Jiangxi Guoke Defence Group Co Ltd. Stock Analysis 688543.SS

Jiangxi Defense Industry Corp. of China Co. Ltd. engages in the manufacturing, research and development of military weapons and equipment. The company is headquartered in Nanchang, Jiangxi and currently employs 1,138 full-time employees. The company went IPO on 2023-06-21. The firm is mainly engaged in the research and development, production and sales of missile solid engine power and control products and ammunition equipment. The firm's main products include missiles, rocket solid motor power modules, safety and control modules, main ammunition for multiple types of main battle equipment, special ammunition and its fuze and intelligent control products, as well as artillery-fired hail-prevention and rain-increasing bombs products. The firm's products are mainly used in air and anti-missile defense, armored assault, fire suppression, air combat, air surface and ship attack and defense. The firm primarily conducts its businesses in the domestic market.