Shanghai Turbo Enterprises Ltd is an investment holding company that specializes in the production and sale of precision vane products for steam turbine power generators used in power plants, power stations and substations; its core offerings include moving vanes such as root vanes, turbine vanes and last stage moving vanes, as well as stationary vanes comprising compressor stator vanes and stationary vanes, and nozzles. The company serves manufacturers of steam turbine generators for new units or as replacement and upgrade parts to enhance steam flow efficiency in electricity generation; it also provides related subcontracting services. Founded in 2005 and headquartered in Changzhou, Jiangsu Province, China, Shanghai Turbo operates primarily in the Chinese market with minor sales in Korea and lists its shares on the Singapore Exchange Mainboard under the ticker AWM.SI. In recent developments, the company continues phased capital injections into subsidiaries, including a fifth phase by Changzhou 3D into its wholly-owned subsidiary in April 2025, a fourth phase in March 2025 and a third phase in October 2024; it proposed a change of auditors from RT LLP to Crowe Horwath First Trust LLP in November 2024, appointed a new non-executive independent director Juay Kiat Tan in May 2024 and made changes to board committees. Shanghai Turbo reported third quarter results in November 2025 and full year results in February 2025, amid ongoing investments in entities like Sichuan 3D New Power Technology to support operational expansion in the precision engineering sector focused on power and energy applications.