Shanghai Electric Group Co,Ltdis one of the largest equipment manufacturing conglomerates in ChinaBoasting involvement in power plants,power transmission and distribution,heavy industry,rail transport,mechatronics,machine tools,green industry,elevators,printing machinery,the group now has a total of 70000 employees working at listed companies,such as Shanghai Mechanical & Electrical Industry Co,Ltd,and over 50 joint ventures,such as Shanghai Mitsubishi Elevator Co,LtdWith its businesses covering engineering design,product development,equipment manufacturing,complete engineering sets,and technological services,the group possesses key advantages in the comprehensive provision of modern equipment,complete equipment sets,and engineering works contractingSince the 1990s,Shanghai Electric has seen its sales revenues leading the Chinese equipment manufacturing industryIt is one of the most important suppliers of power generation equipment in China
High efficiency & clean energy as well as new energy equipment represent its core business segments,which accounts for 70% of sacramental revenuesLeading products include 1000 MW ultrasuper critical thermal power generators,1000 MW nuclear power units,heavyduty equipment,power transmission and distribution equipment,elevators,printing machinery and machine toolsShanghai Electric has created many domestic industrial milestones,including but not limited to:China's first 6000 kW thermal power generator,the world's first dual internal water cooled generator,China's largest 12000ton hydraulic press,the world's first mirror surface grinding machine,China's first 300MW nuclear power unit,China's first large crankshaft for marine,and China's first 1GW ultrasuper critical thermal power generator
Shanghai Electric ranked first in many international and domestic lists,and won the highest award in China's industrial field—China Industrial AwardIt was listed in Global Manufacturing 500,Fortune China 500,ranked 141st among NR 250 largest international contractors,and its brand value was RMB 60278 billion in 2017,ranked second
To boost technological innovation,Shanghai Electric has forged a system by leveraging the Academia Silica,research institutes affiliated with the group,and enterprise technology centersThe system,underpinned by industry academia research cooperation,allows enterprises and their technology centers to play the key role in innovationOn top of that,Shanghai Electric also possesses 5 national level technology centers and 15 municipal level ones in Shanghai
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