Shanghai Electric Group Co Ltd - Company Profile
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Shanghai Electric Group Co Ltd (Shanghai Electric) is an equipment manufacturing company that manufactures and supplies equipment for the energy and industry sectors. The company specializes in energy generation and transmission, integration of digital intelligence, intelligent manufacturing, and automation systems. Its major products and services include nuclear power equipment, energy storage, rail transit, coal-fired and gas-fired power generation equipment, wind and hydrogen energy equipment, photovoltaic equipment, and industrial intelligent power supply systems. Shanghai Electric's offerings are utilized across various industries, including marine, transportation, aerospace, grid, petrochemical, digital healthcare, and intelligent building systems. The company collaborates and partners with global customers, enterprises and industry partners to promote innovation and deliver its solutions. It operates globally, targeting markets across various continents. Shanghai Electric is headquartered in Shanghai, China.
Headquarters
China
Address
110 Sichuan Middle Road, Huangpu District, Shanghai, 200002
Website
www.shanghai-electric.com
Telephone
86 21 33261888
No of Employees
43,074
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
2727 (HKG)
Revenue (2024)
$17.6B
9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
60.3%
(2024 vs 2023)
Market Cap*
$13.9B
Net Profit Margin (2024)
XYZ
46.2%
(2024 vs 2023)
* As of and is in US$
Shanghai Electric Group Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Wind Power: | Power Station |
| Offshore Wind Turbine | Engineering Projects for Power Transmission and Distribution |
| Onshore Wind Turbine | Construction and Installation Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company entered into a cooperation agreement with Abu Dhabi Future Energy Company (MASDAR) for the 2GW Al Sadawi solar project. |
| 2026 | Contracts/Agreements | In July, the company partnered with Guangzhou to advance manufacturing and new energy, aimed to build globally competitive industrial clusters and drive high-quality development in the Greater Bay Area. |
| 2026 | Contracts/Agreements | In June, the company partnered with Siemens Energy to jointly develop global markets and deploy green, low‑carbon energy solutions. |
Competitor Comparison
| Key Parameters | Shanghai Electric Group Co Ltd | Harbin Electric Co Ltd | China High Speed Transmission Equipment Group Co Ltd | Shanghai STEP Electric Corp | Jiangsu Shemar Electric Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | Hong Kong | China | China |
| City | Shanghai | Harbin | Hong Kong City | Shanghai | Nantong |
| State/Province | Shanghai | Heilongjiang | - | Shanghai | Jiangsu |
| No. of Employees | 43,074 | 11,415 | 8,310 | 2,520 | 1,865 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wu Lei | Chief Financial Officer | Senior Management | 2024 | 47 |
| Fu Min | Secretary; Chief Financial Officer | Senior Management | 2024 | 51 |
| Wei Xudong | Chief Financial Officer | Senior Management | 2025 | - |
| Qiao Yinping | Chief Operating Officer | Senior Management | 2025 | - |
| CHENG Yan | Chief Information Officer; Head - Digital and Informatization Department; Director - Shanghai Electric Group Digital Technology Co., Ltd. | Senior Management | 2026 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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