China Power Equipment Inc
Share |

About Us

Welcome to China Power Equipment, Inc.

China Power Equipment, Inc., (OTCBB: CPQQ) is a U.S. corporation, which through its wholly-owned subsidiary, An Sen (Xi'an) Power Science & Technology Co., Ltd. and its affiliated operating company, Xi'an Amorphous Zhongxi Transformer Co., Ltd., designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy core electricity transformers in the People's Republic of China. The company currently manufactures 59 different products, primarily amorphous alloy cores and amorphous alloy core transformers. The company’s operations, which began in 2004, are located in Xi'an, China.

Factory Photo The company’s products deliver much needed energy efficiency to the Chinese national grid. Its typical transformer consumes 70% less electricity to operate (at no load) than traditional transformers. Its products generate fewer pollutants, while retaining more electricity. The company’s growth is driven by the Chinese government’s encouragement to use and upgrade to energy-efficient amorphous alloy core transformers.

The company’s sales for the year ended December 31, 2010, were $30 million, up from $ 24 million in 2009. In the same time period, net income grew to $5.5 million from $4.2 million.