Moody's announces completion of a periodic review of ratings of Shanghai Electric Group Company Limited
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Shanghai Electric Group Company Limited. Global Credit Research- 22 Oct 2019. Hong Kong, October 22, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Shanghai Electric Group Company Limited and other ratings that are associated with the same analytical unit.Shanghai Electric Group Company Limited is principally engaged in design, manufacture and distribution of electric power and industrial equipment. The Company's main business is new energy business, including the manufacture and sale of wind turbines and components and nuclear power equipment; efficient and clean energy business, including the manufacture and sale of thermal power equipment and power transmission and distribution equipment; industrial equipment, including the manufacture and sale of elevators and motors; modern service industry, including the contracting of construction projects of thermal power and transmission and distribution projects, as well as other businesses. The Company mainly operates its businesses in domestic and overseas markets.
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