Shanghai Electric Group Co Ltd - Company Profile

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Shanghai Electric Group Co Ltd: Overview

Shanghai Electric Group Co Ltd (Shanghai Electric) a subsidiary of Shanghai Electric Group Corp, is an equipment manufacturing company that manufactures and supplies equipment for the industrial and energy sectors. The company’s key products include nuclear power generation units, thermal power units, heavy-duty equipment, elevators, power transmission and distribution equipment, printing machinery and machine tools. It also provides engineering, procurement, and construction services for modern equipment. In addition, Shanghai Electric offers products such as turbines, generators, spare parts, ancillary appliances, power station boilers, power station equipment, industry boilers, turbo-ancillary appliances and ancillary boiler appliances. It has operational presence in the US, Germany, India, Vietnam and Japan among others. Shanghai Electric is headquartered in Shanghai, China.

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Headquarters China

Address 110 Sichuan Middle Road, Huangpu District, Shanghai, 200002


Telephone 86 21 33261888

No of Employees 41,739

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange 2727 (HKG)

Revenue (2022) $17.5B -10.5% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 64.3% (2022 vs 2021)

Market Cap* $8.1B

Net Profit Margin (2022) XYZ 60.1% (2022 vs 2021)

* As of and is in US$
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Shanghai Electric Group Co Ltd premium industry data and analytics

130+

Construction Projects

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20+

Project Contacts

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1

IT Services Contracts

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1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Shanghai Electric Group Co Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Wind Power: Power Station
Offshore Wnd Turbine Engineering Projects for Power Transmission and Distribution
Nuclear Power:
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In November, Shanghai Electric Power Plant Group received the contract for the desalted water project of Qatar Vinyl Company's polyvinyl chloride plant.
2023 Commercial Operation In September, the company launched asia’s first offshore wind power service operation vessel.
2023 Corporate Changes/Expansions In September, the company announced the launch of its Hydrogen energy r&d Center and automated hydrogen energy production line.
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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 Sinojit Wind Energy Technology Co Ltd
Headquarters China China Hong Kong China China
City Shanghai Haerbin Hong Kong Shanghai Wuxi
State/Province Shanghai Heilongjiang - Shanghai Jiangsu
No. of Employees 41,739 11,746 7,761 2,622 1,143
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Leng Weiqing Chief Executive Officer; Chairman Executive Board 2021 54
Zhou Zhiyan Chief Financial Officer; Secretary Senior Management 2022 59
Tong Liping Chief Legal Officer Senior Management 2018 51
Fu Min Chief - Auditor Senior Management - 50
Liu Ping Vice Chairman Executive Board 2021 52
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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