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Through its wholly-owned Chinese subsidiary, Hainan Jinpan, the Company designs, manufactures and sells cast resin transformers for voltage distribution equipment in China.
Playing a sort of hunch on this one. Jinpan is well positioned in green energy in China, and they have really lagged the market for the past year. But given their dividend, and the what they are focused on, it is a good long-term prospect. This further adds to my diversification into China, which I hope to increase to 15-20% of my portfolio.
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