Fortune Electric: Three Major Growth Drivers for Transformers, Seizing AIDC Opportunities

(Central News Agency reporter Chung Jung-feng, Taoyuan, 12th) Fortune Electric Chairman Hsu Pang-fu pointed out that green energy, Taiwan Power Company's (Taipower) grid resilience plan, and the overseas power infrastructure export market are the three major growth drivers, and the power equipment market is expected to see high growth over the next 5 to 10 years.

Heavy electrical machinery maker Fortune Electric held its shareholders' meeting at its Zhongli headquarters today, approving a cash dividend of NT$11 per share and a stock dividend of NT$1 per share, and also re-elected directors.

Looking ahead to this year's operations, Hsu stated that the company will continue to refine its core business to enhance international competitiveness, use AI-driven smart automation to expand production capacity, accelerate global布局 to develop high-niche markets, and seize opportunities in smart grids, energy transition, net-zero emissions, and AI data centers (AIDC).

Regarding growth drivers for this year, Hsu noted that the power industry is benefiting from the approaching 2050 net-zero emission targets, the continued boom in AI data centers and edge computing AI applications, and cyclical demand for green energy construction, power infrastructure, and power quality improvement. Green energy, Taipower's grid resilience plan, and the overseas power infrastructure export market have become Fortune Electric's three major growth drivers.

Observing the transformer market, Fortune Electric analyzed that the global market for transformers and other power equipment remains in short supply. Although major European and American manufacturers have expansion plans, power construction is a global endeavor, and the power equipment market is expected to maintain high growth for the next 5 to 10 years.

In terms of capacity layout, Fortune Electric stated that it began constructing a fourth power transformer plant in 2025, which was completed in January of this year. In addition to increasing capacity, the company has integrated its complete product line from 11kV to 500kV for production in the most suitable plants to meet delivery time requirements for various voltage levels and capacities.