BENEFO(SH:600468) Ge Long Hui·2025-10-14 07:38Core Viewpoint - Baili Electric (600468.SH) focuses on high-end products and services in the power equipment sector, aiming to optimize energy structure and develop new power systems while leveraging new technologies for future growth [1] Group 1: Company Overview - The company's subsidiary, Liaoning Rongxin Xingye Electric Power Technology Co., Ltd., specializes in high voltage dynamic reactive power compensation devices (SVC) and static reactive power generators (SVG) to stabilize system voltage and address voltage fluctuation issues [1] - The revenue from the related business is currently minimal, accounting for less than 1% of the company's overall income [1] - The company does not produce solid-state transformers and is not involved in the Spark One project [1] Group 2: Business Focus and Strategy - The main business of the company includes research, development, production, and sales of power distribution and control equipment, wires and cables, and pumps [1] - The company plans to accelerate its layout in the new energy industry while closely monitoring the development of new technologies to empower its growth [1]