WuXi Xinje Electric Co Ltd. Stock Analysis 603416.SS

Wuxi Xinje Electric Co., Ltd. engages in the development, production, and sale of industrial automation control products. The company is headquartered in Wuxi, Jiangsu and currently employs 2,670 full-time employees. The company went IPO on 2016-12-21. The firm mainly produces four types of products. The programmable lagic controller products mainly include XF series, XS series, XA series, XD series, XL series, and XG series. The drive system products include DS5 series servo drives, MS6 series servo motors, DP3 series stepper drives, and VH series frequency converters. The human machine interface products mainly include industrial touch screens and text displays. The intelligent device products mainly include machine vision and industrial robots represented by robotic arms. The firm's products are applied in markets such as printing and packaging, glass machinery, woodworking machinery, textile machinery, photovoltaic equipment, electricity, petrochemicals, oil and gas and automobiles.