Hangzhou Shenhao Technology Co Ltd
SZSE:300853
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We don't have any information about Hangzhou Shenhao Technology Co Ltd's insider trading.
Hangzhou Shenhao Technology Co Ltd
Glance View
Hangzhou Shenhao Technology Co., Ltd. engages in the research, development, and sale of smart grid technology products. The company is headquartered in Hangzhou, Zhejiang and currently employs 582 full-time employees. The company went IPO on 2020-07-24. The firm's product types are mainly divided into intelligent inspection robots and intelligent power monitoring and control equipment, which are used in the power generation, transmission and transformation, and distribution of the power system. Intelligent inspection robots include wheeled intelligent inspection robots, rail-mounted intelligent inspection robots, and intelligent hardware, among others. Intelligent power monitoring and control equipment includes intelligent dehumidifiers, secondary pressure plate status monitoring, gas in oil detection equipment, submarine cable channel anchor loss prevention devices, fault monitoring devices, ring network cabinets and box-type switching stations, among others.
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.