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Express News | Shanghai Electric Group: The large-scale SSE High-End Equipment Manufacturing 60 Index manufacturing base in Penglai has officially started.
In November, China's industrial added value above the designated size increased by 5.4% year-on-year, with New energy Fund, Siasun Robot&Automation, and integrated circuits leading the growth.
From January to November, the added value of large-scale industries grew by 5.8% year-on-year. Among them, the production of New energy Fund vehicles, Siasun Robot&Automation, and integrated circuit products increased by 51.1%, 29.3%, and 8.7% respectively.
Express News | The first batch of equipment for the digital Aviation engine assembly Asia Vets factory has been shipped.
Shanghai Electric Announces Bond Delisting and Share Pledge Release
Express News | Shanghai Electric Group's energy company increased its capital to 1.9 billion yuan, an increase of approximately 27%.
Shanghai Electric Group (02727.HK) plans to establish a new company to expand its Machinery equipment sales Business.
According to the Securities Times, citing data from Qichacha, Shanghai Diqi New Energy Co., Ltd. was established under Shanghai Electric Group (02727.HK)(601727.SH) and fully owned by Shanghai Electric New Energy Fund. The legal representative is Ye Can, and the registered capital is 1 million yuan. The new company's business scope covers power generation, transmission, and supply; installation, maintenance, and testing of transmission, supply, and receiving electrical utilities facilities; sales of machinery and electrical equipment.