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Close of 9 Nov 2026, in HKD
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About Northeast Electric Development Co
Its shares trade on HKEX under the ticker 42.HK. It has been listed since 6 July 1995. In the fiscal year to 31 December 2024, it reported revenue of CN¥156.4m and a net loss of CN¥10.1m.
Northeast Electric Development Co., Ltd. is an investment holding company, which engages in the manufacture and sale of power transmission equipment and related accessories. The company is headquartered in Haikou, Hainan. The Company’s main products include power capacitors, closed bus-bars and high-voltage switch combined electric appliances, among others. The Company’s products are applied in power systems in order to improve the voltage quality of power systems and the transmission power of transmission lines. The firm distributes its products in domestic market, with northeast area of China and North China as its main markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Electrical Equipment
- Listed since
- 6 Jul 1995
- Employees
- 307
- Website
- nee.com.cn ↗
Leadership
Pay as last reported
- Mr. Zhaozhao DangChief Financial Officer
- Mr. Jishi DingExecutive Director, Board Secretary, since 2023
- Mr. Hongjie MiExecutive Director, since 2021
- Mr. Duoxu ShangExecutive Director, since 2021
- Mr. Yiping ChenJoint Company Secretary
- Ms. Yun MaDirector
- Mr. Guangrong FangNon-Executive Independent Director
- Mr. Zhengning LiNon-Executive Independent Director
- Mr. Hongyu WangNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Northeast Electric Development Co Ltd manufactures power capacitors and high-voltage switch combined electric appliances.
- The company employs 307 full-time employees in Haikou, Hainan, China.
- Its main markets are the northeast area and North China for power transmission equipment.
Weaknesses
- The company focuses solely on domestic market without international expansion plans.
- Northeast Electric Development Co Ltd has no presence in global markets or overseas distribution channels.
- It relies on the northeast area and North China for its primary sales, limiting market diversity.
Opportunities
- The growing demand for power transmission equipment in China's northeast region presents new opportunities.
- Expanding into North China's power system upgrades could increase market share.
- The company can leverage its expertise in power capacitors for new domestic projects.
Threats
- Competition from other Chinese electrical equipment manufacturers in the domestic market.
- Rising material costs for manufacturing power transmission equipment could impact profitability.
- Economic slowdown in North China may reduce demand for power system upgrades.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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