Core Viewpoint - Shanghai Electric's stock price surged 14% to 4.91 yuan, reaching a new high since July 2015, following the signing of a significant solar project in Romania, marking a strategic collaboration in clean energy [3][4]. Group 1: Project Developments - The company has signed a contract for the Palau Phase II 342 MW solar project in Romania, which is its fourth solar project in the country [3]. - Other ongoing projects in Romania include the Palau Phase I 91.4 MW and the Skultu 56 MW solar projects, with the Ovidiu 60 MW project currently under construction [3]. - The company is also involved in various international projects, including a 2 GW solar project in Saudi Arabia and a national-level substation project in Bangladesh [4]. Group 2: Financial Performance - For the six months ending June 30, the company reported total revenue of 54.303 billion yuan, an increase of 8.9% year-on-year, with a gross margin of 19% [4]. - The net profit attributable to shareholders was 821 million yuan, up 7.3% from the previous year, with basic earnings per share of 0.053 yuan [4]. Group 3: Order Book and Market Position - The company secured new orders totaling 109.81 billion yuan during the reporting period, with a significant portion coming from energy equipment [5]. - The breakdown of new orders includes 60.04 billion yuan for energy equipment, with coal-fired power equipment at 20.08 billion yuan, nuclear power equipment at 6.77 billion yuan, and wind power equipment at 13.9 billion yuan [5]. - The company has established a strong position in the nuclear power sector, having produced and delivered multiple nuclear devices, including those for major national projects [5].
【真灼观察】上电出海成功 候回吐买货