State Grid Yingda Co.,Ltd. [600517.SS] Stock Forecast

State Grid Yingda Co.,Ltd. engages in the electrical, trust, securities, futures, and carbon asset businesses in China. It offers electrical distribution transformers, amorphous iron cores, integrated substations, primary and secondary deep integration equipment, C-GIS, gas inflatable cabinets, lightning arresters, AC and DC series bushings, nano aluminum alloy fittings, and insulators; lightning monitoring and early warning technology, testing and metering, online monitoring and status detection, and power operation and maintenance products, as well as engineering services. The company also provides operation and maintenance services for power grids and low-carbon energy-saving solutions; and high-voltage testing and integrated energy services, as well as constructs power transmission and distribution network projects. In addition, it is involved in the trust activities; securities business, such as securities brokerage and credit, investment banking, securities investment, fixed income, asset management, and futures services; factoring activities for small, medium, and micro-enterprises; and carbon audit, carbon asset development, carbon trading, carbon finance, low-carbon and carbon market-related research topics, and green supply chain management activities. The company was formerly known as Shanghai Zhixin Electric Co., Ltd. and changed its name to State Grid Yingda Co.,Ltd. in April 2020. The company was founded in 1997 and is based in Beijing, China. State Grid Yingda Co.,Ltd. is a subsidiary of State Grid Yingda International Holdings Group Co., Ltd.