Jiangsu Tongda Power Technology Co Ltd
SZSE:002576
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We don't have any information about Jiangsu Tongda Power Technology Co Ltd's insider trading.
Jiangsu Tongda Power Technology Co Ltd
Glance View
Jiangsu Tongda Power Technology Co., Ltd. engages in the manufacture of electrical machinery and equipment. The company is headquartered in Nantong, Jiangsu and currently employs 1,137 full-time employees. The company went IPO on 2011-04-28. is a China-based company principally engaged in the research, development, manufacture and sale of small and medium-sized motors, generators and fixed-rotor iron cores, as well as the provision of related services. The firm's small and medium-sized motor used in machinery, steel, electricity, chemicals, cement, paper, metallurgy, petrochemical industries, as well as infrastructure projects. The firm's small and medium-sized generators are mainly used in wind power generators, fuel generators, hydroelectric generators, mobile power generators and other power generation equipment. The firm distributes its products mainly in domestic market, with East China as its main market.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
