Shanghai Elec Group Co Ltd Stock Price, News & Analysis

Shanghai Electric (SIELY) has partnered with nine research enterprises to establish China's first heterogeneous humanoid robot training facility, the Humanoid Robot Kylin Training Ground. The facility currently accommodates over 100 robots, with plans to expand capacity to train 1,000 general-purpose robots by 2027.

The initiative, launched in collaboration with the National and Local Co-Built Humanoid Robotics Innovation Center, will implement training programs across various industries including equipment manufacturing, automotive production, and home appliances. Shanghai Electric Nuclear Power Group successfully deployed its first humanoid robot for nuclear industry operations on December 1, 2024, focusing on extreme and high-risk operational environments.

Since March 2024, the company's Central Research Institute has been exploring practical applications of humanoid robots in the nuclear power industry, aiming to replace high-intensity, high-risk, and repetitive tasks to enhance efficiency and safety in nuclear power manufacturing.

Shanghai Electric (SEHK:2727, SSE:601727) has successfully completed Uzbekistan's first digital substation, the Zafarabad 220kV Digital Substation in Jizzakh Province. The state-of-the-art facility spans 75,000 square meters and will double the power supply to the Jizzakh region with a 400-megawatt capacity.

The substation features two 250 MVA auto-transformers that will step down voltage from 220kV to 110kV for local distribution. The fully digitalized system includes advanced monitoring and data acquisition capabilities, reducing on-site maintenance requirements and improving operational safety.

The project, awarded by the National Electric Grid of Uzbekistan in October 2021, addresses the country's long-standing electricity shortages. The facility will enhance power distribution to industrial enterprises and residential areas, marking a significant milestone in the region's power infrastructure development.

Shanghai Electric (SEHK:2727, SSE:601727) has received multiple certifications for its international clean energy projects, demonstrating excellence in safety and environmental protection. The company achieved significant milestones including:

- 15 million safe human hours at Dubai's Noor Energy 1 Solar Project
- 3 million safe labor hours at Oman's Manah-1 Solar Plant
- 5 million safe labor hours at Bangladesh's Rupsha Power Plant

The company's waste-to-energy plant in Selangor, Malaysia, received the Annual Environmental Management Excellence Award, adding to eight previous environmental awards. In Pakistan's Thar region, the company contributed to community development through educational donations. Shanghai Electric's ESG performance has been recognized through inclusion in multiple Hang Seng Sustainability indices and the ESG Listed Companies Yangtze River Delta Pioneer 50 (2024).

Shanghai Electric (SEHK:2727, SSE:601727) showcased innovative sustainable technologies at the World Future Energy Summit 2025 in Abu Dhabi. The company presented several breakthrough solutions:

The Bristack-Z1000 alkaline electrolyzer for green hydrogen production achieves 12% lower DC power consumption than industry standards at 2500 A/m2, certified by TÜV Rheinland. Their sustainable formaldehyde production technology integrates volatile wind and solar energy to reduce carbon emissions.

The Creator 210R series photovoltaic module features high efficiency and innovative silicon wafer structure. The company also highlighted their energy storage solutions, including the High Inertia Synchronous Condenser with 140 MW/s kinetic energy and 11.2-second inertia time constant.

Their 3rd generation desalination technology achieves energy consumption under 2 kWh per ton with a 95%+ annual utilization rate, addressing water crises in the Middle East and North Africa.

Shanghai Electric (SEHK:2727, SSE:601727) recently completed an eight-day training program for 20 employees from Pakistan's Thar Coalfield Block I Energy Integration Project. The program, conducted in Shanghai and Beijing, included seminars on corporate culture, advanced technologies, and facility visits to enhance participants' skills and knowledge.

The Thar Coalfield Block 1 project, operational since February 2023, has an annual output capacity of 9 billion kilowatt-hours, serving approximately 4 million households. The company's commitment to sustainability and gender equality was recognized with the Women Empowerment and Gender Equality Award in 2023 from the Employers' Federation of Pakistan and the International Labour Organization, as well as the Contributors to Shared Prosperity accolade at the 16th Annual CSR Summit.

Shanghai Electric (SEHK:2727, SSE:601727) celebrates 10 years since acquiring Nedschroef with the groundbreaking of a second automotive fastener factory in Tarragona, Spain. The new facility is part of Nedschroef's three-year action plan to optimize production capacity and operational efficiency. The company has expanded its technological capabilities through CP Tech's acquisition seven years ago, enabling advancement in high-precision components for automotive, aerospace, and specialized vehicles.

The integration includes supply chain optimization through Shanghai Zhenhua Bearings' high-performance needle bearings supply to CP Tech, and market expansion opportunities through Shanghai Electric's industrial software partnerships to enhance Setup Wizard's visualization capabilities in the civilian automotive market.

Shanghai Electric celebrates 17 years of operations in Africa, highlighting its significant contribution to the continent's power infrastructure development. Since 2007, the company has completed 28 power supply projects, including 1,457.16 kilometers of transmission lines and 51 power plants and substations. Key projects include Djibouti's Railway Electrification (2014), Ethiopia's Transmission Network (2008), Angola's Urban Revitalization (2020), and Nigeria's Grid Modernization. These initiatives have improved electricity access for millions of residents and businesses across Africa.

Shanghai Electric (SEHK:2727, SSE:601727) has signed new strategic cooperation agreements with Carrier Group and SKF China Sales at CIIE 2024. The partnerships aim to enhance Shanghai Electric's R&D capabilities in energy and industrial solutions, focusing on developing and upgrading offerings to support global decarbonization efforts. These collaborations will strengthen the company's innovation in advanced and efficient energy technologies.

Shanghai Electric (SEHK:2727, SSE:601727) showcased its latest green energy innovations at Enlit Asia 2024 in Kuala Lumpur, Malaysia. The company exhibited a comprehensive portfolio of technologies, including:

• Solar energy: Creator 210R series heterojunction modules and Pioneer 210R series TOPCon modules with up to 90% bifacial rate and 640W maximum output
• Hydrogen energy: Alkaline and PEM water electrolysis technologies, featuring the next-generation Z series alkaline electrolyzers with 10,000A/m² current density and 4.1kWh/Nm³ DC energy consumption
• Energy storage: Compressed air, lithium battery, flow battery, flywheel, and molten salt thermal storage solutions

The exhibition also featured core equipment and products for residential, commercial, and industrial energy storage, attracting visitors interested in future partnerships and collaborations.