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Shanghai Composite
Over the past 12 months, Zhongshan Broad-Ocean Motor Co Ltd has significantly outperformed Shanghai Composite, delivering a return of +66% compared to the Shanghai Composite's +25% growth.
Stocks Performance
002249 vs Shanghai Composite
Performance Gap
002249 vs Shanghai Composite
Performance By Year
002249 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Zhongshan Broad-Ocean Motor Co Ltd
Glance View
Zhongshan Broad-Ocean Motor Co., Ltd. began its story in the bustling industrial heart of China, creating a niche in the electric motor industry, where efficiency and innovation serve as its guiding principles. Founded in 1994 in Zhongshan City, Guangdong Province, the company operates in a region known for its robust manufacturing infrastructure and access to a vibrant supply chain. Broad-Ocean Motor's core business revolves around designing, manufacturing, and selling a vast array of motor technologies and components. These products are primarily tailored for the burgeoning electric vehicle (EV) industry, HVAC systems, and other industrial applications, which consistently see rising demand. Through a model deeply rooted in technological advancement and strategic partnerships, Broad-Ocean capitalizes on the global shift towards electric energy solutions and sustainability. By investing heavily in research and development, the company ensures its products are at the forefront of innovation in the electric motor sector. This R&D focus allows them to manufacture components that enhance efficiency and performance across various applications, ensuring customer retention and fostering new business opportunities. With strategic alliances with global automotive giants and a keen eye on evolving market trends, Broad-Ocean Motor's revenue is largely derived from supplying high-quality components crucial to the modern energy and transport infrastructures—a testament to its vital role in steering the wheels of future-ready industries.
