Shanghai Electric has released its financial results for the first half of 2024, demonstrating a robust performance with a revenue of RMB 49.869 billion and a net profit of RMB 602 million, reflecting a 2.0% increase from the previous year. The company's strategic focus on sustainable growth led to reduced expenses and steady R&D investments. Shanghai Electric's high-end equipment manufacturing division showed success, with positive results in energy, industrial equipment, and integrated services. Notably, the company secured new orders totaling RMB 83.66 billion in various sectors. In terms of innovation, Shanghai Electric expanded its energy storage portfolio with cutting-edge solutions and established itself as a full-spectrum solution provider in the hydrogen sector, showcasing its industry-leading efficiency in hydrogen production. Furthermore, the company played a pivotal role in global energy transition projects, including the development of renewable energy projects in Dubai and France, marking significant milestones in its global expansion. Shanghai Electric's achievements reflect its commitment to driving diverse energy innovations and sustainable growth.