Henan Pinggao Electric Co Ltd. Stock Analysis 600312.SS

Henan Pinggao Electric Co., Ltd. engages in the research, development, manufacturing and sales of high-end switchgear, control equipment and accessories such as high voltage, ultra-high voltage and ultra-high voltage, technical services, technical consulting and import and export business of the company's self-produced products and related technologies. The company is headquartered in Pingdingshan, Henan and currently employs 4,848 full-time employees. The company went IPO on 2001-02-21. The firm's business scope covers the research and development, design, manufacture, sale, testing, related equipment sets, services and engineering general contracting of power transmission and distribution equipment and its core components, and develops new businesses such as operation and maintenance, new energy, charging piles, smart terminals, electric boilers and thermal energy storage, offshore wind power grid-connected equipment, and smart grid equipment. The core business is the research and development, manufacture, sale and service of high-voltage, ultra-high-voltage and ultra-high-voltage Alternating Current (AC) and Direct Current (DC) switchgear. The main products are 72.5～1100kV SF6 gas-insulated enclosed switchgear (GIS/H-GIS), and others. The firm sells its products in the domestic market and overseas markets.