Shanghai Electricโ Reportsโ 8.9% Revenue Increase in First Half of 2025, โคDriven by Energy Sector Growth
SHANGHAI, September 9, 2025 – Shanghai Electric Group today announced โคa robust financial performance for the โฃfirst half of 2025, reporting revenue of RMB 55.138 billion (approximately USD 7.6 billion), โan 8.9%โฃ increaseโ year-on-year. The growth was significantly propelled by โขa 22% surge in energy sales, demonstrating the company’s strengthening position in the power generation and distribution sectors. Profitโ also โincreased, thoughโ specific figures were not immediately disclosed.Theโ results underscore โShanghai Electric’s strategic โฃfocus on technological innovation and internationalโ expansion, especially within โขthe Belt and Road Initiative. The company’s commitment to researchโ and development, coupled withโ breakthroughs in โadvancedโค technologies likeโฃ controlled nuclear fusion and robotics, are positioning it asโ a key player in the global energy transition and intelligent manufacturing landscape.
Shanghai Electric โขinvestedโ RMB โข2.546 billion (USD 356.61 million) in R&D โduringโฃ the firstโ half of the year, representing โข4.7% of โits totalโข operating revenue – a 9.4% increase year-on-year. Key achievements included the delivery ofโค the world’s first cryogenicโ test Dewar โขfor the ITER magnet and the โคlaunch of its SUYUAN industrial robots, establishing a thorough robotics ecosystem.
further solidifying its technologicalโ advancements,the company’s solid-state battery production โฃline has โsuccessfully completed real-world projectโ validation,marking aโฃ important โขstep towards next-generation energy storage โsolutions. Recent projects include collaborations inโ Sarawak, Malaysia, aligning with the company’s belt and Road strategy โฃand expanding its market share in โขparticipating countries.