Suzhou Veichi Electric Co LtdSHG 688698 Stock Report

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 Company’s 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.