- Business
- Yeal Electric Co., Ltd. (300923.SZ) engages primarily in the research, development, production and sales of electrical equipment for rail vehicles in China. The company offers driver control systems, electrical screen operation control systems, lighting control systems, off-car and power supply control systems, electrical connection systems, air conditioning control cabinets, battery boxes, various types of rail vehicle electrical cabinets, electrical boxes and driver consoles; it also provides vehicle maintenance services and harness products. Founded in 1986 and headquartered at No. 1999 Zhongyan Road, Luyuan Economic Development Zone, Changchun, Jilin Province, the company operates mainly in East China and Northeast China, serving rail transit customers with a workforce of approximately 679 employees. In its 2024 annual results, Yeal Electric reported revenue of 471 million renminbi, with net profit attributable to the parent of 42.35 million renminbi; it announced an equity distribution plan based on its total share capital and continues to focus on rail vehicle electrical innovations as a recognized high-tech enterprise.