Private company
Who owns China XD Electric Co., Ltd
One company in the researched set discloses a stake in China XD Electric Co., Ltd, worth $466m between them. China XD Electric Co., Ltd is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
China XD Electric Co., Ltd - Profile
- Type
- state owned enterprise
- Based in
- China
- Founded
- 2008
China XD Electric researches, designs, manufactures, tests and sells high voltage power transmission and distribution equipment from its base in Xi'an, China. Its product range covers high voltage switchgear including gas insulated switchgear, circuit breakers, disconnectors and earthing switches, power and converter transformers, smoothing and shunt reactors, direct current transmission converter valves, power capacitors, instrument transformers, bushings, insulators and surge arresters, and it exports to more than 40 countries across Europe, the Americas, Asia and Africa. The company was formed in 2008 as the listed vehicle of the state controlled China XD Group and has traded on the Shanghai Stock Exchange under the code 601179 since 2010. It also runs a grid automation joint venture in China formed with General Electric.
Source
China XD Electric Co., Ltd files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from GE and XD Electric Launch Global Transmission and Distribution Partnership (GE News), Shanghai Stock Exchange listing page for China XD Electric Co., Ltd (601179) and China XD Group Co., Ltd (Baidu Encyclopedia, English). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- GE Vernova Inc., as of 31 Dec 2025. China XD Electric Co., Ltd is publicly traded on the Shanghai Stock Exchange. GE Vernova sold portions of its stake during 2025, reducing its ownership by approximately 2 percentage points in Q1 2025 and a further approximately 3 percentage points in Q3 2025; those sales took ownership below the equity-method threshold, so the remaining investment was reclassified out of Equity method investments (Note 11, footnote a) into All other current assets (Note 10, footnote a). Note 10 states the fair value of the remaining investment was $466 million as of 31 December 2025, Level 1 (quoted market price). Neither note discloses a post-reclassification ownership percentage or share count, so pct_of_target and shares are left null rather than inferred from the pre-2025 equity-method ownership level (which itself is not stated in either filing read). Per the Q2 FY2026 10-Q, GE Vernova sold its entire remaining interest in China XD Electric during the first half of 2026 for proceeds of approximately $0.7 billion and a pre-tax realized gain of $264 million (Note 19 cross-reference); as of 17 August 2026 this is a fully divested former holding, recorded here at its last disclosed measurement date. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of China XD Electric Co., Ltd where a holder stated one, and are missing where no holder did.
