Harbin Electric Corporation Jiamusi Electric Machine Co Ltd. Stock Analysis 000922.SZ

Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd. engages in manufacturing and maintenance of motors and shielded motors and pumps, development and technical services of motors and explosion-proof electrical technologies. The company is headquartered in Jiamusi, Heilongjiang and currently employs 1,952 full-time employees. The firm's main products include explosion-proof motors, lifting motors, metallurgical motors, mining motors, synchronous motors, nuclear motors, electric pumps, fans, compressors, shielded motors/pumps, ordinary motors, permanent magnet motors and direct current (DC) motors. The firm is also engaged in energy-saving transformation, remanufacturing and repair and maintenance of motors. Its products are applied in industries such as machinery and coal, petrochemical, lifting and metallurgy, water conservancy and electricity, aerospace, pipeline transportation and ship, as well as national key construction projects such as nuclear power plants. The firm mainly distributes its products within domestic market.