Huatai Securities: Under the new standard for electricity meters, the industry is expected to achieve a simultaneous increase in quantity and price by 2026.

Huatai Securities research report stated that on February 6, State Grid's 2026 marketing project metering equipment special public bidding procurement batch was listed for bidding, with clear price limitations. The price increase compared to the second batch of 2025 was generally above 20%, achieving a rebound after a decline. Under the new meter standard, the industry is expected to achieve a simultaneous increase in quantity and price in 2026, boosting the profitability of enterprises. Leading companies with technological advantages are expected to gain higher market share in the early stages of the new standards implementation.