Northeast Electric Development Co LtdHKG 42 Stock Report

Northeast Electric Development Co., Ltd. is an investment holding company, which engages in the manufacture and sale of power transmission equipment and related accessories. The company is headquartered in Haikou, Hainan and currently employs 651 full-time employees. 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 firm distributes its products in domestic market, with northeast area of China and North China as its main markets.