Shanghai Electric

Shanghai Electric (officially Shanghai Electric Group Company Limited) (SEHK: 2727,SSE: 601727) is a multinational power generation and electrical equipment manufacturing company headquartered in Shanghai, China. It has a long history and one of its subsidiaries was established before 1880.

Shanghai Electric is engaged in the design, manufacture and sale of products including power generation equipment, power transmission and distribution equipment, transformers, switchgear, circuit breakers, transport equipment, machine tools, elevators, packaging and print machinery, and environmental protection equipment. It is the world's largest manufacturer of steam turbines.

Shanghai Electric is listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange.

History

Shanghai Electric has a long history and one of its subsidiaries was established before 1880. Through R&D innovations and management capability enhancement, Shanghai Electric has achieved a number of breakthroughs since 1949, including the first 6,000 kW fossil-fueled power generating unit, the first cooling gas turbine generator in the world, the first ten-thousand water pressing machine in China, the first 300 MW nuclear power generating unit in China, the first large ship-use crankshaft in China, and the first 1,000 MW ultra super-critical fossil-fueled power generating units in China.