SEC Electric Machinery Co Ltd. Stock Analysis 603988.SS

SEC Electric Machinery Co., Ltd. engages in the research, development, manufacture and sale of scale motors, large and medium-sized AC & DC motors. The company is headquartered in Wuxi, Jiangsu and currently employs 815 full-time employees. The company went IPO on 2014-11-04. The firm is primarily engaged in the research and development, production and sales of complete sets of equipment such as Direct Current (DC) motors, medium and high voltage Alternating Current (AC) motors, generators, power supply systems for motor test stations and power supply systems for switch test stations. The firm's products are mainly used in wind power, metallurgy, energy, coal, water conservancy, shipbuilding, cement building materials, petroleum, chemical industry and other fields. The firm conducts its business in the domestic and overseas markets.