Shanghai Electric Hongkong Co. Ltd(Abbr. Shanghai Electric HK) is the integrated platform of industry and finance, aiming to connect domestic and overseas financial and capital markets and serves to support Shanghai Electric's globalization strategy to achieve the goal of building truly international business with global footprints, competitive edge and brand print.
Shanghai Electric Hongkong Co., Ltd, incorporated in December 2001, is a subsidiary wholly owned by Shanghai Electric Group Co., Ltd.
The business portfolio of Shanghai Electric Hongkong Company includes overseas EPC, trade, equity investment, project investment, asset management, captive insurance, insurance brokerage, etc.
Shanghai Electric Hongkong Company holds a few licensed entities, Sun Wing International Asset Management Limited received type 4 license “securities advisory” and type 9 license “asset management” from Securities and Futures Commission of Hong Kong.
Shanghai Electric Insurance Company Limited received captive insurance license from Insurance Authority of Hong Kong.
Shanghai Electric Insurance Broker Co Ltd received license for conducting insurance business from China Insurance Regulatory Commission.
With Shanghai Electric going global, the unique positioning strategy of Hongkong Company has been implemented with positive results. The yearly turnover of its cross-border trade exceeded one billion HKD. It won the bid of 700MW+250MW CSP and PV solar complex in Dubai, successfully achieved license of asset management and captive insurance, invested in strategic new fields including new energy, AI etc.