Shanghai Electric Financial Group is the financial platform of Shanghai Electric for implementing the strategy of "industry-finance integration", with the three major functions of building a managed treasury, value-added financial service platform, and a growth engine for the main business.
In 1995, Shanghai Electric Group Finance Co., Ltd. was established, becoming the cornerstone and starting point of Shanghai Electric's financial industry development. After more than 20 years of accumulation, Shanghai Electric Financial Group was formally established in October 2016. It now owns multiple units including a finance company, leasing company, investment company, and Tuling Asset Management Company, providing comprehensive, diversified, and integrated financial services and solutions to group member units, such as deposits and loans, settlement, financial advisory, project investment and financing, M&A business, capital operation, industrial chain finance, financial leasing, and asset management.
Over the years, the member units of the financial group have fully leveraged synergies and formed a joint force, adhering to the three aspects of treasury capability building, promoting product sales and project contracting, and supporting the creation of new industries and the introduction of new technologies. Using finance as a tool and industry as a platform, they provide important support for boosting the group's expansion and transformation through deep industry-finance integration and coordinating internal and external financial market resources.
Adhering to the vision of "becoming a model of the global equipment manufacturing industry financial sector in line with China's reality", the financial group always takes serving the real economy as its mission, closely follows the group's "three-step" strategic goals, and adheres to the strategic positioning of "surrounding industry, supporting industry, serving industry, and developing industry". Guided by realizing the "Electric Dream", based on performing the treasury function well, focusing on improving financial services, and accelerating industry-finance innovation as a means, the financial group vigorously promotes industry-finance integration, making unremitting efforts to promote the development of Shanghai Electric's industry, serve the strategic needs of Shanghai Electric, and continuously enhance the core competitiveness of each industry.
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