Recent events
Recent events tied to this brand in public sources.
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2021
Shanghai Electric subsidiary fined for environmental violations
Regulators fined Shanghai Electric Group Shanghai Electric Motor Factory Co., Ltd. RMB 40,000. The penalty decision stated that the subsidiary conducted production and service activities generating volatile-organic-compound exhaust without installing pollution-control facilities as required.
2021
Shanghai Electric and China Exim Bank Shanghai Branch sign cooperation agreement
Shanghai Electric Group and the Export-Import Bank of China Shanghai Branch signed a manufacturing-focused cooperation agreement. The agreement provides for deeper cooperation in areas including intelligent manufacturing, green manufacturing and strategic emerging industries, and financial support for Shanghai Electric.
2021
Shanghai Electric Wind Power Group lists on the SSE STAR Market
Shanghai Electric Wind Power Group completed its IPO listing on the Shanghai Stock Exchange Science and Technology Innovation Board on May 19, 2021.
2020
ACWA Power and Shanghai Electric sign solar-park EPC agreement
ACWA Power and Shanghai Electric signed an EPC agreement for phase five of the Mohammed Bin Rashid Solar Park, with Shanghai Electric to deliver the project in three phases.
2020
SEunicloud wins the Zhan Lu Award
Shanghai Electric's SEunicloud platform won the Zhan Lu Award in the Best Service sector at the 2020 World Artificial Intelligence Conference Summit.
2020
Shanghai Electric and China Datang establish gas turbine services joint venture
Shanghai Electric Group and China Datang Group established China Datang Gas Turbine Technical Service Co., Ltd. on June 22. The joint venture will provide maintenance support, personnel training and spare-parts inventory management for gas-fired power plants in the Datang system.
2020
Shanghai Electric announces audited 2019 annual results
Shanghai Electric announced its audited results for the fiscal year ended December 31, 2019, reporting gross revenue of RMB 127.509 billion, up 26% from the preceding year.
2020
Shanghai Electric donates masks to Wassit Thermal Power Plant employees
Shanghai Electric announced that it had donated 40,000 surgical masks to employees of its Wassit Thermal Power Plant in Iraq in response to the COVID-19 outbreak.
2020
Shanghai Electric proposes to acquire an additional 7.3% stake in Yinghe Technology
Shanghai Electric announced a proposed agreement to acquire approximately 27.44 million shares in Yinghe Technology, representing 7.3% of its total share capital, from Wang Weidong and Xu Xiaoju for RMB 1.148 billion. The transaction was proposed, not reported as completed.