Ningxia Guoyun New Energy Co Ltd. Stock Analysis 000595.SZ

Ningxia Guoyun New Energy Co., Ltd. engages in the production and sale of bearings, marine electrical appliances and automobile front axles. The company is headquartered in Yinchuan, Ningxia and currently employs 215 full-time employees. The firm conducts its business through two segments. The Mechanical Parts Business segment is mainly engaged in the production and sales of bearings and marine electrical appliances. The Other Business segment is engaged in the provision of demagnetization power cabinets and repair services and commercial factoring. Its bearing products are mainly used in the fields of petroleum machinery, metallurgical rolling mills, heavy-duty vehicles, rail transportation, railway trucks and others. Marine electrical products are mainly used in ships. The firm mainly conducts its business in the domestic market and overseas markets.