Shanghai Electric 2025 Annual Performance Conference Held: New Orders Reach Record High, Fully Deploying New Quality of Productivity

On April 2, Shanghai Electric held its 2025 annual results briefing in Hong Kong. Shanghai Electric Group Party Secretary and Chairman Wu Lei attended the meeting. The briefing attracted a large number of institutional investors and representatives of analysts, who came on-site for in-depth exchanges with the Group’s management.

In 2025, Shanghai Electric’s various business segments worked together with concerted efforts, delivering standout highlights. With key breakthroughs achieved in new tracks such as green methanol, green hydrogen, energy storage, and superconducting power, breakthroughs in homegrown innovations—including humanoid robots, industrial machine tools, and precision bearings—are accelerating in implementation, and Shanghai Electric’s level of independent and controllable core technology continues to improve.

At the meeting, Wu Lei provided a comprehensive review of Shanghai Electric’s operating results in 2025. He said that over the past year, Shanghai Electric actively served national strategies, maintained strategic resolve from top to bottom, worked to drive stable growth, and delivered solid performance on core operating indicators. Operating quality has been comprehensively improved, new orders reached a historic high, and the Group has secured strategic initiative for steady and sound development, achieving a high-quality close to the “14th Five-Year Plan.” In 2026, Shanghai Electric will focus on fostering new quality productive forces and strengthening core competitiveness as its core goals. It will make technological innovation the primary driving force, digital transformation the main focus, and green development the distinct hallmark. By strengthening coordination across the industrial chain and enabling industry capital, it will promote high-end upgrading of traditional industries, large-scale growth of strategic emerging industries, and a forward-looking layout for future industries—so as to set the stage and get off to a strong start for high-quality development in the “15th Five-Year Plan.”

In the Q&A session, in response to issues that investors are highly concerned about—such as the Group’s robot industry layout, the development of aerospace equipment, nuclear power equipment exports, an outlook for coal-fired bidding, and gas turbine exports—the Group’s management provided clear answers. They stated that they will adhere to the positioning of “focusing on national strategies and deeply cultivating the core main business,” continue to strengthen its leading advantages in energy equipment, improve the operating efficiency of industrial equipment, and expand integrated services to global markets. In the traditional energy sector, they will strengthen regulation capabilities and advance low-carbon upgrades, while nuclear energy and nuclear fusion are accelerating their engineering implementation. In the high-end manufacturing sector, they will grow industries such as robots, aerospace, and industrial machine tools, and break through key core technologies. At the same time, they will further deepen work in overseas markets to enhance global influence in areas such as seawater desalination, transmission and distribution of power, and energy equipment.

Shanghai Electric Group Party Committee member and Vice President Jin Xiaolong, Vice President and Secretary to the Board of Directors Hu Xupeng, Chief Financial Officer Wei Xudong, and relevant personnel attended the briefing.

A wealth of information and precise insights—available on the Sina Finance app