Company Suzhou Veichi Electric Co., Ltd.

Equities

688698

CNE100006BK9

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Suzhou Veichi Electric Co., Ltd.

EPS Revisions

Annual profits - Rate of surprise

Sector Other Electrical Components & Equipment

End-of-day quote Shanghai S.E. Other stock markets 03:30:00 07/06/2024 am IST			5-day change	1st Jan Change
27.68 ^CNY	-1.56%		-3.49%	-23.81%

06/05	Dalai Tianlu No. 2 Private Securities Investment Fund managed by Shenzhen Qianhai Dalai Private Securities Fund Management Co., Ltd agreed to acquire 5% stake in Suzhou Veichi Electric Co., Ltd. from Shenzhen Veichi Electric Co. Ltd for approximately CNY 240 million.	CI
29/04	Suzhou Veichi Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Suzhou Veichi Electric Co Ltd is a China-based company principally engaged in the research, development, production and sales of frequency inverters, servo systems and motion controllers. Frequency inverter products are mainly divided into general-purpose inverters and special industrial machines. Servo systems include general-purpose servo systems and special industrial machines. The Companyâs products mainly include frequency inverters from 0.4kW to 1,200kW, servo systems from 50W to 55kW, motion controllers, Programmable Logic Controllers (PLC) and Human Machine Interfaces (HMI), which are used in lifting, mining equipment, rail transit, machine tools, compressors and other industries. The Company mainly conducts business within domestic market.

Number of employees: 1,612

CNY in Million	2022	Weight	2023	Weight	Delta
Frequency Converter 62.4 %	311	34.3 %	814	62.4 %	+161.87%
Servo System and Control System 32.4 %	238	26.2 %	423	32.4 %	+77.91%
Other 2.7 %	7	0.8 %	35	2.7 %	+401.84%
Other Business 2.5 %	35	3.8 %	33	2.5 %	-4.84%

CNY in Million	2022	Weight	2023	Weight	Delta
China 75.3 %	669	76.7 %	958	75.3 %	+43.34%
Overseas 24.7 %	203	23.3 %	314	24.7 %	+54.64%

Managers	Title	Age	Since
Peng Luo FOU	Founder	45	17/13/17
Zhu Qin Mo FOU	Founder	53	17/13/17
Zhi Yong Hu CEO	Chief Executive Officer	50	17/13/17
Hong Wei Peng CHM	Chairman	42	01/16/01
Wan Zhu He DFI	Director of Finance/CFO	54	01/18/01
Xu Dong Tao BRD	Director/Board Member	38	01/17/01
Ke Xin Ou Yang IRC	Investor Relations Contact	36	01/09/01

Members of the board	Title	Age	Since
Hai Yan Tang BRD	Director/Board Member	53	28/19/28
Yan Ru Zhong BRD	Director/Board Member	74	28/19/28
Zhi Yong Hu CEO	Chief Executive Officer	50	17/13/17
Zhu Qin Mo FOU	Founder	53	17/13/17
Peng Luo FOU	Founder	45	17/13/17
Zhi Juan Yan BRD	Director/Board Member	50	28/19/28
Hong Wei Peng CHM	Chairman	42	01/16/01
Xu Dong Tao BRD	Director/Board Member	38	01/17/01

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	210,259,274	72,690,399 ( 34.57 %)	0	34.57 %

Name	Equities	%	Valuation
Penghua Fund Management Co., Ltd. 15.19 %	5,563,130	15.19 %	22 M ¥
Lion Fund Management Co., Ltd. 9.745 %	3,568,948	9.745 %	14 M ¥
Fullgoal Fund Management Co., Ltd. 5.562 %	2,037,006	5.562 %	8 M ¥
Guolian Fund Management Co. Ltd. 4.260 %	1,560,141	4.260 %	6 M ¥
Invesco Great Wall Fund Management Co. Ltd. (Invt Mgmt) 4.125 %	1,510,559	4.125 %	6 M ¥
Guotai Asset Management Co., Ltd. 3.702 %	1,355,944	3.702 %	5 M ¥
Zhong Ou Asset Management Co., Ltd 3.264 %	1,195,499	3.264 %	5 M ¥
Bank of China Investment Management Co., Ltd. 2.749 %	1,006,878	2.749 %	4 M ¥
Ping An Fund Management Co., Ltd. 1.566 %	573,529	1.566 %	2 M ¥
Rongtong Fund Management Co., Ltd. 0.6849 %	250,831	0.6849 %	997 575 ¥

Name	Equities	%	Valuation
Caitong Fund Management Co., Ltd. 26.14 %	7,673,119	26.14 %	31 M ¥
Nuode Asset Management Co., Ltd. 17.68 %	5,191,734	17.68 %	21 M ¥
Huatai Asset Management Co., Ltd. 11.41 %	3,350,706	11.41 %	13 M ¥
Hui'an Fund Management Co. Ltd. 10.53 %	3,090,096	10.53 %	12 M ¥
Allianz Insurance Asset Management Co., Ltd. 8.750 %	2,568,875	8.750 %	10 M ¥
Shaanxi Investment Fund Management Co, Ltd. 6.341 %	1,861,504	6.341 %	7 M ¥
China Southern Asset Management Co., Ltd. 3.931 %	1,154,132	3.931 %	5 M ¥
Fortune & Royal Asset Management Co., Ltd. 3.804 %	1,116,902	3.804 %	4 M ¥
Lion Fund Management Co., Ltd. 3.804 %	1,116,902	3.804 %	4 M ¥

Suzhou Veichi Electric Co., Ltd.

1000 Songjia Road Guoxiang Street

215000, Suzhou

http://www.veichi.com

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

Trading Rating

Investor Rating

ESG Refinitiv

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Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

27.68 CNY

Average target price

41.17 CNY

Spread / Average Target

+48.72%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Other Electrical Components & Equipment

	1st Jan change	Capi.
SUZHOU VEICHI ELECTRIC CO., LTD.	-23.81%	803M
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Other Electrical Components & Equipment