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Suzhou West Deane New Power Electric Co 603312.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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31.37

-3.18%

Close of 9 Nov 2026, in CNY

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About Suzhou West Deane New Power Electric Co

Its shares trade on Shanghai under the ticker 603312.SS. It has been listed since 11 January 2024. In the fiscal year to 31 December 2025, it reported revenue of CN¥2.78bn and net income of CN¥260.8m. At that date it held total assets of CN¥2.80bn and shareholders' equity of CN¥1.78bn.

Suzhou West Deane New Power Electric Co Ltd is a CN-based company operating in Electrical Equipment industry. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2024-01-11. Suzhou West Deane New Power Electric Co Ltd is a China-based company mainly engaged in the research and development, design, production and sales of electrical connection products. The firm's main products include battery connection systems and composite busbars. The battery connection system includes a power battery connection system and an energy storage battery connection system. Composite busbars include industrial electrical busbars and electronic control busbars. The firm's products are widely used in new energy vehicles, electrochemical energy storage, rail transit, industrial frequency conversion, new energy power generation and other fields. The firm mainly conducts its business in the domestic market.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
11 Jan 2024
Employees
1,161
Website
lgmg.com.cn ↗

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Suzhou West Deane New Power Electric Co Ltd employs 1,161 full-time employees in Suzhou, Jiangsu.
  • The company focuses on electrical connection products like battery connection systems and composite busbars.
  • Its products are widely used in new energy vehicles and electrochemical energy storage sectors.

Weaknesses

  • The company is based in Suzhou, Jiangsu, with no international presence mentioned.
  • Suzhou West Deane New Power Electric Co Ltd has no overseas market expansion noted.
  • The firm's business is limited to the domestic market in China.

Opportunities

  • The growing demand for new energy vehicles in China presents a significant opportunity.
  • Electrochemical energy storage systems are expanding rapidly in the Chinese market.
  • Rail transit projects in China are increasing, boosting demand for electrical products.

Threats

  • The Chinese government's policies on electrical equipment may change unexpectedly.
  • New energy vehicle competition is intensifying within the domestic market.
  • Electrochemical energy storage sector faces potential regulatory changes in China.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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