Fortune Electric Co., Ltd. Fortune Electric Co., Ltd. (1519.TW) manufactures and markets a broad range of high- and low-voltage electrical equipment for power transmission, distribution, and generation applications; core products include power transformers up to 530kV and 775MVA, distribution transformers, cast resin transformers, amorphous metal core transformers, SF6 gas insulated transformers, metal-clad switchgear, gas-insulated switchgear (GIS), switchgear panels, motor control centers, capacitors, substations, and transmission and distribution apparatus; the company also provides electromechanical project contracting services for substations and power plants, as well as renewable energy electricity sales through subsidiaries. Founded in 1969 and headquartered in Taoyuan City, Taiwan, with manufacturing facilities including Zhongli Plant 1, Guanyin Plants 2 and 3, and a joint venture Hitachi Fortune Transformer Inc. in Taichung for ultra-high voltage production, Fortune Electric serves domestic Taiwan power utilities like Taipower and exports extensively to the Americas, Asia, Australia, and the Middle East, with over 80% of recent exports targeting the US amid AI data center and grid infrastructure demand. Recent developments include approval in 2024 for a new factory construction on self-owned land at TWD 8 million to expand capacity amid surging transformer orders; ongoing negotiations for second-phase US Stargate project orders as the first Taiwanese firm to secure initial contracts; investments of NT$2.5 billion announced in November 2025 for production expansion to address AI infrastructure bottlenecks and supply chain constraints; heightened partnership discussions across Asia due to component shortages and rising regional demand; and earlier milestones such as the 2021 establishment of wholly-owned subsidiary Fortune Energy Technology Co., Ltd. for renewable energy market entry, plus Fortune Electric Australia Pty Ltd. for localized operations.