HPEC(SH:600312) Xin Lang Cai Jing·2025-10-24 05:53Core Viewpoint - Pinggao Electric's stock price has shown fluctuations, with a year-to-date decline of 10.50% but a recent recovery in the last five trading days, indicating potential market interest and volatility [2][3]. Company Overview - Pinggao Electric, established on July 12, 1999, and listed on February 21, 2001, is located in Pingdingshan, Henan Province. The company specializes in the research, design, manufacturing, sales, installation, testing, maintenance, and service of power transmission and distribution equipment and its core components [2]. - The company's main business segments include medium, high, ultra-high, and extra-high voltage AC and DC switchgear, with revenue contributions from high voltage (57.30%), distribution network (28.03%), operation and maintenance (11.13%), international (2.93%), and other businesses (0.61%) [2]. Financial Performance - As of September 30, 2025, Pinggao Electric reported a revenue of 8.436 billion yuan, reflecting a year-on-year growth of 6.98%, and a net profit attributable to shareholders of 982 million yuan, up 14.62% year-on-year [3]. - The company has distributed a total of 3.788 billion yuan in dividends since its A-share listing, with 1.010 billion yuan distributed over the past three years [4]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 64,100, with an average of 21,182 circulating shares per person, a decrease of 0.63% from the previous period [3]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 57.8484 million shares, which is a decrease of 25.1349 million shares from the previous period [4].