Shanghai Electric Showcases Robust Mid-Year Financial Performance, Recording High-Speed Growth for Low-Carbon and Renewable Energy Businesses

Shanghai Electric (SEHK:2727, SSE:601727) leveraged market opportunities across key sectors to grow significantly in H1 2023 while optimizing its corporate strategy to address global economic challenges.

Shanghai Electric advanced low-carbon transformation and clean and renewable energy pledges to support China’s “Dual-Carbon” goal during the reporting period. In H1, new orders for nuclear and high-efficiency clean thermal power equipment increased 182.33% and 386.67%, respectively, driving revenue and profit to record highs.