Miracle Automation Engineering Co Ltd. Stock Analysis 002009.SZ

Miracle Automation Engineering Co., Ltd. engages in the manufacture and sales of automation equipment. The company is headquartered in Wuxi, Jiangsu and currently employs 2,088 full-time employees. The company went IPO on 2004-06-29. The firm operates four segments. The Intelligent Equipment Business segment is engaged in providing system solutions for the design, manufacturing, installation, debugging and operation and maintenance of automobile manufacturing equipment. The Lithium Battery Recycling Business segment is engaged in lithium battery recycling, lithium battery remanufacturing, and ternary lithium battery and iron lithium battery recycling. The Heavy Machinery Business segment is engaged in the research and development, production and sales of heavy equipment castings. The Recycling Equipment Business segment includes recycling equipment business and scrapped car recycling and reuse business. The firm conducts its business in the domestic and overseas markets.