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SMM Analysis: Power Grid Investment Surge & Bidding Rule Changes: Impacts on Copper Wire & Cable Firms

Published: Feb 21, 2025 14:28
[SMM Analysis: Power Grid's Generous Start and Changes in Bidding Rules—What Do Copper Wire and Cable Companies Think?] As the conclusion of the 14th Five-Year Plan approaches, China's power grid investment has significantly accelerated in 2024. After entering 2025, the State Grid Corporation of China announced ambitious investment plans and optimized its bidding rules. Can these investments boost copper wire and cable orders for companies? What impact will the rule changes have on companies winning bids? SMM has compiled feedback from cable companies as follows...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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