SHANGHAI ELEC GP UNSP/ADR - SIELY STOCK NEWS

Shanghai Electric (SEHK:2727, SSE:601727) showcased its latest renewable energy solutions at the second Shanghai International Neutrality Expo from June 5th to 8th, 2024. The company highlighted its advancements in wind, photovoltaics, energy storage, and grid technologies. These innovations align with China's carbon-neutral strategy. Additionally, Shanghai Electric presented integrated equipment systems aimed at optimizing system performance and enhancing intelligent control.

Shanghai Electric showcased its green energy and industrial solutions at China Brand Day 2024, emphasizing clean energy technology to build a greener future. The exhibition highlighted the company's commitment to low-carbon innovation, technological breakthroughs, and global energy transformation. Shanghai Electric's focus on sustainable progress and prosperity aims to drive economic growth and environmental sustainability.

Shanghai Electric (SEHK:2727, SSE:601727) released its 2023 ESG report showcasing significant achievements in sustainable development. The report highlights a reduction in standard coal consumption by 3,234 tons, CO2 emissions by 8,409 tons, and a 40% decrease in water usage. The Company invested 70 million RMB in environmental protection, marking a five-year record high. Shanghai Electric continues to lead in green technology innovation, with notable advancements in low-carbon technologies, R&D investments, and global sustainability efforts.

Shanghai Electric debuts advanced industrial solutions at Hannover Messe 2024, showcasing innovative energy equipment solutions and smart energy solutions for global sustainable development. The Company presents cutting-edge technologies in offshore wind turbines, photovoltaics, energy storage, hydrogen energy integration, transmission and distribution power solutions, zero-carbon industrial park construction, lithium battery production automation, aerospace automated assembly, and industrial components.

Shanghai Electric showcased its zero-carbon solutions at the 2024 World Future Energy Summit in Abu Dhabi, emphasizing its commitment to green energy. The company presented solar energy solutions, energy storage products, and seawater desalination technologies, highlighting its global recognition for innovation in the energy sector.

Shanghai Electric Wind Power Group, a subsidiary of Shanghai Electric, celebrates the fifth anniversary of its European Innovation Center in Denmark. Senior Blade Design Expert, Koji Fukami, presents a novel approach to estimating the impact of leading-edge roughness on wind turbine blades. The method enhances blade design simulation, reducing costs and improving functionality.

Shanghai Electric celebrates International Women's Day 2024 by honoring the contributions of women in the industrial and energy equipment manufacturing sector. The company highlights initiatives for rights protection, life care, and skill development to create a more inclusive workplace for its 15,000 female employees. Women make up 20% of the total workforce, with female engineers representing 20.39% of all engineers and female executives accounting for 27% of all executives. Shanghai Electric has revised collective contracts, organized workshops, and established innovation studios to support female employees. The company is committed to creating an equal, diverse, and inclusive workplace for women.

Shanghai Electric's solar arm Nency Solar receives IEC certifications for its n-type dual-glass photovoltaic module, marking a significant stride in solar technology advancement. The company continues to invest in R&D to boost innovation and increase its presence in the renewable energy industry, aiming to develop more efficient, reliable, and high-performance solar products. The module boasts a power output of up to 630W, an efficiency rate of 3%, and high bifaciality, with advantages including a low-temperature coefficient, low light-induced degradation (LID), and low potential-induced degradation (PID), improving its versatility and long service time, as well as durability in extreme weather conditions. The release of the solar module underscores Shanghai Electric's autonomy in PV production and development, fueling its drive towards green, low-carbon, and high-quality development, and laying an important groundwork for global expansion.

Shanghai Electric (SEHK:2727, SSE:601727) announced the successful launch of the 100MW/100MWh REP1&2 Energy Storage Station project in Kent for commercial operation, marking its first large-scale overseas energy storage project. Additionally, the Fiskerton II-A solar project, the final one of the eight solar projects in Lincolnshire, has been connected to the grid. These projects are expected to enhance the efficiency, reliability, and sustainability of the power system in the UK.