Jinlihuadian: The glass insulator industry is still at a relatively high level of prosperity.
Jinli Hua Electric replied to investors on the interactive platform on May 13, stating that according to the announcement disclosed by the company on April 3, the ultra-high-voltage glass insulator expansion project invested and constructed by its wholly-owned subsidiary Zhejiang Jinli Hua Electric had started production on March 31. After the completion of the project, the company's production capacity of ultra-high-voltage glass insulators will increase from the original annual capacity of about 1 million pieces to 4 million pieces. According to the current market situation of glass insulators, the industry is still at a relatively high level of prosperity. Although there has been some growth on the supply side, it has little impact on the overall supply and demand situation in the industry.
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