Jiangsu Eternal Power Technology Co.,Ltd.
Located in Changzhou West the Taihu Lake Lake Science and Technology Industrial Park,
The completed output value in the first quarter was 57 million yuan,
A year-on-year increase of 71%,
The annual output value is expected to exceed 300 million yuan.
As a strategic partner of Siemens,
Eternal relies on
The core capability of "complete assembly+overall solution",
Deeply integrated into the global new energy infrastructure industry chain.
Eternal was established in 2018, and its main business covers products such as medium and low voltage electrical switchgear, insulated switchgear, and distribution equipment. Since its establishment, relying on the authorized supporting qualifications of Siemens brand, the company has quickly entered the field of medium voltage ring main unit and gradually grown into a distribution equipment supplier that provides innovative solutions and integrated services to customers.
We are Siemens' largest customer in the medium voltage equipment market, and the sales of Siemens branded ring main units exceed 80% of the company's total output value, "said Chen Yonggang, the financial director of Eternal.
In terms of business model, Eternal mainly focuses on modular assembly, with Siemens brand as the main brand, forming an integrated service of research and development, production, and sales, providing customers with the most effective comprehensive system solutions. It is this transformation from assembly to integrated solution services that has supported the rapid development of enterprises in recent years.
In 2021,
The company's annual output value has exceeded 150 million yuan,
Maintain steady growth thereafter,
The annual output value will reach 230 million yuan by 2025.
In 2024,
Enterprises are beginning to systematically expand their overseas markets,
It is expected that overseas orders will account for over 40% of the total output value within three years.
The rapid increase in volume in overseas markets,
A clear set of cooperation logic is indispensable.
According to Chen Yonggang, the key orders this year have mainly come from overseas, with cooperative clients including leading domestic enterprises such as Shangneng Electric, Guodian Nanrui, BYD, and Huawei. These enterprises undertake overseas projects in a general contracting manner and include Eternal's products in their procurement list. This cooperation model of "foreign general contracting and domestic supporting" has become the main driving force for this year's output value growth.
Behind the increase in orders is the continuous R&D investment of the enterprise. In terms of research and development, enterprises mainly focus on optimizing and upgrading the overall solution of switchgear, as well as customized innovation for customers' differentiated needs. Faced with the industrial transformation brought about by the construction of new power systems, enterprises are also actively adjusting their technological routes. Chen Yonggang introduced that in the past two years, overseas projects have focused on the construction of large data centers, and the demand for new energy storage and photovoltaic equipment has surged. "The new switchgear needs to adapt to the electricity demand of the new market, and we need to conduct new research and development in this area.
It is reported that the new generation of switchgear will focus on breakthroughs in key technologies such as fast switching, multi-source access, and state perception, and will be embedded in cutting-edge system architectures such as integrated light storage and charging, microgrids, etc. At present, enterprises are saturated with orders and are accelerating the upgrading of products for the new power system.