Beijing Sifang Automation Co., Ltd – Corporate Update and Market Context
Restricted‑stock repurchase and cancellation
On 15 December 2025, Beijing Sifang Automation Co., Ltd (stock code 601126) announced the repurchase and cancellation of 25 000 restricted shares. The transaction was carried out to address two issues under the company’s “启航 2号限制性股票激励计划”:
- Departure of an incentive participant – 10 000 shares held by an employee who had left the company were cancelled.
- Non‑fulfillment of the second release condition – 15 000 shares held by a participant whose 2024 performance assessment did not meet the required threshold were cancelled.
The board approved the measures in its 8th‑session third meeting on 28 October 2025. The shares were bought back and cancelled on 18 December 2025 at the grant price, in accordance with the plan’s provisions that require the company to repurchase un‑released shares if an incentive participant resigns or fails to meet the release criteria.
Impact on corporate capital
The announcement included a note that the share repurchase would reduce the registered capital of the company. No further financial details were disclosed, but the transaction is expected to decrease the share count and potentially affect earnings per share and market‑capitalisation calculations.
Market Performance of the Electrical‑Equipment Sector
Sector‑wide movement
On 18 December 2025, the Shanghai Composite Index rose 0.16 %. Within the Shanghai Stock Exchange, the Electrical‑Equipment industry recorded the largest decline of the day, falling 2.22 %.
- Main‑stream capital flow: The sector experienced a net outflow of 73.47 billion CNY from institutional investors.
- Total stocks in the sector: 364 shares; 267 fell, 84 rose, and one reached its daily price limit.
Individual stock highlights
- Beijing Sifang Automation (601126): Declined 2.25 % with a net capital outflow of 2.931 million CNY.
- Other noteworthy performers:
- Junda Co. (002865) – rose 10.00 % with 2.351 billion CNY inflow.
- Hewang Electric (002202) – rose 4.99 % with 1.593 billion CNY inflow.
- Goldwind Science & Technology (600118) – rose 0.06 % with 1.151 billion CNY inflow.
- Stocks with significant outflows:
- Ningde Time – 1.347 billion CNY outflow.
- Sunny Power – 856 million CNY outflow.
- Tianji Shares – 308 million CNY outflow.
Broader Context for Power‑Grid Equipment
The day’s data also highlighted a rebound in power‑grid equipment stocks. Notable gains were observed for Jinpans Technology (over 10 % rise) and Qintech Electrical, Igor, Shima Power, and Sifang Automation itself.
A report from the consulting firm ICF projected a 25 % increase in U.S. power demand from 2023 to 2030, driven largely by data‑center expansion and industrial growth. The U.S. Department of Energy and Lawrence Berkeley National Laboratory anticipate that by 2028, power consumption of data centers could account for 12 % of total U.S. electricity usage. These trends suggest growing demand for advanced relay protection, substation automation, and power‑grid monitoring solutions—core products of Beijing Sifang Automation.
Summary
Beijing Sifang Automation’s repurchase and cancellation of 25 000 restricted shares reflects routine enforcement of its incentive plan. While the transaction reduces the company’s share base and registered capital, it does not alter the fundamental business focus on relay protection and plant automation.
On the broader market, the electrical‑equipment sector faced a net capital outflow and a decline in share prices on 18 December 2025. Despite this, several key players, including Beijing Sifang Automation, benefited from short‑term gains amid a sectoral rebound. The industry’s outlook remains positive, underpinned by projected increases in power demand and data‑center energy consumption.