Huaming Power Equipment (002270) Stock Overview

Huaming Power Equipment Co.,Ltd provides tap changer products in China and internationally. It offers conventional, vacuum, dry, and gas insulated type on-load tap changers; and cage and drum type de-energized (off-circuit) tap changers for transformers. The company also provides accessories, such as motor drive units, controllers, and online oil filters. Its products are primarily used in power grids and energy sector, chemical, metallurgical and railway projects, etc. In addition, the company is involved in the research and development, manufacturing, and sales of optical, mechanical, and electrical integrated intelligent CNC complete sets of processing equipment; contracting, design, construction and operation and maintenance of new energy power stations; electrical engineering construction; and training and after-sales services. Further, it engages in the sales of electrical equipment; sales and maintenance services of tap changers; electrical equipment maintenance; project development and operation management; power project investment; and technical services, as well as generation and distribution of solar photovoltaic power. The company also exports its products to approximately 80 countries in the United States, rest of Asia, Europe, Africa, and Oceania. The company was formerly known as Shandong FIN CNC Machine Co., Ltd. and changed its name to Huaming Power Equipment Co.,Ltd in July 2016. Huaming Power Equipment Co.,Ltd was founded in 1989 is based in Shanghai, China.