China's own development of high-voltage inverter equipment breaks the monopoly of foreign companies

On August 21st, Leader Huafu Technology Co., Ltd., which is known as an expert in high-voltage inverter field in China, and Fujian Sanming Iron & Steel (Group) Co., Ltd. signed a sales contract for high-voltage frequency conversion system in Beijing. At this point, this private enterprise sold a total of 100 high-voltage frequency conversion equipment in the past five years. It has become history that foreign companies monopolize the situation in this field in China.
High-voltage and high-power frequency converters are hailed as a pearl in the power electronics technology field and are comprehensive technical products for power electronics technology, computer control technology, communication technology, and motor technology. In the world, there are only Siemens, AB, ABB, Robinson, etc. A few foreign companies have the ability to design and manufacture high-tech products. China has been researching this field for nearly 20 years, but in recent years it has only really achieved mass production.
According to relevant experts, this product has a market demand of nearly 10 billion yuan per year in China. The market sales price of this kind of product developed by ourselves is much lower than the price of similar imported products.