Shanghai Electric reported operating revenue of 63.332 billion yuan ($9.17 billion) for the first half of 2026, up 16.6% year over year, while net profit attributable to shareholders of the listed company rose 18.2% to 970 million yuan ($140.49 million). New orders totaled 100.39 billion yuan ($14.54 billion), supporting the company’s expansion in energy transition, advanced intelligent manufacturing and international markets. Energy equipment revenue increased 21.4% to 36.558 billion yuan ($5.29 billion), industrial equipment revenue rose 1.9% to 18.954 billion yuan ($2.75 billion), and integrated services revenue climbed 31.5% to 10.862 billion yuan ($1.57 billion). Energy equipment accounted for 64.24 billion yuan ($9.30 billion) of new orders, including wind equipment, energy storage, nuclear power equipment and coal-fired power equipment. Overseas wins included elevator deliveries for Dubai’s Palm Island Phase II, switchgear for a hyperscale data center in Finland and the second phase of the Stonehill Energy Storage project in Minety, Britain. The company also highlighted green methanol, offshore wind, nuclear equipment, compressed-air energy storage, humanoid robotics and industrial AI as technology-driven growth areas. Shanghai Electric said it would focus on coordination and efficiency, international expansion and digitalization to support high-end, intelligent, green and integrated business development.