Schneider Electric China enters into a new partnership in the Medium Voltage Vacuum Circuit Breaker field

施耐德电气（中国）涉足中压真空断路器领域

Beijing, China, February 15, 2006 - Schneider Electric’s (Euronext: SCHN) main Chinese subsidiary, Schneider Electric China Investment Ltd. and Shaanxi Baoguang Group have signed today an agreement for the formation of a new Joint Venture dedicated to the manufacturing and distribution of Medium Voltage Vacuum Circuit Breakers.

北京2月15号讯—今天，施耐德电气中国的主要子公司—施耐德电气中国投资有限公司，与陕西宝光（音译）集团签署了一份协议，成立新的致力于生产和销售中压真空断路器的合资公司。

This new Joint-Venture, will be named Schneider (Shaanxi) Baoguang Electrical Apparatus Co. Ltd. (SSBEA) and will be incorporated in the city of Baoji (Shaanxi Province) as soon as the customary conditions precedent and regulatory approvals are satisfied. Schneider Electric will own a 70% interest in the company while Shaanxi Baoguang Group will hold the remaining 30%.

这个新合资公司将起名施耐德（陕西）宝光电气设备有限公司（SSBEA），而且在前期所需条件具备和调整批准通过之后定陕西省的宝鸡市为公司所在地。施耐德电气将持合资公司70%的股份，陕西宝光集团则持余下的30%股份。

Russell Stocker, Executive Vice President, Schneider Electric Asia Pacific Operating Division, commented: “This new partnership is at the crossroad of several aspects of Schneider Electric’s strategy. It will be a new growth engine in China (the biggest market in the world for Medium Voltage apparatus), while contributing to the widening of Schneider Electric’s Medium Voltage line-up for Building and Energy markets.”

施耐德电气亚太运营部执行副总裁Russell Stocker评论说：“这次新合作关系是施耐德电气战略中某些方面的重要选择。它将成为中国这个世界上最大的中压设备市场的一个新增长工程，同时有助于施耐德电气扩大其在建筑和能源领域的中压产品线。”

The Joint Venture will focus primarily on the Chinese market by offering a new range of cost-competitive products addressing local market needs, but might also supply other Schneider Electric countries when suitable in order to extend their own market coverage. SSBEA is expected to generate, on a pro-forma basis, annual revenues of around €20m on a full year basis.

合资公司在中国的市场主要致力于提供一系列新型有价格竞争力的产品以满足当地市场的需要，但也有可能在合适的时候供应施耐德在其他国家的公司，以扩大他们的市场占有率。SSBEA预计全年基本产值约为2千万欧元。

About Schneider Electric

Schneider Electric is the world's power and control leader. Through its world-class brands,

Merlin Gerin, Square D and Telemecanique, Schneider Electric manufactures and markets a comprehensive range of products and services for the residential, buildings, industry, energy and infrastructure markets. Schneider Electric has 85,000 employees worldwide, operations in 130 countries and recorded sales of €10.4 billion in 2004 through the 13,000 sales outlets of its distributors.

关于施耐德电气

施耐德电气公司是全球电力与控制的领导者。通过旗下三大国际著名品牌，Merlin Gerin（梅兰日兰）、Square D（美商实快电力）和Telemecanique（TE电器），施耐德电气公司为能源与基础设施、工业、建筑及民用住宅等市场提供着系列齐全的优质产品及服务。施耐德电气2004年全球销售额为104亿欧元，在全世界130个国家拥有85, 000名员工以及13，000多个销售点。

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