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Shareholder Background

Wholly-owned by Shanghai Electric Group.

Shanghai Electric is a large integrated equipment manufacturing group specialized in energy equipment, industrial equipment and integration services. It is committed to providing customers with solutions to technology integration and systems incorporating green, eco-friendliness, intelligence and Internet. Its products include thermal generator set(coal power, gas power), nuclear power units, wind power equipment, power transmission and distribution equipment, environment protection equipment, automation equipment, elevators, rail transit, machine tools, etc. Since the reform and opening up, numerous world leading innovative products have been produced by Shanghai Electric, such as the first set of 1000 MW ultra-supercritical coal-fired power unit, 3rd& 4th generation nuclear island and conventional island major devices, large offshore wind power equipment, high-frequency motors for the West to East Pipeline Project, etc.

As a leading brand in China’s equipment manufacturing industry, the history of Shanghai Electric can be traced back as early as 1902, which has always walked ahead of the curve in China and the world. Shanghai Electric has topped multiple lists in China and the world, won the China Industry Awards, which is the top prize in China’s industrial sector, was listed on top 500 Global Manufacturer 2017 and Fortune 500 in China, and ranked 141st in the ranking of ENR world’s top 250 largest international contractor. Its brand was valued at RMB 70.5 billion in 2018, ranking 2nd in the industry.

Shanghai Electric is committed to growing into a multinational group with global presence, transnational operation, international competitiveness and brand influence. For many years, the group has been pursuing the “going global” strategy and taking advantage of industry and financing combination to continuously explore emerging overseas markets by expanding power station, power transmission and distribution, environmental protection and other complete engineering businesses. The company has provided overseas clients with many quality engineering projects with its business covering over 40 countries along the “Belt and Road” initiative for years.