Baoding Tianwei Baobian Electric (SH:600550) Xin Lang Cai Jing·2025-11-21 06:34Core Viewpoint - Baobian Electric has experienced a significant decline in stock price, dropping 5.04% on November 21, with a total decrease of 18.39% over the past five days, indicating potential concerns regarding the company's market performance and investor sentiment [1]. Company Overview - Baoding Tianwei Baobian Electric Co., Ltd. is located in Baoding, Hebei Province, and was established on September 28, 1999. The company was listed on February 28, 2001. Its main business involves the manufacturing and sales of power transmission and transformation equipment, including transformers, current transformers, reactors, and auxiliary equipment [1]. - The revenue composition of Baobian Electric is as follows: 99.30% from power transmission and transformation products, 0.42% from material sales, and 0.28% from other sources [1]. Shareholder Information - Among the top ten circulating shareholders of Baobian Electric, a fund under Southern Fund holds a position. The Southern CSI 1000 ETF (512100) reduced its holdings by 111,400 shares in the third quarter, now holding 8.4182 million shares, which accounts for 0.46% of the circulating shares. The estimated floating loss today is approximately 4.2933 million yuan, with a total floating loss of 19.1935 million yuan during the five-day decline [2]. - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 76.63 billion yuan. Year-to-date returns are 24.71%, ranking 1906 out of 4208 in its category; the one-year return is 18.97%, ranking 2143 out of 3972; and since inception, the return is 10.36% [2]. - The fund manager of Southern CSI 1000 ETF is Cui Lei, who has been in the position for 7 years and 16 days. The total asset scale under management is 122.76 billion yuan, with the best fund return during the tenure being 180.57% and the worst being -15.93% [2].