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Suzhou Future Electrical Company Co. Ltd. A

Suzhou Future Electrical Co., Ltd. researches, develops, produces, and sells low-voltage circuit breaker accessories in China and internationally. Its products include intelligent terminals such as electric operating mechanisms, over/under voltage devices, leakage reclosers, photovoltaic grid-connected switches, surge protectors, external circuit breakers for energy meters, intelligent distribution boxes, measuring switches, miniature circuit breakers, miniature residual current circuit breakers, disconnectors, molded case circuit breakers, arc fault detection devices, IoT gateways, remote-controlled circuit breakers, relay-type over/under voltage products, miniature reclosing devices, smart circuit breakers, intelligent flexible control terminals, flexible control protocol conversion gateways for air conditioners, and knife switches. The company also offers molded case circuit breaker (MCCB) accessories, frame circuit breaker accessories, and solutions for dual carbon goals, communication base stations, security surveillance, smart buildings, rail transportation, smart grids, and PV grid-connected systems. Founded in 1987, it is based in Suzhou, China.

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Future Electric's first-half 2026 net profit was 33.27 million yuan, down 31.33% year on year

Future Electric disclosed its 2026 semi-annual report on August 26. In the first half, it achieved total operating revenue of 287 million yuan, down 0.43% year on year. Net profit attributable to the parent company was 33.27 million yuan, down 31.33% year on year. Net profit after deducting non-recurring items was 23.94 million yuan, down 40.49% year on year. Net cash flow from operating activities was negative 8.23 million yuan, compared with 76.20 million yuan in the same period last year. Basic earnings per share were 0.2376 yuan, and the weighted average return on equity was 2.20%. The company's main business is the research, development, production and sales of low-voltage circuit breaker accessories. As of the end of the first half, the company's cash and bank balances decreased by 37.96% compared with the end of the previous year, and the book value of inventory was 99.11 million yuan, accounting for 6.73% of net assets.
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Future Electric Plans to Establish Wholly-Owned Subsidiary in Hong Kong Using Its Own Funds

Suzhou Future Electric Co., Ltd. announced plans to establish a wholly-owned subsidiary in Hong Kong, Witera Trading (HK) Co., Limited, with registered capital of 50,000 US dollars, using its own funds. The subsidiary will engage in sales and technical services for components related to medium- and low-voltage electrical protection equipment, electrical control and automation, in order to expand overseas business. The company held the 23rd meeting of the fourth board of directors on July 3, 2026, and approved the relevant proposal.
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