SANBIAN SCI-TECH(SZ:002112) Sou Hu Cai Jing·2026-02-03 11:26Core Viewpoint - The stock of Sanbian Technology (002112) has seen a significant increase due to its strong position in the electric grid equipment sector and recent strategic developments, including the establishment of a subsidiary in Europe and active participation in state-owned enterprise reforms [3][5]. Group 1: Company Overview - Sanbian Technology (002112) specializes in the production, maintenance, and sales of transformers, motors, reactors, low-voltage complete electrical equipment, and power transmission and transformation equipment [1]. - The company is a transformer manufacturer under the government of Sanmen County, Taizhou, Zhejiang, and has received approval from the State Grid Corporation for its 500kV products [2]. Group 2: Recent Stock Performance - The stock has experienced a strong upward trend, with a 21% increase over two trading days, driven by the active electric grid equipment sector [5]. - The stock price reached a high of 23.79, with a trading volume of 594,000 shares and a turnover rate of 41.51% [1]. Group 3: Market Drivers - The electric grid equipment sector remains active, with Sanbian Technology offering over 1,600 specifications of power transmission and transformation equipment, utilized in various applications including national grid and photovoltaic projects [3]. - The company has developed high-capacity transformers and holds 64 valid domestic patents, enhancing its competitive edge in the transformer market [3]. - A recent announcement regarding the establishment of a wholly-owned subsidiary in Europe for cross-border trade is expected to further boost the stock's performance [3]. - The company is also linked to state-owned enterprise reform, with its controlling shareholder being Zhejiang Sanbian Group Co., Ltd., and the actual controller being the Sanmen County People's Government [3].