.

"We firmly believe that the smart city business will be a new growth driver, enabling the company to increase its market share and strengthen its leading advantages," said Jia.

In 2015, the Chinese government had released a guidance on advancing smart grid development in China, aiming to initially establish by 2020 a two-way interactive smart grid network system that is safe, efficient and clean.

According to official data, during the 13th Five-Year Plan period, investments in construction and power distribution network upgrades in China will be up to 1.7 trillion yuan.

During the first half of this year, nationwide investments in power grid engineering were 239.8 billion yuan, up 10 percent year-on-year.

Li Jiayue contributed to the story.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 欧美一级特黄视频 | 91成人午夜在线精品 | 欧美做暖小视频xo免费 | 久草视频福利 | 国产a级一级久久毛片 | 美女张开腿给男人捅 | 久久99国产乱子伦精品免 | 欧美日韩亚洲精品一区 | 蜜臀91精品国产高清在线观看 | 欧美一级第一免费高清 | 精品欧美小视频在线观看 | 中国成人免费视频 | 午夜在线伦理福利视频 | 黄色三级三级三级 | 久久狠狠躁免费观看2020 | 在线观看毛片视频 | 亚洲男人天堂网站 | 亚洲国产精品激情在线观看 | 日本理论在线播放 | 性夜影院爽黄a爽免费看网站 | 亚洲视频 在线观看 | 韩国午夜三级理论 | 亚洲欧美日韩国产精品26u | 女在床上被男的插爽叫视频 | 国产日韩免费 | 亚洲精品色一区二区三区 | 国产日韩精品欧美一区 | 国产精品久久久久久久久免费 | 国产精品一区二区国产 | 国产综合成人久久大片91 | 国内自拍偷拍视频 | 在线视频欧美日韩 | 免费视频毛片 | 日美三级| 久久精品a亚洲国产v高清不卡 | 成年人网站黄 | 亚洲视频三级 | 亚洲色欧美 | 国自产精品手机在线视频香蕉 | 欧美另类视频在线观看 | 国产高清a毛片在线看 |