In 2024, Shanghai Electric achieved remarkable growth in revenue, gross margin, order volume, and cash flow, reaching RMB 116.19 billion in revenue and totaling assets of 302.51 billion yuan. The company attributed this success to its core strengths in clean energy sectors such as nuclear power, wind power, energy storage, and hydrogen energy, aligning with the increasing global demand for sustainable energy solutions. President Zhu Zhaokai emphasized Shanghai Electric's commitment to dual carbon goals and the development of integrated solutions for wind, solar, and hydrogen storage. Shanghai Electric unveiled key innovations in wind power, energy storage, and hydrogen energy sectors. Notable advancements include the Poseidon platform model for wind power, a vanadium-iron liquid flow battery for energy storage, and alkaline and PEM electrolyzers for hydrogen energy. The company also earned recognition as China's first green methanol producer with full-process ISCC EU certification. The company excelled in high-end industrial manufacturing in 2024, with significant orders and advancements in aerospace technology, automation, and industrial services. Shanghai Electric's focus on technological innovation and sustainability drove its growth, expanding its global presence and contributing to the energy transition. With a strong emphasis on clean energy and industrial manufacturing, Shanghai Electric looks poised for continued success in the future.