Harbin Electric Company Limited, formerly Harbin Power Equipment Company Limited, is a Chinese enterprise engaged in the research and development, manufacturing and construction of

power plant A power station, also referred to as a power plant and sometimes generating station or generating plant, is an industrial facility for the generation of electric power. Power stations are generally connected to an electrical grid. Many pow ...

equipment. Along with

Shanghai Electric Shanghai Electric (officially Shanghai Electric Group Company Limited) is a Chinese multinational power generation and electrical equipment manufacturing company headquartered in Shanghai. The company traces its roots to 1880. Shanghai Electri ...

and

Dongfang Electric Dongfang Electric Corporation () is a Chinese state-owned manufacturer of power generators and the contracts of power station projects. According to Platts, in 2009-10 the company was the second largest manufacturer of steam turbines by worldwid ...

it is one of the three largest manufacturers of power plant equipment in China. According to

Platts S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. The business was started with the foundation in 1909 of the magazine ''National Pet ...

the company in 2009-10 was the second largest manufacturer of

steam turbines A steam turbine is a machine that extracts thermal energy from pressurized steam and uses it to do mechanical work on a rotating output shaft. Its modern manifestation was invented by Charles Parsons in 1884. Fabrication of a modern steam turbin ...

by worldwide market share, tying Dongfang Electric and slightly behind Shanghai Electric.

History

In October 1994, the company was formed through the

restructuring Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons ...

of Harbin Power Plant Equipment Corporation (currently Harbin Electric Corporation).Renaming Notice of Controlling Shareholder
/ref> It is headquartered in

Harbin Harbin (; mnc, , v=Halbin; ) is a sub-provincial city and the provincial capital and the largest city of Heilongjiang province, People's Republic of China, as well as the second largest city by urban population after Shenyang and largest ...

Heilongjiang Heilongjiang () formerly romanized as Heilungkiang, is a province in northeast China. The standard one-character abbreviation for the province is (). It was formerly romanized as "Heilungkiang". It is the northernmost and easternmost province ...

and listed on the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

References

External links

Harbin Electric GroupHarbin Electric Company Limited
{{authority control Electrical engineering companies of China Engine manufacturers of China Government-owned companies of China Companies based in Harbin Energy companies established in 1994 Manufacturing companies established in 1994 H shares Companies listed on the Hong Kong Stock Exchange Water turbine manufacturers Chinese brands Chinese companies established in 1994