Shenzhen Megmeet Electrical Co., Ltd. Updates on Investor Engagement and Product Development

Shenzhen Megmeet Electrical Co., Ltd. (股票代码 002851) reported two key developments on 18 November 2025.

Shareholder Base

  • On 18 November 2025, the company confirmed that as of 10 November 2025 its shareholder base comprised approximately 71 000 individual and institutional holders.
  • This figure was disclosed during an interactive session hosted by the company on a public investor‑relations platform, as reported by 证券日报网.

Expansion of Power Conversion System (PCS) Portfolio

  • In a separate investor‑question session on the same day, Megmeet answered queries regarding its grid‑level storage solutions.
  • The company announced the launch of series‑connected PCS products in the following power ranges:
  • 125 kW
  • 215 kW
  • 430 kW
  • These products are engineered to operate at 1 000 V and 1 500 V DC bus voltages.
  • Megmeet indicated that a portion of the newly introduced PCS models have already passed national standard certification tests and that related projects are in active progress.
  • The information was shared on Xueqiu.com and corroborated by the company’s response to investor inquiries on the Shenzhen Stock Exchange interaction platform.

Company Position in the Industrial Automation Market

  • Megmeet reiterated its role as a one‑stop provider of hardware and software for electrical automation.
  • The company supplies power electronic components and systems on an ODM/JDM basis to domestic and international industrial customers.
  • While responding to a query about supplying Google‑branded power supplies, Megmeet clarified that it does not supply Google Power but maintains a broad portfolio of electrical automation solutions.

Contextual Data

  • As of 17 November 2025, the stock closed at CNY 72.07 per share.
  • The company’s market capitalization stands at approximately CNY 39.25 billion.
  • Its price‑to‑earnings ratio is 165.75, reflecting a valuation that is high relative to typical industry peers.
  • The 52‑week trading range extends from CNY 37.59 (low) to CNY 91.98 (high).

These updates underscore Megmeet’s continued focus on expanding its product lineup in high‑voltage power conversion and on maintaining an engaged, broad shareholder base.