- Business
- Dongfang Electric Corporation Limited (SEHK:1072, SSE:600875), a subsidiary of Dongfang Electric Corporation, designs, manufactures and sells power generation equipment including hydro-generating units, steam turbine generators, wind power units, power station steam turbines, power station boilers, nuclear power units, heavy-duty gas turbine equipment and high-efficiency solar power station equipment; it provides engineering contracting services, trade and logistics, chemical containers, energy saving and environmental protection systems, power electronics and control products, hydrogen energy equipment, petrochemical equipment such as drive turbines and shield pumps, waste gas and water treatment solutions, solid waste disposal systems and energy storage integration to global energy operators. The company operates through five segments comprising renewable energy equipment such as 1.5MW to 26MW onshore and offshore wind turbines across direct-drive, double-fed and semi-direct-drive technologies; high-efficient clean energy equipment including ultra-supercritical thermal power units up to 1.35 million kW, nuclear power generating units up to 1.75 million kW and heavy-duty gas turbines; engineering and supply chain business; modern manufacturing services; and emerging growth industries encompassing hydrogen production, carbon dioxide energy storage and intelligent manufacturing. Founded in 1984 and headquartered in Chengdu, Sichuan Province, China, Dongfang Electric Corporation Limited maintains manufacturing bases in Chengdu, Deyang, Zigong and Guangzhou, with products exported to over 30 countries across Asia, Europe, Africa, Latin America and the Middle East; it serves utility operators, industrial clients and serves as a key supplier in China's power sector holding significant domestic market shares in thermal and renewable equipment. In recent developments, the company reported first-half 2025 revenue of RMB38.2 billion, up 14% year-over-year, with new orders reaching RMB65.5 billion, a 17% increase driven by clean energy and renewables; it established a joint venture with Anhui Wanneng Energy Trading in November 2025 for new energy operations, injecting assets from Mulei Dongji New Energy; advanced technological milestones including 26MW offshore wind turbine blade testing, 20MW offshore unit production, 15MW heavy-duty gas turbine operation and breakthroughs in biomass gasification and hydrogen electrolyzers; and operationalized new energy bases in Ruoqiang and Burqin while deepening reforms in cadres, personnel and job-related scientific achievements.