The Investment Decision Research Of EHV AC-DC Transformer Technology Reconstruction Project Of TBEA Hengyang Transformer Co., Ltd.

With the rapid development of Chinese economy, enterprises are facing more andmore intense competition and complicated investment environment. How to do projectinvestment analysis and make the most scientific investment decisions to achieve thebest economic and social benefits is particularly important. Therefore, a scientificassessment before investing a Technology reconstruction project can provide basis forthe investors and policy makers to make scientific decisions.This article takes EHV AC-DC Transformer Technology Reconstruction Projectof TBEA Hengyang Transformer Co., Ltd. as an example, uses project investmenttheory and financial evaluation theory to analyze the project. This article is dividedinto five parts. The first part is introduction that mainly analyzes the researchbackground and meaning of this article, and describes the related literature aboutprojects investment. The second part introduces TBEA Hengyang Transformer Co.,Ltd. and basic background of this project. Starting from the current situation of theEHV AC-DC Transformer Technology Reconstruction Project of TBEA HengyangTransformer Co., Ltd., we analyze the current situation and problems of technologyand deeply describe the necessity of this reform project. Then, we do the productmarket forecasting and propose the project construction scale, production programsand original design, and the competitor analysis is also included in this part. Theproject scheme contains technology process, civil engineering construction,transportation, water and drain system, fire fighting system, ventilation andair-conditioning system, environmental protection, safety and health analysis. Theconclusion of design analysis is that the project is technically feasible. The third partanalyzes the project from the view of the financial evaluation and the uncertaintyanalysis, and it describes the comprehensive benefits of the project. The fourth part isthe risk analysis which analyzes the possible risks and proposes the related measuresto avoid the risks. The final part is conclusion that the project will have goodeconomic and social benefits and it is worth to invest.This article hopes to provide guidance to other project investment of TBEAHengyang Transformer Co., ltd. from the empirical research on the technology reformproject, so as to avoid ricks and improve economic benefits, also solid the theoreticalbasis for long-term development of TBEA Hengyang Transformer Co., Ltd. Meanwhile, the conclusion has a scientific reference and guidance for the projectdecisions and project management of other corporations, also has a certain practicalsignificance.