Fortune China recently released the 2019 "Fortune" China Top 500 list. Shanghai Electric rose three spots to the 93rd place for its exciting achievements over the past year by replacing old growth drivers with new ones and accelerating transformation and innovation.
According to the list, Shanghai Electric has registered a year-on-year increase of 27.17% in business revenues and 13.42% in profits, and hit an all-time high in all indicators, a great boon to its value assessment. A number of exemplary projects, a CSP + PV project in Dubai and a clean coal-fired power station in Hamrawein Egypt, also underpin Shanghai Electric to improve brand value and image. While making its business segments stronger and bigger, Shanghai Electric has since the second half of 2017 pursued industrial innovation and upgrading to meet the targets specified in the three-step strategy. With three leading industries in energy equipment, industrial equipment, and integration services, Shanghai Electric has transformed or is transforming from traditional energy equipment to clean energy equipment, from traditional manufacturing to intelligent manufacturing, from sole manufacturing processes to a model that combines manufacturing processes with services.
Shanghai PNS registry No. 31010102007087