1. Shanghai Electric's revenue increased 8.9% to USD 7.605 billion. 2. Energy equipment revenue surged 22.2%, boosting overall performance. 3. Secured new orders of USD 15.38 billion, indicating strong future growth. 4. Overseas revenue rose 11.7%, aligning with Belt and Road Initiative. 5. Invested USD 356.61 million in R&D, focusing on technological innovation.
Shanghai Electric's growth in revenues and orders signal robust market performance and demand, similar to previous trends following strong quarterly results. Companies like SIELY, which may have supply contracts, often benefit from such positive developments in related firms.
The article presents significant growth metrics likely to influence investor confidence in related stocks like SIELY, especially given the industrial synergies and market dynamics discussed.
The strategic investments in renewable technology and overseas expansion suggest a sustained growth trajectory for the next several years, akin to past performance of firms that capitalized on early investments in emerging technologies.
SHANGHAI, Sept. 9, 2025 /PRNewswire/ -- Shanghai Electric (SEHK: 2727, SSE: 601727), a global leader in industrial and energy equipment manufacturing, announced its mid-term performance results for the period ending June 30, 2025. The Group reported revenue of RMB 54.303 billion (USD 7.605 billion), marking an 8.9% year-on-year increase, while net profit attributable to shareholders of the parent company surged by 7.3%. These results underscore the success of Shanghai Electric's strategic growth in emerging sectors and its expanding influence in international markets.
Shanghai Electric's three core business segments—energy equipment, industrial equipment, and integrated services—synergized operations to drive structural improvements in both revenue composition and order portfolio:
In the first half of 2025, Shanghai Electric secured new orders totaling RMB 109.81 billion (USD 15.38 billion). Orders in the energy equipment sector accounted for RMB 60.04 billion (USD 8.41 billion), followed by industrial equipment for RMB 22.82 billion (USD 3.2 billion) and integrated services for RMB 26.95 billion (USD 3.77 billion). Notably, orders in the new energy sector achieved robust growth rates, showing significant progress of Shanghai Electric's green energy transition strategy.
Furthermore, the Group's overseas revenue reached RMB 8.696 billion (USD 1.218 billion), an 11.7% increase year-on-year. Key milestones included the on-schedule completion of the Zafarabad 220kV digital substation project in Uzbekistan's Jizzakh Province and the full commissioning of the Similajau-Bunut 500kV transmission line project in Sarawak, Malaysia. These achievements aligned with Shanghai Electric's strategic focus on the Belt and Road Initiative and further strengthened its market share in participating countries.
Shanghai Electric prioritizes technological innovation. In the first half of the year, the Company allocated RMB 2.546 billion (USD 356.61 million) to R&D, representing 4.7% of its total operating revenue with a 9.4% year-on-year increase.
It has solidified its position as a technological pioneer and reported core breakthroughs in controlled nuclear fusion, AI and robotics innovation. Shanghai Electric delivered the world's first cryogenic test Dewar for the ITER (International Thermonuclear Experimental Reactor) magnet in July. The Group launched its LINGKE dual-arm industrial robot and SUYUAN industrial humanoid robot, marking the initial establishment of a comprehensive robotics ecosystem spanning industrial, specialized, and intelligent robotics. Concurrently, it has strengthened its capabilities in critical components, laying the groundwork for end-to-end automation solutions.
In energy storage technology, Shanghai Electric achieved a milestone with its solid-state battery production line, where key equipment, including wet coating, mixing, rolling, and solid electrolyte transfer printing systems, has passed rigorous real-world project validation. It has accentuated the Group's technological advancement and positioned it as a frontrunner in next-generation energy storage solutions.
For further details, please visit https://www.shanghai-electric.com/group_en/.
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SOURCE Shanghai Electric