Huaming Power Equipment Co., Ltd. Class A
SSZSE:00227018.96
CNY
+0.15
(+0.80%)
ISIN
CNE100000CR5
Return %
Stock
S&P 500
1Y
-21.39
13.14
3Y
44.84
80.78
5Y
122.80
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Jian Qin Yang
- Full Time Employees
- 1,796
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No. 977, Tongpu Road Shanghai SH China 200333
- IPO Date
- Sep 5, 2008
- Website
- huaming.com
- Similar Companies
- Business
- Huaming Power Equipment Co., Ltd specializes in the research, development, manufacturing, and sales of power equipment, primarily focusing on on-load tap changers and de-energized tap changers for transformers. Its product portfolio includes conventional, vacuum, dry type, and gas-insulated on-load tap changers as well as cage and drum type de-energized tap changers. The company also produces key accessories such as motor drive units, controllers, and online oil filters. Beyond tap changers, Huaming engages in CNC equipment manufacturing, including complete CNC machine sets and laser products. It extends into EPC (engineering, procurement, and construction) services for renewable energy projects, including new energy power stations and photovoltaic power generation. The company serves power grids, energy sectors, chemical, metallurgical, railway projects, and exports to about 80 countries globally. Founded in 1989 and headquartered in Shanghai, China, Huaming has grown to over 1,600 employees with 10 subsidiaries, 5 overseas branches, and 4 modern manufacturing plants. A recent major development is the opening of its international headquarters in Singapore in 2025 to leverage global energy transition opportunities. The company has also achieved operational milestones with its CHVT vacuum on-load tap changer passing ultra-high voltage converter transformer factory testing and entering batch operation. Huaming continues to expand its sustainable development strategies and has signed strategic framework agreements with prominent Chinese electrical equipment groups, reflecting its commitment to innovation and growth in power equipment and renewable energy sectors. Recent corporate activities include proposals for debt restructuring and asset transfers aimed at optimizing operational efficiency and investment in new energy projects. Huaming operates predominantly in power equipment manufacturing, power engineering contracting, CNC equipment production, and renewable energy power generation. It targets utilities, industrial users, and power projects across Asia, the Americas, Europe, Africa, and Oceania. The firm was formerly known as Shandong FIN CNC Machine Co., Ltd before renaming to Huaming Power Equipment Co., Ltd in 2016. Its business strategy integrates high-technology product development with full lifecycle operation and maintenance services, supporting its global footprint and diversified industrial segments. This comprehensive product and service offering combined with strategic international expansion and technological advancements positions Huaming as a leading player in transformer tap changers and renewable energy infrastructure equipment globally. All information is current as of December 2025 based on company disclosures and recent industry updates.