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Trades about 28% below its sector, cheaper than its peers on earnings.
Suzhou Secote Precision Electronic Co.,LTD provides automation solutions in the People’s Republic of China. It offers automation equipment and fixtures. The company also provides solutions and services for intelligent manufacturing. In addition, it is involved in the research and development, production, and sale of laser equipment, electronic instruments, and electronic equipment; production, processing, and sale of machinery, machine tool equipment, and spare parts; provision of engineering technology, business, and technical consulting services; manufacture, sale, and service of exposure and semiconductor device equipment, discrete devices, lighting devices, electronic special materials, batteries, and photovoltaic equipment; sale of semiconductor device, mechanical, electrical equipment, etc., as well as software development. Further, the company engages in the import and export business; research and development, production, sale, installation, and repair and maintenance services of electronic devices, electronic components, automation equipment, electrical equipment, and general and special equipment; equity investment and investment management activities; manufacture of metal processing machinery and molds; retailing of hardware products; marketing business related to the sale of electronic components, etc.; sale, import, and export of abrasive materials; investment business and design, production, processing, sale, technical consultation, and after-sales service. Its products are used in the consumer electronics, automobiles, semiconductors, new energy, photovoltaic, and other industries. The company was founded in 2001 and is headquartered in Suzhou, the People’s Republic of China.
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