GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
B

Bafang Electric Suzhou Co 603489.SS · CNY

Consumer Discretionary · Shanghai · 🇨🇳 China

Compare

25.64

-0.43%

Close of 9 Nov 2026, in CNY

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Bafang Electric Suzhou Co

Its shares trade on Shanghai under the ticker 603489.SS. It has been listed since 11 November 2019. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.34bn and net income of CN¥102.8m. At that date it held total assets of CN¥3.28bn and shareholders' equity of CN¥2.73bn.

Bafang Electric (Suzhou) Co., Ltd. engages in the development and manufacture electric bicycle drive systems and components. The company is headquartered in Suzhou, Jiangsu. The company went IPO on 2019-11-11. The firm's products are mainly used in electric treadmills, and can also provide electrical system adaptation solutions for different types of electric treadmills such as mountain bikes, road bikes, and urban (leisure, travel) vehicles. The firm operates its businesses in both domestic and overseas markets.

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

Company facts

Sector
Consumer Discretionary
Industry
Leisure Products
Listed since
11 Nov 2019
Employees
1,289

Leadership

Pay as last reported

  • Mr. Qinghua WangChairman of the Board, General ManagerCN¥910,100
  • Ms. Qin ZhouChief Financial Officer, Secretary of the BoardCN¥520,000
  • Mr. Zhenhua YuDeputy General Manager, DirectorCN¥985,900
  • Mr. Shijun FuDirectorCN¥450,000
  • Mr. Xinge WenDirector
  • Mr. Haifeng YuIndependent DirectorCN¥60,000
  • Mr. Gaofeng ZhaoIndependent DirectorCN¥60,000

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

  • Bafang Electric Suzhou Co Ltd employs 1,289 full-time employees for manufacturing electric bicycle drive systems.
  • The company's products are used in electric treadmills and provide electrical system solutions for various bikes.
  • Bafang Electric operates in both domestic and overseas markets, expanding its global reach.

Weaknesses

  • The company's business is limited to electric bicycle drive systems and components without diversification.
  • Bafang Electric has no mention of product innovation or R&D investments in the facts provided.
  • The firm's reliance on electric treadmills may limit market adaptability to changing consumer trends.

Opportunities

  • Expanding into new markets for electric bicycle drive systems in the growing leisure products sector.
  • Increasing demand for electric vehicles in China's domestic market for leisure and travel use.
  • Potential growth in overseas markets for electric bicycle components and systems.

Threats

  • Competition from other manufacturers in the electric bicycle drive systems industry.
  • Economic downturns affecting consumer spending on leisure products like electric bicycles.
  • Regulatory changes in China's electric vehicle sector impacting manufacturing standards.

Sources and methodology

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

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.