During the reporting period, the main business income was 98.0309 million yuan,14213510000 yuan and 18 1354700 yuan respectively, accounting for 94.82% and 99.59% of the current operating income respectively.
The company's operating income mainly comes from the leading products of reactive power compensation device and filter device, in which the reactive power compensation device realized income of 83,049,654,38+0,000 yuan, 65,438+0,275, 680 yuan and 65,438+0,605, 780 yuan respectively from 2008 to 2065,438, accounting for the total business in the same period. The operating income of 20 10 reactive power compensation device decreased compared with the same period of last year, mainly because the sales income of 20 10 filter device increased significantly compared with the previous year. In 20 10, the company's sales revenue of filter devices increased by 1 0,026.77% compared with 2009. The main reason is that the company built a new factory in 2008, and the funds are relatively tight. Considering that the main customers of filter devices are non-power system customers, the payment period is long and the funds occupied are large, the company adjusted its sales strategy in time to reduce the sales of filter devices outside the power system, mainly producing and selling high-voltage filters for power systems. 20 10 company increased the sales of filter devices, and the sales revenue increased significantly. With the expansion of the market outside the company's power system, the income realized by the filter device will increase, accounting for an upward trend in the total income, and the company's operating income structure will be optimized. With the upgrading of high-voltage reactive power compensation devices in fundraising projects and the completion and commissioning of industrialization projects, MCR SVC, TCR SVC, ct, CVT and other products will become new sources of income, and the company's product structure and income composition will be more reasonable.
The company's products are mainly used in power systems, with a large proportion in East China and North China. During the reporting period, the sales of the two regions accounted for 87.42%, 90. 15% and 60.02% of the total operating income of the current period, respectively. The product sales area is relatively concentrated, mainly because the company's resources are limited and it can only be developed for a limited market. 20 10 Company has increased its sales in Central China, Northeast China and Northwest China, successfully opened up some customers outside the power system, further expanded its market share and further improved its competitiveness. According to the company's business development plan, the key areas of future business development will be extended to South China with Guangdong Electric Power as the center, Southwest China with Chengdu and Chongqing as the center, and Xinjiang and other regions. The development of China Southern Power Grid market will be strengthened. In the future, the sales scale in other regions will be expanded, and the division of sales regions will tend to be rationalized.
During the reporting period, the company's sales revenue in the power system accounted for more than 50% of the operating income, while the sales in the non-power system gradually picked up after reaching the lowest level in 2008. The change of operating income distribution is the result of the adjustment of the company's sales strategy. For a long time, the company has always regarded the power system as the key marketing object, maintained stable investment, and maintained steady growth in power system sales; Non-power system customers have great differences, great dispersion, difficult collection and high risk of bad debts. In 2007, in order to control financial risks, they contracted their business in this market. With the gradual strengthening of the company's financial strength, the company's marketing efforts to non-power system customers gradually recovered, and sales revenue showed a steady upward trend. In the future, the company will continue to increase investment and further expand the sales scale outside the system. 20 10 Company has successfully opened up some customers outside the power system, with increased sales revenue, expanded market share and further enhanced competitiveness. In 20 10, the sales revenue of the company's products in the power system decreased by14,072,900 yuan, or1.51%compared with the same period of last year. The main reason is that the multi-line construction scheme of UHV power grid has not been implemented, and the investment of State Grid has been reduced to some extent in 20 10. According to statistics, the target investment of State Grid in 20 10 is about 264.4 billion yuan, which is 13.56% lower than that in 2009, and it also affects the operating performance of various transmission and distribution control equipment enterprises. With the increase of investment in UHV construction and power grid in the Twelfth Five-Year Plan, the power transmission and distribution equipment manufacturing industry will usher in a period of rapid development in the next 10 year, and the issuer's reactive power compensation equipment sales will also usher in a period of rapid growth.