688188
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Shanghai Composite
688188
Over the past 12 months, Shanghai Friendess Electronic Technology Corp Ltd has underperformed Shanghai Composite, delivering a return of -22% compared to the Shanghai Composite's +23% growth.
Stocks Performance
688188 vs Shanghai Composite
Performance Gap
688188 vs Shanghai Composite
Performance By Year
688188 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Shanghai Friendess Electronic Technology Corp Ltd
Glance View
Shanghai Friendess Electronic Technology Corp Ltd, a beacon in the high-tech realm, emerged as a key player in the laser cutting control systems industry. Founded on the principles of innovation and precision, Friendess has carved out a niche by developing advanced numerical control (NC) systems. These systems are the vital brains behind laser cutting machines that are used across industries like automotive, aerospace, and electronics manufacturing. The company's commitment to research and development, backed by a strong team of engineers and tech innovators, constantly pushes the boundaries of automation and precision, ensuring that their cutting-edge solutions meet the ever-evolving needs of industrial applications. The company's business model is centered around the production and sale of these sophisticated control systems and software, which are integral to the efficiency and effectiveness of laser cutting operations. Friendess generates revenue not only by selling these high-value systems but also through licensing and supporting software applications that optimize performance and integrate seamlessly with existing industrial infrastructure. By continuously enhancing its product portfolio and establishing long-term relationships with equipment manufacturers and industrial clients, Friendess ensures a steady stream of income while positioning itself as a leader in technological advancement and industrial automation.
