New Sea Union Technology Group Co.,Ltd.
002089.SZ
Shenzhen Stock Exchange0.23
CNY
-0.01
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New Sea Union Technology Group Co.,Ltd.
002089.SZ
(Shenzhen Stock Exchange)
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0.23
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ROIC.AI
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- Business
- New Sea Union Technology Group Co., Ltd. (002089.SZ), formerly Suzhou New Sea Union Telecom Technology Co., Ltd., engages primarily in the research, development, production, and sale of telecommunications equipment and related products. Founded in 1997 and listed on the Shenzhen Stock Exchange in 2006, the company, headquartered at Xinhaiyi Science & Technology Park, 168 Jingmao Road, Suzhou, Jiangsu Province, China, operates mainly within China, with a focus on the domestic market. Its core offerings encompass FTTx telecom supporting products including optical network terminals, media converters, and passive optical components; private network communication equipment; lightning protection devices; new energy electric logistics vehicles and supporting power batteries; light-emitting diode (LED) products, particularly new energy LEDs; IDC data center products; 4G communication solutions; and software services such as video and communication software. The company serves telecommunications operators, enterprise networks, data centers, and new energy sectors with hardware and software solutions. Recent developments include the release of Q1 2024 earnings and an ongoing delisting arrangement period on the Hong Kong Stock Exchange that commenced in March 2024, alongside trading resumption on the Shenzhen Stock Exchange on the same date; earlier activities feature a 2018 subsidiary establishment of a Hong Kong unit, Broadengate Software Services, and periodic earnings disclosures through 2024.