Northeast Electric Development Company Limited logo

Northeast Electric Development Company Limited

0042.HK

HKSEConsumer CyclicalTravel Lodging

Latest quote

HK$0.221

−HK$0.012 · -5.15%

Aug 24, 2:50 PM HKTData delayed

0042.HK company overview

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Company profile

Company website

Northeast Electric Development Company Limited functions as an investment holding firm, primarily concentrating on the research, design, development, manufacturing, and distribution of power transmission and transformation equipment throughout the People's Republic of China. Its production scope also encompasses various electrical apparatus, such as enclosed busbars and related components. Beyond these industrial pursuits, the company diversifies into hospitality, providing hotel management, catering, and accommodation services. Its extensive service offerings further include engineering design, construction, reconnaissance, and consultation for new energy projects, in addition to general electric power engineering services. Property leasing forms another segment of its operations. Founded in 1993, and previously known as Northeast Electricity Transmitting & Transformation Machinery Manufacturing Ltd., the company maintains its headquarters in Haikou, People's Republic of China.

Industry
Travel Lodging
Sector
Consumer Cyclical
Headquarters
CN
CEO
Xinguang Zhu
Listed since
Jan 4, 2000
Employees
282

Market position

Volume
138K
0.33× average
Average volume
413.95K
Average daily volume
Market cap
193.01M HKD
Beta
0.73
Market reference 1

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