HPEC(SH:600312) Xin Lang Cai Jing·2025-10-29 02:01Core Viewpoint - Pinggao Electric's stock price has shown a recent upward trend despite a year-to-date decline, indicating potential recovery and investor interest in the company [1][2]. 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 direct and alternating current 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 - For the period from January to September 2025, Pinggao Electric achieved operating revenue of 8.436 billion yuan, representing a year-on-year growth of 6.98%. The net profit attributable to shareholders was 982 million yuan, reflecting a year-on-year increase of 14.62% [3]. - As of September 30, 2025, the company had 64,100 shareholders, with an average of 21,182 circulating shares per shareholder, a decrease of 0.63% from the previous period [3]. Shareholder and Dividend Information - Since its A-share listing, Pinggao Electric has distributed a total of 3.788 billion yuan in dividends, with 1.01 billion yuan distributed over the past three years [4]. - As of September 30, 2025, Hong Kong Central Clearing Limited was the second-largest circulating shareholder, holding 57.8484 million shares, a decrease of 25.1349 million shares from the previous period [4].