Shanghai Electric (officially Shanghai Electric Group Company Limited) is a Chinese
multinational power generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...
and electrical equipment manufacturing company headquartered in
Shanghai
Shanghai (; , , Standard Chinese, Standard Mandarin pronunciation: ) is one of the four Direct-administered municipalities of China, direct-administered municipalities of the China, People's Republic of China (PRC). The city is located on the ...
.
The company traces its roots to 1880.
Shanghai Electric is engaged in the design, manufacture and sale of products including
power generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...
equipment,
power transmission and
distribution Distribution may refer to:
Mathematics
* Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations
*Probability distribution, the probability of a particular value or value range of a vari ...
equipment,
transformer
A transformer is a passive component that transfers electrical energy from one electrical circuit to another circuit, or multiple circuits. A varying current in any coil of the transformer produces a varying magnetic flux in the transformer' ...
s,
switchgear,
circuit breaker
A circuit breaker is an electrical safety device designed to protect an electrical circuit from damage caused by an overcurrent or short circuit. Its basic function is to interrupt current flow to protect equipment and to prevent the ris ...
s, transport equipment,
machine tools
A machine tool is a machine for handling or machining metal or other rigid materials, usually by cutting, boring, grinding, shearing, or other forms of deformations. Machine tools employ some sort of tool that does the cutting or shaping. Al ...
,
elevator
An elevator or lift is a cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or decks of a building, vessel, or other structure. They ...
s,
packaging
Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a c ...
and
print machinery, and environmental protection equipment.
It is the world's largest manufacturer of steam turbines.
History
Shanghai Electric has a long history and one of its subsidiaries was established before 1880. 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
Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced b ...
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.
On April 28, 2005, Shanghai Electric 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 rep ...
. On December 5, 2008, the group was listed on the
Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Excha ...
.
In October 2010, Shanghai Electric and
Reliance Power of India signed a US$8.3 billion agreement for Shanghai Electric to supply 36 coal-fired thermal power generation units to Reliance over the subsequent three years.
In April 2011 Shanghai Electric and
Alstom
Alstom SA is a French multinational corporation, multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the A ...
agreed to combine their power plant boiler divisions into a new joint-venture company called Alstom-Shanghai Electric Boilers Co. In June 2011, Shanghai Electric announced plans to invest RMB 1 billion in a joint venture with Shanghai Municipal Electric Power Company, with each to hold a 50% stake.
In September 2011, Shanghai Electric signed a cooperation agreement with CESC to collaborate on the construction of coal-based power stations in India.
Corporate affairs
Shanghai Electric has several
A share listed subsidiaries, including Shanghai Mechanical & Electrical Industry co., Ltd., and has over 50 joint-ventures, including Shanghai Mitsubishi Elevator Co., Ltd., a joint venture with
Mitsubishi
The is a group of autonomous Japanese multinational companies in a variety of industries.
Founded by YatarÅ Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 ...
.
Shanghai Electric has a strategy to assist in the improvement of the China's overall competitiveness through the achievement of three major objectives: "core business concentration, self-mastered innovation and global resource consolidation". The company also intends to develop its "Shanghai Electric" brand into a universal brand.
Products
Shanghai Electric is engaged in the design, manufacture and sale of products including
power generation
Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...
equipment,
wind turbines,
power transmission and
distribution Distribution may refer to:
Mathematics
* Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations
*Probability distribution, the probability of a particular value or value range of a vari ...
equipment,
transformer
A transformer is a passive component that transfers electrical energy from one electrical circuit to another circuit, or multiple circuits. A varying current in any coil of the transformer produces a varying magnetic flux in the transformer' ...
s,
switchgear,
circuit breaker
A circuit breaker is an electrical safety device designed to protect an electrical circuit from damage caused by an overcurrent or short circuit. Its basic function is to interrupt current flow to protect equipment and to prevent the ris ...
s, transport equipment,
machine tools
A machine tool is a machine for handling or machining metal or other rigid materials, usually by cutting, boring, grinding, shearing, or other forms of deformations. Machine tools employ some sort of tool that does the cutting or shaping. Al ...
,
elevator
An elevator or lift is a cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or decks of a building, vessel, or other structure. They ...
s,
packaging
Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a c ...
and
print machinery and environmental protection equipment.
Shanghai Electric offers
turnkey systems and service for
power plants.
Subsidiaries
Shanghai Electric Wind Energy Co., Ltd. is a wind turbine manufacturing company.
* In 2006 they bought the license to produce DeWind 1.25 megawatts (MW) D6 wind turbines.
* Since 2009 Shanghai Electric Wind is producing a 2MW wind turbine (development by
aerodyn Energiesysteme GmbH)
* SEWIND developed a 3.6MW offshore turbine (2010)
* In 2009 Siemens and Shanghai Electric intend to set up two new joint ventures to form a strategic alliance for the Chinese wind power market.
* They developed a 5.0MW offshore turbine (2012)
References
External links
Shanghai Electric Group Company LimitedElectrical Power Transformers companyStep Down Transformers suppliersStep Down Transformers suppliers
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Companies listed on the Hong Kong Stock Exchange
Companies listed on the Shanghai Stock Exchange
Companies in the CSI 100 Index
Government-owned companies of China
Manufacturing companies of China
Companies based in Shanghai
Manufacturing companies established in 2004
Chinese companies established in 2004
Electrical engineering companies of China
H shares
Chinese brands