Stock 002451 SHANGHAI MORN ELECTRIC EQUIPMENT CO., LTD.
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Company Shanghai Morn Electric Equipment Co., Ltd.

Equities

002451

CNE100000RT9

Electrical Components & Equipment

End-of-day quote Shenzhen S.E.
Other stock markets
 06:00:00 2024-04-29 pm EDT 		5-day change 1st Jan Change
5.76 CNY -2.04% Intraday chart for Shanghai Morn Electric Equipment Co., Ltd. +7.06% -17.48%
Apr. 29 Shanghai Morn Electric Equipment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 10 Wen Zehong agreed to acquire 49% stake in Morn New Energy Systems Co., Ltd. from Shanghai Morn Electric Equipment Co., Ltd for CNY 100 million. CI

Business Summary

Shanghai Morn Electric Equipment Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of electric wires and cables. The Company operates through two main segments. The Electric Cables segment is mainly engaged in the research, development, manufacture and sales of power cables, wires and cables for electrical equipment, bare wire and bare conductors, communication cables and optical cables and others. The Quasi Finance segment is mainly engaged in the financial leasing activities and commercial factoring activities.

Sales per Business

CNY in Million2022Weight2023Weight Delta
Magnet Wire and Others
65.6 %
656 60.8 % 714 65.6 % +8.88%
Power Cable
27.8 %
352 32.6 % 303 27.8 % -13.99%
Electrical Wire and Cable Equipment
3.4 %
25 2.3 % 37 3.4 % +46.72%
Other Business
2.4 %
27 2.5 % 26 2.4 % -3.33%
Class Finance
0.7 %
13 1.2 % 7 0.7 % -47.22%
Communication Cables and Optical Cables
0.2 %
5 0.5 % 2 0.2 % -61.23%

Sales per region

CNY in Million2022Weight2023Weight Delta
China
100.0 %
1,078 100.0 % 1,089 100.0 % +0.94%

Managers

Managers TitleAgeSince
Zhi Lan Zhu CEO
 Chief Executive Officer 44 19-01-08
Jie Zhu BRD
 Director/Board Member 38 12-10-31
Xie Zhang BRD
 Director/Board Member 37 16-03-07

Members of the board

Members of the board TitleAgeSince
Xie Zhang BRD
 Director/Board Member 37 16-03-07
Zhi Qiang Pan BRD
 Director/Board Member 66 -
Xue Lu BRD
 Director/Board Member 46 11-06-14
Jie Zhu BRD
 Director/Board Member 38 12-10-31
Xian Cai Yu BRD
 Director/Board Member 50 23-07-06
Zhi Lan Zhu CEO
 Chief Executive Officer 44 19-01-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 439,200,000 225,434,735 ( 51.33 %) 0 51.33 %

Shareholders

NameEquities%Valuation
Gfund Management Co., Ltd.
0.2196 %
905,000 0.2196 % 791 368 ¥
CPIC Fund Management Co. Ltd.
0.000149 %
615 0.000149 % 538 ¥
GF Fund Management Co., Ltd.
0.000146 %
600 0.000146 % 525 ¥

Company contact information

Shanghai Morn Electric Equipment Co., Ltd.

829 Jiangshan Road Pudong New Area

201306, Shanghai

+

http://www.mornelectric.com
address Shanghai Morn Electric Equipment Co., Ltd.(002451)

Sector

Industrials
Industrial Goods
Machinery, Equipment & Components
Electrical Components & Equipment
Wires & Cables

Sales per Business

Sector Wires & Cables

1st Jan change Capi.
SHANGHAI MORN ELECTRIC EQUIPMENT CO., LTD. Stock Shanghai Morn Electric Equipment Co., Ltd.
-17.48% 349M
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Wires & Cables
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