Brief introduction of Xuji Electric Co., Ltd.

Xuji Electric Co., Ltd. is a national large-scale backbone enterprise, the vanguard of the national power system automation and power system relay protection and control industry, and is known as the enterprise with the strongest supporting capacity in China power equipment industry. It is a high-tech enterprise in Henan Province, a national key high-tech enterprise, 520 national key enterprises and one of the national major technical equipment localization bases recognized by Henan Science and Technology Commission and Ministry of Science and Technology. From the "Sixth Five-Year Plan" to the "Eleventh Five-Year Plan", it undertook a series of major scientific research projects, and most of its products won national, provincial and ministerial level. The company's main business is the production and operation of power grid dispatching automation, distribution automation, substation automation, power station automation, railway power supply automation, power grid security and stability control, power management information system, power market technical support system, relay protection and automation control devices, relays, electronic watt-hour meters, medium-voltage switches and switchgear, transformers and box-type substations.

Xuji Electric Co., Ltd. was established on1March 5, 1993/KLOC-0, and was founded exclusively by the former Xuchang Relay Factory. It was established through targeted fundraising. 1in April, 1997, 5,006,5438 public shares were issued with the approval of China Securities Regulatory Commission. 1999, 10 In April, the company implemented a profit distribution plan based on the total share capital at the end of 1998, with 5 shares for every 10 share; In September, 1999 was approved by China Securities Regulatory Commission. [1999]9 1, the company issued a rights issue to all shareholders at the ratio of 10: 3, and completed the rights issue on1June 25, 999; On April 20th, 2000, based on the total share capital of1at the end of 1999, the company issued 2 shares for every 10 share, and at the same time increased 4 shares for every 10 share in capital reserve. So far, the company's total share capital has reached 378.272 million shares, of which 45.64% are state-owned corporate shares, 2.97% are raised corporate shares and 5 1.39% are public shares. On June/KOOC-0/65438+/KOOC-0/October/KOOC-0/7, 2005, the company completed the share-trading reform. At this time, the shareholding ratio of the company's state-owned legal person shares is 30.20%, the shareholding ratio of the raised legal person shares is 1.96%, and the shareholding ratio of public shares is 67.84%.

Since its listing, Jixu Electric Co., Ltd. has vigorously promoted and improved the modern enterprise system, realized the "three separation" of people, finance and management with the group company, established a scientific corporate governance structure, standardized and effective operation, and realized timely, accurate, legal, true and complete information disclosure. As an excellent information disclosure unit of Shenzhen Stock Exchange, the company has won many awards. In August 2002, "Xuji Electric" was listed as one of the "100 most influential stocks" by Shenzhen Securities Information Co., Ltd. In 2002 and 2005, it was selected as a constituent stock of Shenzhen 100 Index and Shanghai-Shenzhen 300 Index, and in 2006, it was selected as a sample stock of Shenzhen Innovation Index.

According to the three system reforms of cadres, labor and distribution, Xuji Electric Co., Ltd. has continuously deepened and improved various system reforms in practice, and gradually established a scientific, strict, complete and fast-responding management system that is in line with the international management model. The company implements a strategy-oriented KPI assessment and mid-term debriefing system to promote the establishment of the company's internal market chain. Introduce the international advanced integrated product development (IPD) and software engineering methods, rebuild the company's R&D system, adopt the integrated IPD product R&D management mode to improve the efficiency of R&D, establish the mechanism of transforming enterprise strategy into internal processes and activities, and continuously improve the core competitiveness and operational efficiency of enterprises.

Xuji Electric Co., Ltd. will devote itself to the development of national high-tech industry, take the mission of "making our customers fully enjoy high reliability and high-tech equipment", establish a people-oriented professional talent team, constantly pursue the maximization of shareholders' interests, become the best, strongest and largest electrical equipment industry in China, and become a competitive international operation enterprise. Production and operation of power grid automation, relay protection and control devices.

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