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Asia Electrical Power International Group Inc.

  • ISIN US04519C1099
  • Land

Unternehmensprofil

Asia Electrical Power International Group, Inc. (Asia Electrical) is the U.S. parent of a major Chinese electrical equipment manufacturer, Asia Electrical Power Equipment (Shenzhen) Co. Ltd., known as AEPE. Since 2007, Asia Electrical stock has traded in the U.S. under the OTC Bulletin Board symbol AEPW.


Through AEPE, established in 1994, Asia Electrical has established a track record of consistent revenue growth and profitability, with a domestic customer base spanning more than 30 Chinese provinces. Asia Electrical recently expanded its production facilities with the opening of its new 330,000 sq. ft. state-of-the-art facilities which increased manufacturing capacity by more than tenfold. Its successful entry in the international arena in January of 2008 was highlighted with over $3 million in orders in the first month alone. Its products, primarily for the medium-voltage network system, include cabinet-type substations, outdoor switching stations, cable branch stations and switching elements such as load break switches and circuit breakers.


As one of the leading suppliers of crucial electrical gear in China, Asia Electrical benefits directly from the Chinese government’s aggressive efforts to expand the power grid in less-developed regions. The nation’s current five-year plan for economic development, launched in 2007, calls for spending approximately $65 billion on medium-voltage infrastructure.


Asia Electrical’s growth strategy is based on expansion within China, spurred by government investment, and on new business overseas. Outside China, Asia Electrical has begun marketing its switching products to power suppliers in South and East Asia and the Americas. It expects to increase its revenues substantially in coming years through internal sales growth as well as accretive acquisitions.


Asia Electrical Power Equipment (Shenzhen) Co. Ltd. (AEPE) specializes in the manufacturing and marketing of complete high, medium and low voltage power distribution equipment focused on the secondary power distribution industry (12-24KV) which has been experiencing tremendous domestic growth in China due to the country’s recent phenomenal economic vitality. The company’s principal products include cabinet-type substations, outdoor switching stations, cable branch stations and switching elements such as load break switches and circuit breakers.


AEPE has well established and long standing cooperative relationships with such world renowned high and medium voltage switch-gear manufacturers as the ABB Group of Switzerland and Schneider Electric of France, and served as each company’s distribution partner in China in its early years. Today AEPE retains the authorization to use the products of, and work closely with, these major European companies, each of which is a global leader in its industry, to assemble switchgears and other products.


In 1996, AEPE succeeded in developing the first medium voltage AGN15-12 (I) SF6 ring main unit in China, the core part of which is the ABB SF6 load break switch that optionally can be replaced by circuit breakers and insulating switches. Subsequently, AEPE completed R&D for the first medium voltage SF6 load break switch, AFL-12D (FLN36- 12), and the first vacuum circuit breaker in China, the VDM6. Both of these products fully comply with the GB/IEC standards.


By combining high level technology with advanced equipment, an experienced management team, effective sales administration, strict quality control systems and a philosophy centered on customer satisfaction, AEPE has realized consistent double digit growth in annual sales. With the recent expansion of its production facilities, AEPE is well positioned to take full advantage of the overwhelming increase in domestic demand due to recent


AEPE has implemented an ISO9001-certified quality control system and attained industry recognition by being granted the Chinese National compulsive CCC certificate. The Company recently attained the National Power Authority of China’s certification as a ‘Key Manufacturer’ and the Designated Manufacturer status.


AEPE recently completing construction of a new 330,000 square foot state-of-the-art industrial facility (including manufacturing capacity totaling 158,000 square feet) in Shenzhen, Guangdong Province, which will accommodate a workforce exceeding 300 employees. Current personnel strength includes support from electrical experts and engineers with strong backgrounds in such advanced equipment as digital control punch machines, computerized laser cutting, engraving and corresponding measuring, to ensure each product is manufactured with superior quality.


AEPE is growing into one of the leading companies in its industry in China, driven by a corporate commitment towards manufacturing the finest products inspired by continuous innovation in electrical technology, its application and its management. Its products have proven highly successful in various applications – from electricity distribution to mining and infrastructure for industrial districts, from civic buildings and residential communities to the natural gas, coal and oil field construction sectors.


AEPE has become a leading player in its market, focused on manufacturing and marketing of high, medium and low voltage complete-set equipment: cabinet-type electric substations, outdoor switching-mechanisms, cable feeder pillars and switching elements. Based on its increasing sales over the last few years (in which the company’s customer net covered more that 30 provinces and cities), AEPE is aggressively expanding its penetration of the electrical equipment market throughout the western provinces of China, as well as actively participating in the development policy established for the country’s inner provinces.