SHA:601727

4 stories mentioning SHA:601727Updated 14d ago

Every FINWIRES story that references SHA:601727, newest first.

Shanghai Electric Expects H1 Profit to Rise Up to 22%

Shanghai Electric (SHA:601727) expects attributable net profit for the first half of 2026 to range between 920 million yuan and 1 billion yuan, up 12% to 22% from a year earlier.The power equipment maker attributed the forecast mainly to improved performance in its core businesses, government grants recognized during the period and gains from the disposal of equity interests in certain subsidiaries, according to a Monday Hong Kong bourse filing.

SHA:601727

Asia25d ago

Shanghai Electric to Sell Shanghai Property in 134.9 Million Yuan Deal

Shanghai Electric Group (HKG:2727, SHA:601727) entered into a contract to sell a property and its ancillary facilities in Shanghai to Shanghai Xinzhuang Industrial Zone Industrial for 134.9 million yuan.Xinzhuang Industrial Zone Industrial was identified as the buyer in the third public tender by the firm to sell the assets on the United Assets and Equity Exchange, according to a Thursday Hong Kong bourse filing.

HKG:2727SHA:601727

Asia47d ago

Shanghai Electric Unit to Acquire Special Purpose Equipment Maker

Shanghai Electric Group (HKG:2727, SHA:601727) unit Shenzhen Yinghe Technology agreed to acquire Anwha (Shanghai) Automation Engineering through a non-public agreement transfer for 204.3 million yuan, according to a Wednesday Hong Kong bourse filing.Of the total, 58.02% stake will be purchased from controlling shareholder Shanghai Electric Holding Group for 118.6 million yuan, while the remaining 41.98% will be acquired from eight other shareholders for 85.8 million yuan.The company believes the acquisition will help expedite the company's enhancement of its one-stop smart factory solution capabilities in the lithium battery niche.Anwha (Shanghai) Automation Engineering engages in special purpose equipment manufacturing.

HKG:2727SHA:601727

Asia95d ago

Shanghai Electric's Profit Climbs 30% in Q1

Shanghai Electric (HKG:2727, SHA:601727) recorded a 30% rise in attributable profit in the first quarter of 2026 to 380.4 million yuan from 292.3 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.Hong Kong-listed shares of the power service provider were up nearly 1% in Thursday afternoon trading, while China-listed shares were up nearly 2%.Earnings per share rose to 0.0245 yuan from 0.0188 yuan in the corresponding period of the previous fiscal year.Revenue increased 9.3% to 24.3 billion yuan from 22.2 billion yuan in the year-ago period.The firm attributed the higher profit mainly to a rise in operating revenue and gross profit.

HKG:2727SHA:601727

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