Jinpan secures $60M orders from China

Jinpan International Ltd. secured five large domestic China orders in January 2011. Each order is between US$ 0.95 million and US$ 1.6 million, totaling approximately US$ 6.0 million.  The orders are all scheduled for delivery between March and June of 2011. 

Jinpan is a leading designer, manufacturer, and distributor of cast resin transformers for voltage distribution, today announced that it

Three of the five orders totaling US$3.9 million are for transformers and switchgears customized for plants manufacturing

polysilicon for solar panels.  The remaining two orders  totaling US$ 2.1 million are for customized transformers for other industrial and infrastructure applications.


"We are glad to see strong demand in China for our products in January.  Jinpan has consistently outperformed its competitors in supplying cast resin transformers to polysilicon manufacturers in China.  We intend to grow domestic sales this year by selling new higher value products and extending the application of our core cast resin transformer and switchgear product lines into new sectors," commented Mr. Zhiyuan Li, Chief Executive Officer of Jinpan.