Core Viewpoint - Shanghai Electric expects a significant increase in net profit for the year 2025, projecting a range of 1.1 billion to 1.32 billion yuan, representing a year-on-year growth of 47% to 76% [1] Financial Projections - The company anticipates that the net profit attributable to shareholders, excluding non-recurring gains and losses, will be between 200 million to 240 million yuan, reflecting an increase of 820 million to 860 million yuan year-on-year [1] - The main reason for these changes is the company's focus on its core business and operational improvements, leading to steady growth in core business performance [1] Performance Highlights - Both operating revenue and total profit are expected to show year-on-year increases, indicating a positive trend in financial performance [1] - The net profit attributable to the parent company, after excluding non-recurring gains and losses, is expected to turn from a loss to a profit compared to the previous year [1]

Core Viewpoint - The company is collaborating with Shanghai Electric to develop customized technology for intelligent robots, with prototype testing expected in the first half of 2026, which could lead to cost savings if successful [1] Group 1: Collaboration and Development - The company is engaged in a partnership with Shanghai Electric for the research and development of customized intelligent robot technology [1] - Prototype testing is anticipated to begin in the first half of 2026 [1] Group 2: Market Exploration - The company is in discussions with clients such as Xpeng to explore opportunities in the humanoid robot components sector [1]

Group 1 - The core viewpoint of the news highlights significant advancements in the controlled nuclear fusion industry, which has become a national strategic focus in China, with substantial growth potential anticipated in the coming years [4][5] - The "14th Five-Year Plan" suggests a forward-looking layout for future industries, promoting hydrogen and nuclear fusion energy as new economic growth points [4] - The first fundamental law in China's nuclear energy sector, the "Atomic Energy Law," was enacted on January 15, 2023, encouraging scientific research and technological development in controlled thermonuclear fusion [4] Group 2 - Energy Singularity announced a breakthrough in high-temperature superconducting Tokamak technology, achieving a stable long pulse plasma operation of 335 seconds in its 5609th experiment [3] - The company has been focusing on the development of compact high-temperature superconducting Tokamak devices and their operational control software since its establishment in 2021 [3] - The nuclear fusion energy engineering in China has entered a substantial and systematic phase of industrial collaborative efforts, with multiple joint laboratories being established to focus on key technologies [3] Group 3 - According to CITIC Securities, the nuclear fusion industry has vast growth potential, driven by significant events and orderly domestic capital expenditures, with expectations for overseas progress to exceed forecasts [5] - The market size for nuclear fusion is projected to reach $496.55 billion by 2030, with the potential to create a trillion-dollar industrial cluster by 2050 [5] - As of January 16, 2026, there are 12 nuclear fusion concept stocks with net inflows exceeding 100 million yuan, with Western Superconducting, Western Materials, and Dongfang Electric leading the rankings [5] Group 4 - 20 nuclear fusion concept stocks are expected to see profit growth in 2025, with notable predictions for Yongding Co. and Guoguang Electric, expecting profit increases of 451.75% and 142.74% respectively [7] - Shanghai Electric is forecasted to have a profit increase of over 80%, while several other companies are expected to see growth rates exceeding 40% [7] - The controlled nuclear fusion sector is experiencing a surge in investment opportunities, particularly in the mid-to-upstream segments, driven by technological breakthroughs and policy support [5][6]

Market Performance - The other power equipment sector increased by 2.8% compared to the previous trading day, with Haibo Sichuang leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] Individual Stock Performance - Haibo Sichuang (688411) closed at 278.50, up 11.07% with a trading volume of 77,000 shares and a transaction value of 2.038 billion [1] - Maigemeite (002851) closed at 106.50, up 8.50% with a trading volume of 338,200 shares and a transaction value of 3.537 billion [1] - Yingjie Electric (300820) closed at 59.00, up 8.46% with a trading volume of 125,300 shares and a transaction value of 722 million [1] - Other notable stocks include Dongfang Electric (600875) up 5.91% and Xifeng Energy (300593) up 5.25% [1] Capital Flow Analysis - The other power equipment sector saw a net inflow of 385 million from institutional investors, while retail investors experienced a net outflow of 13.51 million [2] - The main stocks with significant capital inflow include Maigemeite with 254 million and Haibo Sichuang with 168 million [3] - Retail investors showed a net outflow in several stocks, including Maigemeite and Haibo Sichuang, indicating a shift in investor sentiment [3]

Group 1 - The core point of the article is that Shanghai Electric has announced the election of Wang Chenhao as the employee director of the sixth board of directors during the second joint meeting of the third employee representative assembly [1] Group 2 - Wang Chenhao's term will align with the term of the directors elected by the company's shareholders [1]

Core Viewpoint - Shanghai Electric (02727) announced the election of Mr. Wang Chenhao as the employee director of the sixth board of directors during the recent second joint meeting of the third employee representative assembly, marking a significant governance update for the company [1] Group 1 - Mr. Wang Chenhao has been elected as the employee director of the sixth board of directors [1] - The new board will consist of Mr. Wang and directors elected by the shareholders [1] - The term for the new board, including Mr. Wang, will be three years, starting from the date of approval by the shareholders' meeting [1]

Core Viewpoint - Shanghai Electric (02727.HK) announced the election of Wang Chenhao as the employee director of the sixth board of directors during the recent second joint meeting of the third employee representative assembly, marking a significant governance update for the company [1]. Group 1 - Wang Chenhao was elected as the employee director of the sixth board of directors [1]. - The sixth board of directors will consist of Wang Chenhao and directors elected by the shareholders' meeting [1]. - The term for Wang Chenhao will align with that of the directors elected by the shareholders' meeting, lasting three years from the date of the shareholders' approval [1].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 王先生的履歷詳情載列如下： 王晨皓，56歲，現任本公司黨委副書記、職工董事、工會主席，上海電氣控股集團有限公司董事， 上海市機電工會主席，上海電氣李斌技師學院（上海智能製造工匠學院）院長。王先生曾任上海市 針織品進出口有限公司紀委副書記、黨委書記助理、黨委辦公室主任、監察室主任，東方國際（集 團）有限公司人力資源部部長助理、綜合業務部部長助理、監察室副主任、資產運作部副部長、黨 委工作部副部長，上海東方國際資產經營管理有限公司總經理，東方國際（集團）有限公司紀委副 書記、黨委工作部部長、監察室主任，上海交運集團股份有限公司黨委副書記、紀委書記、監事會 副主席，市監委駐上海交運集團股份有限公司監察專員，本公司紀委書記、黨委委員，市監委駐本 公司監察專員。王先生擁有法學學士學位，高級政工師。 截至本公告日期及就董事會所知，除本公告所披露者外：（i）王先生并無於本公司或其任何附屬 公司擔任任何職位；（ii）王先 ...

王晨皓先生的简历详见附件。 证券代码：601727 证券简称：上海电气 编号：临 2026-002 上海电气集团股份有限公司 关于选举职工董事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 近日，上海电气集团股份有限公司（以下简称"公司"）召开第 三届职工代表大会第二次联席会议，会议选举王晨皓先生为公司第六 届董事会职工董事，王晨皓先生将与公司股东会选举产生的董事共同 组成公司第六届董事会，任期与公司股东会选举产生的董事一致。 2 1 综合业务部部长助理、监察室副主任、资产运作部副部长、党委工作 部副部长，上海东方国际资产经营管理有限公司总经理，东方国际（集 团）有限公司纪委副书记、党委工作部部长、监察室主任，上海交运 集团股份有限公司党委副书记、纪委书记、监事会副主席，市监委驻 上海交运集团股份有限公司监察专员，公司纪委书记、党委委员，市 监委驻公司监察专员。王先生拥有法学学士学位，高级政工师。 特此公告。 上海电气集团股份有限公司董事会 二〇二六年一月十六日 附：王晨皓先生简历 王晨皓先生，56 岁，现任本公司党委 ...

Core Viewpoint - Shanghai Electric Group Co., Ltd. has elected Mr. Wang Chenhao as the employee director of the sixth board of directors during the second joint meeting of the third employee representative conference [1] Group 1 - The election of Mr. Wang Chenhao will align his term with the directors elected by the shareholders' meeting [1]