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Trades about 26% below its sector, cheaper than its peers on earnings.
Founded in 2005 and headquartered in Shenzhen, China, Shenzhen Jasic Technology Co.,Ltd. is a global enterprise dedicated to the manufacturing and distribution of sophisticated welding and cutting solutions. Their extensive product line includes a wide variety of digital welding machines such as MIG/CO2, pulse MIG, manual arc, full-function pulse TIG, and AC/DC square wave TIG models, alongside plasma cutting systems and submerged arc welders. Beyond the core equipment, the company supplies essential consumables and regulators for MIG/MAG, TIG, and manual welding, as well as for plasma cutting. They also offer protective gear and specialized tools. Furthermore, Jasic Technology provides a comprehensive range of welding wires, encompassing MAG, MIG, TIG gas shield solid wires, flux-cored wires, and stainless-steel wires. The firm also develops industrial robots engineered for applications like welding, cutting, material handling, automated loading and unloading, palletizing, and spray coating. Complementing these products, the company delivers repair and maintenance, training, and consulting services. Their offerings are widely adopted across numerous sectors, including shipbuilding, boiler production, petroleum, chemical processing, railway infrastructure, construction, electricity generation, steel fabrication, metallurgy, and the automotive industry.
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