Stuttgart - Delayed Quote • EUR Shanghai Electric Group Co Ltd (USR.SG) Follow Add holdings 0.2960 -0.0180 (-5.73%) At close: May 30 at 8:24:52 AM GMT+2 All News Press Releases SEC Filings International Day for Biological Diversity 2025: Shanghai Electric Highlights Global Efforts in Biodiversity Protection, Promoting Harmony with Nature Shanghai Electric (SEHK:2727, SSE:601727) marked International Day for Biological Diversity 2025 on May 22, themed Harmony With Nature and Sustainable Development, by sharing its practice to integrate ecological protection throughout the entire engineering cycle. From the deserts of Dubai to Romania's forests, and from Malaysia's Selangor coast to Turkey's Yumurtalik district, the Company has contributed its expertise to global biodiversity conservation through community collaboration, technolog Shanghai Electric Illuminates Intersolar Europe 2025, Drives Global Energy Transformation with Full Range of Innovative New Energy Solutions Shanghai Electric (SEHK:2727, SSE:601727) once again impresses visitors at this year's Intersolar Europe, the world's leading exhibition for the solar industry, held in Munich from May 7-9. The Company showcases solutions in multiple fields, including solar and hydrogen energy, and energy storage. Utilizing its solution that adapts and localizes with cutting-edge technology, it presents an efficient path for Europe's green energy transformation and collaborates with global industry leaders to fo Shanghai Electric Forms Major Partnerships with Masdar and Mawarid for Renewable Energy Projects Shanghai Electric (SEHK:2727, SSE:601727) reached two milestone cooperation agreements in the Middle East in early April, signing a 2-gigawatt photovoltaic project agreement with Abu Dhabi Future Energy ("Masdar") in Saudi Arabia and a comprehensive wind power cooperation agreement with Oman's Mawarid Group. The agreements support Saudi Arabia's Vision 2030 and Oman Vision 2040 initiatives. They aim to advance the Middle East's energy transformation through technology exports, localized manufact Shanghai Electric Reports Continued Growth in 2024 as Its Clean Energy and High-End Equipment Push Expands Shanghai Electric (SEHK:2727, SSE:601727) reported revenue of RMB 116.19 billion. The Company cited its core strengths in nuclear power, wind power, energy storage, and hydrogen energy as key drivers, amid rising global demand for clean energy and high-end equipment manufacturing. As of December 31, 2024, total assets stood at 302.51 billion yuan. Shanghai Electric Signs Strategic Cooperation Agreements Worth Over CNY 3.637 Billion at Hannover Messe 2025 At Hannover Messe 2025, Shanghai Electric ("the Company", SEHK:2727, SSE:601727) announced the signing of strategic cooperation agreements totaling CNY 3.637 billion with enterprises from more than 10 countries, including Germany, the U.K., France, Egypt, and Zambia. These collaborations focus on advancing technological breakthroughs and industrial applications across three core themes: green and low-carbon solutions, smart infrastructure, and high-end manufacturing, with an emphasis on wind pow Shanghai Electric to Make Debut at Hannover Messe 2025 with Over 20 Breakthrough Technologies Shanghai Electric (SEHK:2727, SSE:601727) is set to make its debut in Hall 9 of Hannover Messe 2025, within the dedicated smart manufacturing zone. The company will showcase more than 20 breakthrough products and solutions from March 31 to April 4 at Stand A18, under the theme Innovation Igniting the World. A wide array of automation systems tailored for the aerospace sector, state-of-the-art e-mobility solutions, and integrated zero-carbon industrial park systems – all designed to support the g Shanghai Electric Supports the Launch of China's First Heterogeneous Humanoid Robot Training Facility Shanghai Electric (SEHK:2727, SSE:601727), alongside nine other leading research enterprises, has officially signed an operational cooperation agreement with Shanghai-based National and Local Co-Built Humanoid Robotics Innovation Center ("National-Local Center") to establish China's first heterogeneous humanoid robot training ground, the Humanoid Robot Kylin Training Ground. The launch of this groundbreaking facility marks a new chapter in the evolution of the humanoid robotics industry in China Power Digitalization: Uzbekistan's First Digital Substation Successfully Completed The Zafarabad 220kV Digital Substation, Uzbekistan's first digital substation built by Shanghai Electric (SEHK:2727, SSE:601727), has been successfully completed and commissioned. Located in Jizzakh Province, the state-of-the-art substation covers approximately 75,000 square meters and is expected to significantly enhance the power supply in eastern Uzbekistan. Shanghai Electric Awarded with Numerous Safety and Environmental Protection Certifications for Its International Power Plant Projects Shanghai Electric (SEHK:2727, SSE:601727) recently received multiple certifications for projects in photovoltaics, sustainable thermal power, safety, and environmental protection, recognizing its energy technology capabilities in Dubai, Oman, Bangladesh, and Malaysia. The Company also led community-building initiatives in Pakistan. Shanghai Electric Showcases Sustainable Development Technologies for Clean Energy and Seawater Resource Utilization at World Future Energy Summit 2025 in Abu Dhabi Shanghai Electric (SEHK:2727, SSE:601727) showcased its cutting-edge sustainable development technologies and innovative green solutions at the World Future Energy Summit held in Abu Dhabi from January 14-16, 2025. Under its Create Our Future Together banner, the Company fully demonstrated its strengths and steadfast commitment to helping global energy transformation with its green energy and resource innovations. Shanghai Electric Concludes Eight-Day Upskilling Program for Pakistan's Thar Project Employees Twenty employees from Pakistan's Thar Coalfield Block I Energy Integration Project recently completed an intensive eight-day training program in Shanghai and Beijing, China. The program, which is part of Shanghai Electric's (SEHK:2727, SSE:601727) talent upskilling initiative, provided the participants with hands-on learning opportunities and in-depth insights to upgrade their skillsets and knowledge, marking another step in Shanghai Electric's broader efforts to nurture local talent and contrib A Decade of Shanghai Electric's Acquisition of Nedschroef: New Factory Breaks Ground in Tarragona, Spain On the 10th anniversary of its acquisition of Nedschroef, Shanghai Electric (SEHK:2727, SSE:601727) marks a significant milestone with the groundbreaking of Nedschroef's second automotive fastener factory in Spain. Situated in Tarragona, a prominent city in northeastern Spain, this facility underscores Shanghai Electric's commitment to enhancing Nedschroef's capacity to deliver advanced fastening solutions across Europe. The Tarragona factory is a cornerstone of Nedschroef's three-year action pl Africa Industrialization Day (AID) 2024: Shanghai Electric Empowers Africa's Industrialization with Accumulated 28 Power Supply Projects Put into Operation Celebrating its 17-year journey in Africa, Shanghai Electric (SEHK:2727, SSE:601727) is proud to have contributed to the industrialization and development of the region's power infrastructure. Since 2007, the company has successfully completed 28 power supply projects across African countries, constructing 1,457.16 kilometers of transmission lines and 51 power plants and substations. These achievements have delivered reliable electricity to millions, driving industrial progress and improving liv CIIE 2024: Shanghai Electric Strengthens Global Partnerships, Driving Sustainable Advancements in Industrial Solutions Shanghai Electric (SEHK:2727, SSE:601727) has ushered in a new chapter for its global cooperation at this year's China International Import Expo (CIIE 2024) by signing new agreements with its partners, advancing its strategic partnerships worldwide as the company sharpens its R&D capabilities to pioneer next-generation energy and industrial solutions. Shanghai Electric Showcases Green Energy Innovations at Enlit Asia 2024, Bringing Products Designed to Empower Malaysia for Green Transition Shanghai Electric (SEHK:2727, SSE:601727) unveiled its latest energy innovations at Enlit Asia 2024, the leading conference and expo for the power and energy sector in Southeast Asia, taking place in Kuala Lumpur, Malaysia, from October 8th to 10th. Shanghai Electric showcased its comprehensive portfolio of energy innovations, with its exhibition booth featuring all-encompassing green energy technologies that highlight its latest achievements in clean coal power, solar energy, hydrogen power, an Shanghai Electric's World-Leading Industrial Solutions Land at China International Industry Fair (CIIF) 2024 Shanghai Electric ("the Company") (SEHK:2727, SSE:601727) took the spotlight at the 24th China International Industry Fair (CIIF), one of the largest global platforms for industry players to showcase their latest innovations, where the Company brought visitors on a unique journey to explore its business strategies and technological prowess that help accelerate the evolution of tomorrow's technologies. Shanghai Electric Reports FY 2024 H1 Revenue of RMB 49.869 Billion with 22.6% YoY Net Profit Growth Shanghai Electric ("the Company") (SEHK:2727, SSE:601727) releases its financial results for the first half of 2024, reporting a revenue of RMB 49.869 billion, with the net profit attributable to shareholders hitting RMB 602 million, a 2.0% increase compared to the previous year. In H1, the Company also achieved a gross profit margin of 19.2%, while cash and cash equivalents stood at RMB 34.102 billion. Asia's First Offshore Wind Power Service Operation Vessels Delivered to Further Promoting Deep-Sea Energy Coupling Exploration Shanghai Electric (SEHK:2727, SSE:601727) subsidiary, Shanghai Electric Wind Power Group, took delivery of Asia's first offshore wind power service and operation vessels (SOVs), Zhizhen 100 and Zhicheng 60, recently in Qidong, Jiangsu province. Built by Zhenhua Heavy Industries, the motherships can carry out continuous operation and maintenance operations in deep water and deep-sea wind farms, which largely alleviates pain points in China's current mainstream marine transportation ships, includi Shanghai Electric Offers Equipment Upgrades to Vietnam's Ninh Binh Power Plant, Boosting its Efficiency, Performance, and Longevity With the assistance of Shanghai Electric, the Ninh Binh Power Plant, one of Vietnam's first power plants built in Ninh Binh City, has experienced a holistic overhaul after 45 years of service. Boosted by modern technology and advanced equipment supplied by Shanghai Electric, the output of each unit of the four steam turbines has been increased from 25MW to 27MW, with the upgrade project expected to extend its operational lifespan by an additional 30 years. International Youth Day 2024: Shanghai Electric Launches Onboarding Training for New Recruits with Focus on Youth Career Development Shanghai Electric (SEHK: 2727, SSE: 601727) recently launched a comprehensive training program tailored for over 700 newly recruited graduates. This move, following a nationwide hiring spree, is aimed at molding young talent for sectors at the forefront of reshaping the energy industry. As part of the program, the recruits visited Shanghai Electric's industrial bases, where they gained insights about the company's corporate structure, innovation processes, digital advancements, and strategies fo Performance Overview Trailing total returns as of 5/30/2025, which may include dividends or other distributions. Benchmark is SSE Composite Index (000001.SS) Return USR.SG SSE Composite Index (000001.SS) YTD -13.45% -0.13% 1-Year +61.75% +8.27% 3-Year +34.55% +6.30%