China XD Electric Co Ltd. Stock Analysis 601179.SS

China XD Electric Co., Ltd. engages in the design, research, development, manufacture and distribution of power transmission, distribution and control equipment. The company is headquartered in Xi'An, Shaanxi and currently employs 8,922 full-time employees. The company went IPO on 2010-01-28. The firm's main business includes research and development (R&D), design, manufacturing, sales, testing, complete sets of related equipment, technical research, services and engineering contracting for power transmission, distribution and control equipment. The firm's leading products include high-voltage switches with voltage levels of 110kV and above, power transformers, converter transformers, smoothing reactors, shunt reactors, power capacitors, transformers, insulators, bushings, zinc oxide arresters, direct-current transmission converter valves, and others. The firm's products are sold to domestic and foreign markets.