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SHA:600312

4 stories mentioning SHA:600312Updated 1d ago

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Asia

Pinggao Electric Bags Chinese State Grid's Bid for 2.09 Billion Yuan; Shares Up 3%

Henan Pinggao Electric (SHA:600312), along with its subsidiaries, was selected as a winning bidder for the State Grid Corporation of China's procurement bid for 2.09 billion yuan, according to a Saturday disclosure on the Shanghai bourse.The Chinese electric components manufacturer's shares rose 3% during Monday's afternoon trade.The winning products include 1000-kilovolt combined electrical apparatus (GIS), combined electrical apparatus, surge arresters, switchgears, disconnectors and grounding switches.

SHA:600312
Asia

Pinggao Electric to Set Up GIS Smart Factory for 1.4 Billion Yuan; Shares Down 3%

Henan Pinggao Electric (SHA:600312) disclosed plans to build a GIS smart factory for 1.40 billion yuan, according to a Wednesday disclosure on the Shanghai bourse.The factory will manufacture GIS, or gas-insulated switchgears, with a capacity of between 126 kilovolts and 550 kilovolts.The factory in Pingdingshan, Henan Province, China will be built within 30 months, starting in October.Shares of the Chinese electric switchgear manufacturer dropped nearly 3% during the morning trade.

SHA:600312
Asia

Henan Pinggao Electric's Attributable Profit Jumps 16% in Q1; Shares Rise 3%

Henan Pinggao Electric's (SHA:600312) attributable profit rose 16% to 414.8 million yuan in the first quarter from 358.4 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.Earnings per share at the electric switchgear manufacturer increased to 0.3057 yuan from 0.2641 yuan in the prior-year period.Operating income declined 2.4% year over year to 2.45 billion yuan from 2.51 billion yuan.Shares increased 3% during the midday break on Wednesday.

SHA:600312
Asia

Henan Pinggao Electric's Attributable Profit Jumps 9.5% in 2025

Henan Pinggao Electric's (SHA:600312) attributable profit rose 9.5% to 1.12 billion yuan in 2025 from 1.02 billion yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the electric switchgear manufacturer increased 9.5% to 0.8253 yuan from 0.7540 yuan in the previous year.Operating income edged up 0.9% year over year to 12.5 billion yuan from 12.4 billion yuan.Shares closed 6% lower on Monday.

SHA:600312

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