Company Northeast Electric Development Company Limited

Equities

42

CNE1000003V0

Hotels, Motels & Cruise Lines

Delayed Hong Kong S.E. 22:06:48 2024-05-30 EDT 5-day change 1st Jan Change
0.216 HKD -1.82% Intraday chart for Northeast Electric Development Company Limited -1.82% -10.00%

Business Summary

Northeast Electric Development Company Limited is a China-based company principally engaged in the research, development, design, manufacture and distribution of power transmission and transformation equipment. 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 Company distributes its products in domestic market, with northeast area of China and North China as its main markets.

Number of employees: 318

Sales per Business

HKD in Million2022Weight2023Weight Delta
Hotel Operations and Provision of Related Catering Services
53.4 %
129 68.9 % 65 53.4 % -49.51%
Power Transmission Equipment and Related Accessories
46.6 %
58 31.1 % 57 46.6 % -2.29%

Sales per region

HKD in Million2022Weight2023Weight Delta
China
100.0 %
187 100.0 % 122 100.0 % -34.83%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 615,420,000 475,544,026 ( 77.27 %) 0 83.98 %
Stock B 1 257,950,000 257,950,000 ( 100.00 %) 0

Shareholders

NameEquities%Valuation
ABN AMRO Bank NV (Belgium)
0.1163 %
300,000 0.1163 % 8 823 $

Company contact information

Northeast Electric Development Co., Ltd.

22nd Floor, HNA Plaza No.7 Guoxing Road

570203, Haikou City

+86 898 6531 5679

http://www.nee.com.cn
address Northeast Electric Development Company Limited(42)
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