In the past year, China Tengyi Electric Factory achieved an impressive sales revenue of $82 million, with export sales amounting to $50 million across 69 countries. This accomplishment underscores our strong presence and competitiveness in the global market.

The United States emerged as our largest export market, with an export value of $25 million. Our primary business involves providing OEM processing services for international transformer brands and local utility companies, focusing on products such as American transformers, overhead single-phase transformers, and main transformers rated at 110-330kV.

Following closely is Ukraine, where the demand surged due to the impact of the ongoing conflict, resulting in a complete overhaul of the national power grid. Our factory supplied $16.74 million worth of main and distribution transformers to meet this urgent need.

Honduras ranks third, with an export value of $3.26 million, driven by the necessity to update the local power grid due to discrepancies between industrial and residential electricity demands. We are committed to addressing this requirement promptly.

Additionally, significant sales figures were recorded in Canada, Uzbekistan, Tajikistan, Turkey, Mongolia, and Kyrgyzstan, each with revenues around $10 million. Notably, Turkey has relied on us for OEM processing services due to high demand from European orders.

Other notable export markets include Mexico, South Africa, Russia, the Philippines, Myanmar, Iraq, Japan, Australia, Aruba, Zimbabwe, and Vietnam.

In 2024, our diverse export cases further solidify China Tengyi Electric Factory’s capability in transformer production and our ability to meet the varying voltage standards and requirements of countries worldwide. We look forward to fostering collaborations with nations globally to advance the development of the electric power sector.