Liaoning Yifa Electric Equipment Co.

What Liaoning Yifa Electric Equipment Co. does

Liaoning Yifa Electric Equipment Co. (LEEEC, 辽宁易发式电气设备有限公司) is a privately held Chinese manufacturer of high-voltage and ultra-high-voltage power transmission equipment, founded in October 1994 and headquartered in Liaoyang, Liaoning Province. The company designs and builds oil-immersed power transformers up to 370MVA/500kV, epoxy-resin dry-type transformers up to 3.15MVA/35kV, American- and European-style box-type transformers, mobile (trailer-mounted) substations, and prefabricated modular substations with 3-month factory production cycles and 30-70% footprint reduction versus conventional substations. Manufacturing is supported by 669 production equipment sets, of which 411 are world-class units imported from the US, UK, Germany, Italy, and Portugal, on a 64,000 sqm campus with 33,528 sqm of building area; the company holds ISO9001/14001/45001 since 2007 plus KEMA, ASTA, CTQC, SGS, VEIKI-VNL, TÜV Rheinland, and multilateral certifications from 17 countries.

LEEEC's revenue model is project-based hardware sales plus EPC contracting. Direct enterprise sales target State Grid Corporation of China, the five major Chinese power generation groups (China Huaneng, Huadian, Guodian, Datang, China Power Investment), and Belt and Road utility customers, supplemented by export sales through EPC contractors (China Hydropower Construction Group, ANDRITZ, ABB India/Nigeria, Danieli) and a wholly-owned Saudi Arabia office in Dammam. Approximately 1,000 power transformers have been exported to 70+ countries over two decades. Vertical integration is provided by two wholly-owned subsidiaries: EFC International Engineering Co., Ltd. (est. 2013, Beijing) which executes overseas EPC contracts, and Shenyang Electric Power Design and Research Institute Co., Ltd. (acquired 2017) which supplies engineering design for transmission and transformation projects. Total assets stand at 1.05 billion yuan with 100 million yuan registered capital, and a workforce of approximately 310 employees as stated on the company website (note: this is materially higher than the 51-100 figure listed in the firm's firmographic record).

The company is in an active capital investment cycle: a 500kV ultra-high-voltage transformer factory broke ground in August 2025, a power transformer capacity expansion project was launched in January 2025, a new box-type transformer workshop was topped out in July 2024, and the company received Intertek "Satellite Program" laboratory qualification in 2024, signaling a strategic push up the voltage class curve and into higher-value EPC turnkey work.

Name

Liaoning Yifa Electric Equipment Co.

Legal name

Liaoning Yifa Electric Equipment Co., Ltd. (辽宁易发式电气设备有限公司)

Website

https://leeec.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Power Transformer Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531)

SIC

Power, Distribution & Specialty Transformers (3612), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)

akta.pro secondary industries

Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK)

Keywords

• Power transformer manufacturing
• High voltage transformers
• Mobile substations
• Prefabricated substations
• Electrical equipment EPC

Headquarters

HQ city

Liaoyang

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Power Transformer Sales: Sale of high-voltage, ultra-high-voltage power transformers (330kV, 220kV, 110kV, 66kV voltage levels) to utilities, power companies, and industrial customers. Revenue is generated through one-time equipment sales with typical project-based procurement cycles.
2. Dry-Type Transformer Sales: Sale of epoxy resin cast dry-type transformers up to 3.15MVA/35kV capacity. Sold primarily to domestic large enterprises and as auxiliary products for power transformers exported abroad.
3. Box-Type Transformer Sales: Sale of American and European style box-type transformers for urban power grid renovation, residential areas, industrial parks, factories, airports, oil fields, ports, and highways.
4. Mobile Substation Sales: Sale of mobile substations mounted on trailers for emergency power, maintenance power, temporary power, and building power applications.
5. Prefabricated Substation Sales: Sale of prefabricated substations with modular design for rapid deployment in urban central areas, coal and petroleum industries, and new energy industries including photovoltaic and wind power.
6. EPC Engineering Projects: Non-construction engineering overseas contracting projects (EPC工程项目). Company signed EPC contracts with Pakistan, Nigeria, Armenia, Zambia, Philippines, Solomon Islands and other countries. EFC International Engineering Co., Ltd. handles engineering projects.
7. Engineering Design Services: Engineering design services for power transmission and transformation projects. Company acquired Shenyang Electric Power Design and Research Institute Co., Ltd. in 2017 to support technical capabilities for engineering projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Liaoning Yifa Electric Equipment Co. (LEEEC) manufactures and supplies high-voltage and ultra-high-voltage power transformers (330kV to 66kV voltage classes), dry-type transformers (up to 3.15MVA/35kV), mobile substations, prefabricated substations, and American/European-style box-type transformers. The company also executes overseas EPC engineering and contracting projects for power transmission and distribution infrastructure, supplying utilities, power generation companies, industrial customers, and EPC contractors across domestic China and more than 70 international markets.

Product overview

Liaoning Yifa Electric Equipment Co. (LEEEC) manufactures high-voltage and ultra-high-voltage electrical power equipment, primarily serving the power transmission and transformation industry. The product portfolio centers on five core transformer products: power transformers (330kV to 66kV voltage classes), dry-type transformers (up to 3.15MVA/35kV), mobile substations, prefabricated substations, and box-type transformers (American and European styles). The company also offers EPC engineering project services and design services, supported by an in-house R&D center. Products serve domestic power grids across 20+ Chinese provinces and export to 70+ countries worldwide. The company operates 669 sets of production equipment including 411 imported world-advanced units from 11 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Transformers (电力变压器) High-voltage and ultra-high-voltage oil-immersed power transformers ranging from 330kV to 66kV voltage classes, including 200MVA/330kV autotransformers, 300MVA/230kV units, and 40MVA/66kV models, with reduced partial discharge, anti-leakage design, noise reduction below 68dB, and sudden short-circuit resistance. Sold to utilities and EPC contractors for power transmission and distribution infrastructure.
• Dry-Type Transformers (干式变压器) Epoxy resin-cast dry-type transformers rated up to 3.15MVA/35kV with fire resistance, moisture resistance (100% humidity operation), maintenance-free operation, low loss, low partial discharge, low noise, high mechanical strength, and short-circuit resistance. Sold primarily to domestic large enterprises and as auxiliary products for power transformers exported abroad.
• Mobile Substations (移动变电站) Portable substations transported on two trailers, integrating transformers, primary/secondary protection and control equipment. Features compact structure, small size, lightweight, vibration-resistant design for road transport with deployment speed exceeding 60 km/h on good roads. Used for emergency power, maintenance power, temporary power, and building power applications.
• Prefabricated Substations (预装式变电站) Pre-assembled substations with three modular units (high-voltage, main transformer, low-voltage) for rapid deployment in urban central areas, coal and petroleum industries, and new energy industries including photovoltaic and wind power. Features 30%-70% smaller footprint than conventional substations, 30-year non-corrosion and 60-year service life with six-layer anti-corrosion treatment, and 5%-10% investment savings.
• Box-Type Transformers (箱式变压器) Box-type transformers available in American and European styles for urban power grid renovation, residential areas, industrial parks, factories, airports, oil fields, ports, and highways. American type features low loss, low noise, long lifespan with integrated automation. European type offers high integration of HV, transformer, and LV equipment with five-proof functions.
• EPC Engineering Projects (对外承包工程) Non-construction engineering EPC (Engineering, Procurement, Construction) projects for overseas markets including power transmission and transformation infrastructure. Signed EPC contracts with Pakistan, Nigeria, Armenia, Zambia, Philippines, Solomon Islands and other countries. EFC International Engineering Co., Ltd. handles engineering projects.
• Design Services (设计服务) R&D center specializing in design of power transformers, distribution transformers, box-type transformers, mobile and prefabricated substations. Shenyang Electric Power Design and Research Institute Co., Ltd. acquired in 2017 provides design capabilities for power transmission and distribution projects.

Quantifiable outcome

• Noise level can be lower than 68dB with vibration damping and sound insulation technology
• +5 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

40 partnerships are on record, tiered core, major and minor.

• Shenyang Electric Power Design and Research Institute Co., Ltd. (沈阳电力设计研究院有限公司)coreStrategic or Co-development Partner · 1 January 2017Acquired in 2017 to enhance technical support capabilities for engineering projects. Provides design capabilities for power transmission and distribution projects.
• EFC International Engineering Co., Ltd. (北京伊法思国际工程有限公司)coreStrategic or Co-development Partner · 1 January 2013Wholly-owned subsidiary established in Beijing Yizhuang Economic Development Zone in 2013 to specialize in international engineering contracting projects. Handles EPC contracts including projects in Pakistan, Nigeria, Armenia, Zambia, Philippines, and Solomon Islands.
• State Grid Corporation of China (国家电网)majorChannel Partner/ Reseller/ DistributorMajor domestic customer for power transformers including 110kV transformer supply contracts for Fujian and Hunan provinces. Multiple bidding wins for State Grid projects.
• China Hydropower Construction Group International Engineering Co., Ltd. (中国水电建设集团国际工程有限公司)majorChannel Partner/ Reseller/ DistributorEPC contractor for Ethiopia project, supplied 230kV, 132kV, 33kV, 15kV transformers. Major international project partnership.
• ANDRITZ (China) Co., Ltd. (安德里茨(中国)有限公司)majorChannel Partner/ Reseller/ DistributorInternational engineering company, supplied 115kV transformers for Vietnam project. Long-term partnership for various transformer supply contracts.
• Solomon Islands Power Authority (所罗门群岛电力局)majorChannel Partner/ Reseller/ DistributorTurnkey project for 33kV substation in Solomon Islands. Complete EPC delivery including design, supply, and installation.
• Kenya Power Generation CorporationmajorChannel Partner/ Reseller/ DistributorSupplied 143kV power transformers for Kenya power generation projects.
• ZTE Energy (中兴能源)majorChannel Partner/ Reseller/ DistributorPartnership in 2016 to export 20 American box-type transformers to Pakistan for Belt and Road Initiative project.
• ZESCO Zambia Power CompanymajorChannel Partner/ Reseller/ DistributorSupplied OSFSZ200MVA/330kV power transformers for Ghana project, successfully operating.
• Saudi Electricity Company (SEC) (沙特电力公司)coreChannel Partner/ Reseller/ DistributorMajor customer, signed 28.5 million yuan power transformer purchase contract in March 2021. Jeddah 11395 transformer project successfully powered on June 2025. SEC leadership visited the company in April 2024.
• Jordan Power Company (NEPCO)majorChannel Partner/ Reseller/ DistributorLong-term customer for power transformer supply in Jordan.
• Ukraine Power CompanymajorChannel Partner/ Reseller/ DistributorLong-term customer for power transformer supply in Ukraine.
• Kyrgyzstan State Grid CompanymajorChannel Partner/ Reseller/ DistributorLong-term customer for power transformer supply in Kyrgyzstan. Prefabricated substation supplied for Naryn Campus of Kyrgyz Chinese University in 2015.
• ABB India CompanymajorChannel Partner/ Reseller/ DistributorInternational customer for power transformer supply in India market.
• ABB sro (Nigeria)majorChannel Partner/ Reseller/ DistributorInternational customer for power transformer supply in Nigeria market.
• Vietnam Kunha Hydropower Co., Ltd. (越南坤哈水电股份有限公司)majorChannel Partner/ Reseller/ DistributorSupplied 115kV transformers for hydropower project in Vietnam.
• Danieli (China) Co., Ltd. (达涅利(中国)有限公司)majorChannel Partner/ Reseller/ DistributorSupplied 230kV and 18kV transformers for Iran project.
• China Energy Engineering Group (中国能建)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power equipment projects.
• China Guodian (中国国电)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power generation equipment.
• China Power Investment Corporation (中电投集团公司)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power investment projects.
• China Huadian Corporation (中国华电集团有限公司)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power generation equipment.
• China Huaneng Group (中国华能集团有限公司)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power generation equipment.
• Datang International Power Generation Co., Ltd. (大唐国际集团)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power generation equipment.
• Angang Group (鞍钢集团)minorChannel Partner/ Reseller/ DistributorIndustrial customer for power supply equipment.
• Tonghua Iron and Steel Group Co., Ltd. (通化钢铁集团有限责任公司)minorChannel Partner/ Reseller/ DistributorIndustrial customer for power supply equipment.
• Jilin Province Local Hydropower Co., Ltd. (吉林省地方水电有限公司)minorChannel Partner/ Reseller/ DistributorRegional hydropower utility customer for power transformers.
• National Electric Power Investment Corporation (国家电力投资集团有限公司)majorChannel Partner/ Reseller/ DistributorMajor domestic partner and customer for power investment projects.
• Jianglian Heavy Industry (江联重工)minorChannel Partner/ Reseller/ DistributorIndustrial partner for heavy equipment projects.
• Beijing Zhonglian Tongda Electrical Equipment Systems Co., Ltd. (北京中缆通达电器成套有限公司)minorChannel Partner/ Reseller/ DistributorPartner for electrical equipment systems.
• OTCminorChannel Partner/ Reseller/ DistributorInternational partner for power equipment projects.
• Ghana Electric Power Company (加纳电力公司)majorChannel Partner/ Reseller/ DistributorSupplied OSFSZ200MVA/330kV power transformers successfully operating in Ghana.
• SN ABOITIZ Power Group (Philippines) (SN ABOITIZ 电力集团)majorChannel Partner/ Reseller/ DistributorInternational power group partnership for Philippines market.
• Armenia High Voltage Grid Company (亚美尼亚高压电网公司)majorChannel Partner/ Reseller/ DistributorEPC contract signed for Armenia power grid projects.
• Office National de l'Electricité et de l'Eau Potable Morocco (ONEE-BE)majorChannel Partner/ Reseller/ DistributorMorocco national electricity and water utility partnership.
• Laos Electric Power Company (老挝电力公司)majorChannel Partner/ Reseller/ DistributorLong-term partnership for Laos power infrastructure projects.
• Panama Springs International Trading Company (巴拿马源泉国际贸易公司)minorChannel Partner/ Reseller/ DistributorTrading partner for Panama market.
• Dzigudegan Hydropower Company (吉恰干水电站公司)minorChannel Partner/ Reseller/ DistributorHydropower project partnership.
• Intertek (天祥集团)coreTechnology or IntegrationLong-term quality testing partnership. Awarded 'Satellite Program' laboratory qualification for power transmission and distribution products in January 2024, marking deepened cooperation.
• Shenyang Haiwei Power Equipment Co., Ltd. (沈阳海为电力装备股份有限公司)minorStrategic or Co-development Partner考察团 visited the company in April 2021 for exchange and potential cooperation in power equipment manufacturing.
• Jingtong Power Co., Ltd. (精通电力股份有限公司)minorStrategic or Co-development PartnerVisited the company in October 2020 for business negotiations and expressed willingness for deeper cooperation.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• TBEA Co., Ltd. (特变电工): China's largest transformer manufacturer and one of LEEEC's primary domestic competitors. TBEA produces power transformers, EHV/UHV transformers, and EPC packages for utilities including State Grid and exports globally — directly comparable product portfolio, customer base, and Chinese SOE bidding environment.
• China XD Electric Co., Ltd. (中国西电): State-owned Chinese power equipment conglomerate manufacturing power transformers up to UHV class and EHV switchgear, serving State Grid, China Southern Power Grid, and international EPC contractors. Directly comparable product scope in power transformers and substation equipment and a fellow Chinese SOE supplier competing in the same domestic bids.
• Baoding Tianwei Baobian Electric Co., Ltd. (保定天威保变电气): Major Chinese power transformer manufacturer with capabilities up to 1000kV UHV class. Competes head-to-head with LEEEC in State Grid and Chinese SOE tenders, with comparable voltage class coverage (110kV–500kV) and similar export orientation.
• Shandong Power Equipment Manufacture Co., Ltd. (山东电力设备): Chinese transformer manufacturer producing power and distribution transformers, including 110kV–500kV classes, serving State Grid and provincial grids. Direct competitor in domestic Chinese transformer tenders with overlapping voltage-class portfolio.
• Efacec Power Solutions: Portuguese transformer and power solutions manufacturer historically partnered with LEEEC (company DBA includes 'Liaoning Efacec Electrical Equipment Co., Ltd.' per source). Directly comparable product portfolio in power transformers and substations with shared history as a former joint-venture partner — a particularly relevant comparable given their prior business linkage.

Broad incumbents

• Hitachi Energy (formerly ABB Power Grids): Global market leader in power transformers and grid solutions up to UHV, serving utilities and industrial customers worldwide. LEEEC has supplied ABB India and ABB Nigeria, positioning Hitachi Energy as both a customer-channel partner and the dominant global incumbent LEEEC competes against on large international tenders.
• Siemens Energy (Transformer business): Global power transformer manufacturer covering distribution through UHV classes, with EPC and grid integration capabilities. Represents a top-tier global incumbent LEEEC encounters in international EPC tenders, particularly for utility-scale substation projects in Middle East and Africa.
• Toshiba Energy Systems & Solutions Corporation: Japanese power transformer manufacturer with global utility customer base, producing transformers up to UHV class. Comparable as a broad incumbent that LEEEC encounters in international tenders, particularly in Asia-Pacific markets.

Regional players

• HD Hyundai Electric (formerly Hyundai Heavy Industries Electric): Korean manufacturer of power transformers up to UHV class, supplying Asian and Middle Eastern utilities. Comparable in voltage class coverage and serves overlapping customer segments (e.g., SEC, GCC utilities) as LEEEC, though primarily competing from a Korean base.

Emerging players

• WEG Industries (Transformers business): Brazilian industrial conglomerate with growing power transformer manufacturing capability serving Latin American, African, and Asian utilities. Competes with LEEEC in selected emerging-market transformer and substation tenders, particularly in Belt and Road geographies where both firms are growing share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/leeec

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liaoning Yifa Electric Equipment Co.