Ningbo Boway Alloy Material Co Ltd. Stock Analysis 601137.SS

Ningbo Boway Alloy Material Co., Ltd. engages in the research and development, manufacture and sale of non-ferrous alloy materials, solar cells components, construction and operation of photovoltaic power stations. The company is headquartered in Ningbo, Zhejiang and currently employs 6,104 full-time employees. The company went IPO on 2011-01-27. The firm operates its businesses through two segments. The New Materials segment is engaged in the research, development, production and sales of non-ferrous alloy rods, wires, strips and precision filaments, which are used in 5th generation mobile networks (5G) communications, semiconductor chips, smart terminals and equipment, automotive electronics, high-speed rail, aerospace and other industries. The New Energy segment is mainly engaged in the research and development, production and sales of solar cells and components, as well as the construction and operation of photovoltaic power stations. Its main products are monocrystalline silicon cells and components. The firm mainly operates its businesses in the domestic market and overseas markets.