Jinpan International Ltd (NASDAQ:JST), Down By 5.88% ($0.53) From $8.940 After BUYINS.NET Report Predicted Stock Would Go Down
February 22, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, February 13th 2012 stating that Jinpan International Ltd (NASDAQ:JST) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=jst&id=242083
At the time this story was written, Jinpan International Ltd (NASDAQ:JST) is Down By $0.53 (5.88%) since the BUYINS.NET report was released.
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Jinpan International Ltd (NASDAQ:JST) - Jinpan International Limited engages in the design and manufacture of cast resin transformers for voltage distribution equipment. Its cast resin transformers allow high voltage transmissions of electricity to be distributed to various locations in lower, more usable voltages. The company provides medium voltage cast resin transformers for various end uses and applications, including industrial, infrastructure, and municipal projects, such as factories, real estate developments, airports, and subway systems. It also offers switchgears, which enable operators of a power distribution network to switch equipment in and out of the network; line reactors that limit current, filter waveforms, and attenuate electrical noise and harmonics associated with the inverter and driver output of wind powered turbines; and unit substations, which are integrated assemblies comprising high voltage switchgear, a transformer, a low voltage switchgear, a power meter, and a power factor compensation device interconnected with cables or buss bars. The companys unit substations function as miniature power distribution stations and are used in applications related to the construction and maintenance of city power networks. Jinpan International sells its products in the Peoples Republic of China, the United States, and Europe. The company was founded in 1993 and is headquartered in Haikou, the People's Republic of China.
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