Learn how to buy Wolong Electric Drive (600580.SS) shares | Tutorial

wolong electric drive

Wolong Electric Drive Group Co., Ltd. manufactures and sells motors and control devices, Power supply and transmission equipment, and Power batteries worldwide. The company offers IEC and NEMA low voltage motors; medium/high voltage motors, including tube and rib cooled, modular, special and synchronous motors; and home appliance motors, such as air conditioner, washing machine, garden machine and kitchen motors. It also provides low and high voltage variable speed drives; synchronous and asynchronous generators; and industrial automation products including servo motors and spindles, as well as motors for electric vehicles. The company serves various industries, including automotive, chemical, home appliances, marine, mining, oil and gas, power generation, water and wastewater, infrastructure, pulp and paper, and railways, as well as heating. Ventilation and Air Conditioning. The company was previously known as Wolong Electric Group Co., Ltd. and changed its name to Wolong Electric Drive Group Co., Ltd. in February 2019. Wolong Electric Drive Group Co., Ltd. was founded in 1984 and is headquartered in Shaoxing, Porcelain.

Learn how to buy Wolong Electric Drive (600580.SS) shares | Tutorial

Do you want to get Wolong Electric Drive (600580.SS) shares in Shanghai safely and through a regulated broker in Europe? Would you like to be able to invest your monthly earnings and make profits on the stock market? With this guide I am going to show you how you can register with DEGIRO , a reliable German investment broker with very low commissions, and how you can get your first share of Wolong Electric Drive Group Co., Ltd. (600580.SS) ( 600580.SS) quickly and easily.

What we will do is easy to carry out :

  • The first step is that we are going to register in Degiro, an interface in which we are going to buy shares of Wolong Electric Drive Group Co., Ltd. (600580.SS) (600580.SS).
  • Then we will enter funds and thus make the first investment.
  • When we see the funds in our account, what we are going to do is look for Wolong Electric Drive using its Ticker, that is, 600580.SS.
  • Finally we are only going to add the number of shares we want, the purchase value and the type of order.

Perhaps this step by step has been too simple for you, so I am going to show you the process with images:

How to register an account on DeGiro

First of all, we will register an account in Degiro through the following link :

buy shares of Wolong Electric Drive Group Co., Ltd. (600580.SS)

It will ask us for an email, a username and a password to have access, and then we will have to continue using the link that they have sent us by email.

Now DeGiro is going to ask us for some information of interest to certify our document . We must have in hand our passport number, DNI (identity document) or driver’s license, mobile phone and the account number that we will use to proceed to make our first deposit. If you do not understand what this format is, you can check this simple guide article that we developed at Educacep.es .

stock Wolong Electric Drive

Once our account is confirmed, we can enter money from the Enter/Withdraw tab. We have the possibility of being able to make a transfer that will take between one to two days, or to be able to make the deposit quickly thanks to Sofort, a truly secure and very reliable payment gateway.

deposit money into Wolong Electric Drive account

How to buy Wolong Electric Drive (600580.SS) shares through DeGiro

As soon as we have the money, we will be able to acquire our first share. You can either select the «Place Order» button in the corner or explore in the DeGiro browser and put in the ticker. In the next screenshot you will find that I have used the Amazon ticker but you have to insert (600580.SS), the Wolong Electric Drive ticker. Since we are talking about an action, we will see that the related businesses and companies are listed and there we will look to find Wolong Electric Drive. The most important thing is that the ticker, the name of the company and the market in which it is listed coincide. Amazon is listed on NASDAQ (NDQ) and in your case Wolong Electric Drive Group Co., Ltd. (600580.SS) is listed in Shanghai. This step is essential so make no mistake.

american bag calendar Wolong Electric Drive

At the time of placing the order, we will pay special attention to the following . We will be able to place a limit or market order. Imagine that you want to get a share of Wolong Electric Drive, but its current price is much more prominent. With this limit order we will place the value at which we calculate to execute the acquisition and until there are no shares for sale at that value, the purchase of the share will not be executed. With a market order, you will buy the number of shares that we have suggested at the actual selling price, which will be very similar to the current trading price.

stock limited sale order Wolong Electric Drive Group Co., Ltd. (600580.SS)

In one case or another it is important that you look at the type of classification: permanent or daily . To serve as an example, in Spain, the stock market price is in the morning and until 1:00 p.m., and in the US it corresponds to the afternoon schedule in Spain. If an order is fixed, it will be held until it can be executed, but if you prefer the “of the day” option, when the session ends, if it is not executed, it will be removed from your panel in Activity – Pending Orders.

I wish that this simple post has helped you to invest in Wolong Electric Drive. THANK YOU.

  Company information
  • Wolong Electric Drive Group Co., Ltd. (600580.SS) Address: No. 1801 Renmin Avenue West Section Shangyu District Shaoxing 312300 China 86 21 3328 2771 – Website: http://www.wolong.com.cn
  • Ticker: 600580.SS
  • Industry: Unknown
  • Industry: Electrical Equipment and Parts
  • Number of employees: 14,470
  • Listed market: Shanghai

key executives

Name Title Salary exercised Year of birth
Mr. Jianbo Wu Financial director and sec. N/A N/A N/A
Mr. Xingyun Pang GM and Director N/A N/A N/A
Ms. Ya Juan Zhu Deputy General Mang. N/A N/A 1971
Mr. Yu Feng Mo Deputy General Mang. N/A N/A N/A

Recent events of :

We have no recent events for this company.