Wetown Electric(SH:688226) Xin Lang Cai Jing·2025-11-12 05:43Core Points - Witten Electric's stock price dropped by 5.05% to 37.42 CNY per share, with a trading volume of 1.04 billion CNY and a turnover rate of 1.45%, resulting in a total market capitalization of 7.022 billion CNY [1] Company Overview - Witten Electric Group Co., Ltd. is located in Yangzhong City, Jiangsu Province, and was established on January 7, 2004. The company went public on July 7, 2021. Its main business involves the research, development, manufacturing, and sales of busbar products [1] - The revenue composition of Witten Electric is as follows: - Photovoltaic new materials - Photovoltaic welding strips: 46.68% - Power distribution equipment - High and low voltage busbars: 25.26% - Energy storage systems: 21.46% - Others (supplementary): 2.27% - Power distribution equipment - Medium and low voltage complete equipment: 2.05% - Others: 1.63% - Power distribution equipment - Copper and aluminum products: 0.49% - Photovoltaic new materials - Aluminum frames: 0.16% [1] Shareholder Information - Among the top ten circulating shareholders of Witten Electric, a fund under Quanguo Fund holds a position. The fund, Quanguo Xuyuan Three-Year Holding Period Mixed A (016709), reduced its holdings by 463,500 shares in the third quarter, now holding 2.9007 million shares, which accounts for 1.55% of the circulating shares. The estimated floating loss today is approximately 5.7723 million CNY [2] - Quanguo Xuyuan Three-Year Holding Period Mixed A (016709) was established on October 18, 2022, with a latest scale of 16.329 billion CNY. Year-to-date returns are 47.03%, ranking 1176 out of 8147 in its category; the one-year return is 29.26%, ranking 1954 out of 8056; and since inception, the return is 10.39% [2]