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Trades about 1,042% above its sector, the market expects faster growth.
Shanghai Morn Electric Equipment Co., Ltd., together with its subsidiaries, engages in the research, design, development, production, and sale of cables in China. The company operates in two segments, Cable and Quasi-Financial. It offers power and electrical equipment cables, including aluminum alloy, mineral insulated flexible fire-proof, LV and MV fire-resistant power, ceramic high-temperature fire-resistant, metal flexible pipe equipment, frequency converter, shielding and chemical resistance, encoder, oil resistant corrosion split-phase comprehensive sheath, high and low temperature resistant, and other cable products under the Morn brand name. The company also engages in factoring; debt collection services; investment activities; property management; hotel accommodation; and trading. Its products are used in power, rail transportation, construction engineering, new energy, communications, ships, intelligent equipment, metallurgy, petrochemicals, port machinery and marine engineering, mining, and other fields. The company was founded in 1997 and is headquartered in Shanghai, China.
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