Tbea Co Ltd
SSE:600089
Tbea Co Ltd's latest stock split occurred on Jul 18, 2023
The company executed a 13-for-10 stock split, meaning that for every 10 shares held, investors received 13 new shares.
Before the split, Tbea Co Ltd traded at 17.4846 per share. Afterward, the share price was about 16.58.
The adjusted shares began trading on Jul 18, 2023. This was Tbea Co Ltd's 15th stock split, following the previous one in Jun 9, 2017.
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Tbea Co Ltd
Glance View
TBEA Co., Ltd. stands as a pillar of innovation and strength in the global electrical equipment manufacturing landscape. Founded in China, the company has carved a significant niche for itself in the production of transformers and other high-tech power transmission equipment, an industry indispensable to modern infrastructure development. At the heart of TBEA's operations is its prowess in designing and manufacturing high-voltage and ultra-high-voltage transformers. These products are crucial for the efficient distribution of electricity, minimizing energy losses across vast distances and feeding the ever-growing demand for power in domestic and international markets. TBEA has leveraged its technical know-how and considerable manufacturing capacity to secure partnerships and projects in numerous countries, enhancing global power grid reliability and expansion. Beyond its core transformer business, TBEA has diversified its portfolio into areas such as solar energy, where it plays a key role in the development of photovoltaic technology. By tapping into the renewable energy sector, the company not only aligns with global trends toward sustainable development but also broadens its revenue streams in an increasingly eco-conscious world. TBEA's involvement ranges from the production of polysilicon, a material crucial to solar panel manufacturing, to offering comprehensive solar power solutions. This diversification exemplifies TBEA's strategic foresight in meeting the future energy needs of a cleaner, greener planet while securing its financial trajectory by entering synergistic markets that bolster its existing capabilities.
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