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Toshiba celebrates the opening of Second factory (Expansion) in Henan Pinggao Toshiba High Voltage-Switchgear Co., Ltd.

02 November, 2007

Toshiba Group enhances power transmission system business in China

Tokyo and Henan Province, China--Toshiba Corporation announced that Henan Pinggao Toshiba High Voltage-Switchgear Co., Ltd. (hereinafter “PTC"), a joint venture company between Toshiba and Henan Pinggao Electric Co., Ltd. in China, today celebrated the opening of its second factory which started construction since October 2006.

PTC, located in Pingdingshan City, Henan Province, was established in September 2000 by Toshiba and Pinggao Electric. The joint venture manufactures gas insulated switchgears (GIS) for 72.5kV(kilovolt) to 550kV through the introduction of Toshiba's latest technology including manufacturing control system and quality assurance program.

China's economic growth is stimulating demand for electricity and recent construction of power generation stations, especially in the coastal regions of Shanghai and Guangzhou. As the transmission network is rapidly reinforced to secure reliable electricity supply, demand is growing for GIS which brings high level reliability to stable transmission. PTC is meeting this demand with its new manufacturing facility.

Toshiba will expand Chinese business and contribute to the construction of a reliable power transmission network by supporting PTC in introducing the latest technologies.

Outline of Henan Pinggao Toshiba High-Voltage Switchgear Co. Ltd.
Established : September, 2000
Start of Operation : March, 2002
Capital : 25million dollar (US$)
Investment ratio : Toshiba 50%, Henan Pinggao Electric Co. Ltd., 50%
Location : Jianshe East Road, Pingdingshan city, Henan province, China
Chairman : Zhang Chun Ren
President : Yasufumi Murayama
Employee : 400 people (Oct. 2007)
Factory area : 152,000m2
    (First factory: 48,000 square meters, Second factory: 104,000 square meters)
Building area : 36,000m2
    (First factory: square meters, Second factory : 15,000square meters)
Business : manufacture, sales, service and maintenance of gas insulated switchgear (GIS) and Dead Tank Gas Circuit Breaker in 72.5kV to 550kV

Outline of Henan Pinggao Electric Co. Ltd.
Established : July, 1999
Start of Operation : July, 1999
Capital : 365,170,000(RMB)
Location : Nanhuan East Road 22, Pingdingshan city, Henan province, China
Chairman : Han Hai Lin

About Gas Insulating Switchgear (GIS)

A generic name for gas-based (sulfur hexafluoride; SF6 gas) switchgear system equipment, including the breaker, disconnector and bus system. GIS has excellent performance, reliability and operating life compared with conventional air- or oil-based switchgear equipment.

Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement,but is subject to change without prior notice.

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