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Trades about 91% below its sector, cheaper than its peers on earnings.
Shanghai New Power Automotive Technology Company Limited, headquartered in Shanghai, China, specializes in the manufacturing and sale of various engines within the Chinese market. The company offers a comprehensive range of power units, including natural gas engines, and a diverse selection of diesel engines designed for applications such as power generation (gensets), heavy construction and agricultural equipment, commercial trucks, marine vessels, and public transport vehicles like buses and coaches. Additionally, it supplies complete diesel generator sets. These products are utilized across a wide array of sectors, powering heavy and light vehicles, industrial machinery, maritime transportation, and mobile power stations. Originally established in 1947, the enterprise was formerly known as Shanghai Diesel Engine Co.,Ltd. before officially adopting its current name, Shanghai New Power Automotive Technology Company Limited, in November 2021.
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