Shanghai Electric's wholly-owned subsidiary Shanghai Electric Hong Kong Company Limited, through the establishment of a BVI subsidiary Shanghai Electric Global Capital Limited, completed the issuance of 1.5 billion yuan in offshore renminbi green bonds. The bonds carry an annual interest rate of 1.8 percent, have a term of three years, and were listed on the Hong Kong Stock Exchange on August 20, 2026. In the first quarter of 2026, Shanghai Electric achieved revenue of 24.319 billion yuan and net profit attributable to the parent company of 380 million yuan.
Shanghai Electric Group Co LtdSubsidiary issued 1.5 billion yuan green bonds at low rate, providing financing.
Issued bonds as financing vehicle, though not directly discussed.
