688226.SH
Wetown Electric Group Co., Ltd.
SSE · Industrials · Electrical Equipment & Parts · CN
CNY 28.93
−1.06%Sep 11, 2026, 02:06 UTC
Weiteng Electric launched the Pro VU new busbar product and multiple high-current DC busbars for data centers in the first half of 2026, and also brought several ABB-branded busbar products to market.
Source:Sep 11, 2026, 01:51 UTC
Wetown Electric stated at its 2026 half-year results briefing held on September 11 that in the first half, the AI-driven data center industry was highly prosperous and demand for high- and low-voltage busbars was strong; the company's capacity was gradually released, order-taking capability significantly improved, and the high- and low-voltage busbar business achieved rapid growth.
Source:Aug 31, 2026, 09:53 UTC
Two shareholders of Weiteng Electric plan to reduce their holdings by up to 2% of total shares via centralized bidding from September 22 to December 21, 2026.
Aug 27, 2026, 10:10 UTC
Weiteng Electric proposed a cash dividend of 0.5100 yuan per 10 shares (tax included), totaling 10.0004 million yuan (tax included).
Source:Jul 27, 2026, 07:29 UTC
Wetown Electric Group Co., Ltd., Chenheng Technology (Hainan) Co., Ltd., and Zhai Yijun jointly established Jiangsu Wetown Chenheng Intelligent Electric Co., Ltd. with a registered capital of 10 million RMB.