Suzhou Veichi Electric Co., Ltd. (688698.SS)

CNY 45.75

(3.69%)

Market Cap (In CNY)

9.67 Billion

Revenue (In CNY)

1.3 Billion

Net Income (In CNY)

190.8 Million

Avg. Volume

1.7 Million

Currency
CNY
Country
Industrials
Open
-
Prev. Close
-
Day Range
-
Year Range
19.74-58.99
PE
-
EPS
-
Beta Value
0.475
ISIN
CNE100006BK9
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Industrials
Industry
Industrial - Machinery
CEO
Mr. Zhiyong Hu
Employee Count
-
Website
https://www.veichi.com
Ipo Date
2020-12-29
Details
Suzhou Veichi Electric Co., Ltd. engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally. The company provides a range of electrical products, such as low voltage drives, medium voltage drives, multi-motor drives, four-quadrant inverters, and VFD accessories; servo systems, motion controllers, PLC, and HMI; and solar water pump inverters, solar water pumps, off grid solar inverters, battery test systems, and EV controllers. It also offers industry-specific drives, including construction lifting integrated machines, compressors, hydraulic servo, machine tool, water jet weaving electrical control systems, HVLS fan drives, tension control inverters, drawing machines, and pump drive and motors. The company's products are used in various fields, such as lifting, machine tools, green energy, motion control, petroleum, chemical, ceramics, metal products, wire and cable, plastic, mining, metallurgy, printing and packaging, textile and chemical fiber, metallurgy, coal, municipal, power, and others. Suzhou Veichi Electric Co., Ltd. was founded in 2005 and is headquartered in Suzhou, China.

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