{
 "rows": [
  {
   "company": "Shanghai Electric",
   "hq_country": "China",
   "website": "https://www.shanghai-electric.com/",
   "status": "active",
   "what_it_builds": "Listed Chinese power-equipment and industrial group building the SUYUAN bipedal industrial humanoid plus the wheeled TUOYUAN and Mermaid humanoids. They are aimed at factory work: inspection, material handling, sorting, assembly and connector insertion.",
   "what_it_builds_source": "https://kyodonewsprwire.jp/release/202607243099",
   "founded_year": "2004",
   "founded_source": "https://www.hkexnews.hk/listedco/listconews/sehk/2026/0830/2026083000013_c.pdf",
   "funding_usd": "1608278055",
   "funding_basis": "public company",
   "funding_source": "https://www.lawyersweekly.com.au/news/2056-allen-amp-overy-makes-light-of-hong-kong-ipo",
   "funding_note": "Summed: 2005-04-28 H-share IPO US$831M, USD as stated, whole offer of 2.97bn shares (share capital rose only 2.70bn, so the company got less) (https://www.lawyersweekly.com.au/news/2056-allen-amp-overy-makes-light-of-hong-kong-ipo); 2010-05-12 A-share placement RMB2,221,059,992.65 (http://file.finance.sina.com.cn/211.154.219.97:9494/MRGG/CNSESH_STOCK/2011/2011-3/2011-03-26/682784.PDF); 2017-11-06 A-share placement RMB2,999,999,995.65 (https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0328/2024032803954_c.pdf). RMB at announcement-date Fed H.10 rates 6.8270 and 6.6380. Excluded: 2008 A-share listing (share swap, no proceeds); 2016-08 RMB6.317bn and 2017-10 RMB6.628bn shares issued for assets, no cash; 2015 convertible bonds (debt); 2019 staff restricted shares; 2021 RMB5bn placement plan (terminated). Valuation: HK$98.36B on 2026-11-03, at HKD 7.844 (2026-11-02).",
   "latest_funding_date": "2017-11-06",
   "valuation_usd": "12539000000",
   "latest_model": "SUYUAN 2.0",
   "latest_model_year": "2026",
   "latest_model_source": "https://www.hkexnews.hk/listedco/listconews/sehk/2026/0830/2026083000013_c.pdf",
   "units_shipped": null,
   "units_shipped_source": null,
   "units_shipped_note": "No published count of humanoid units delivered, sold or shipped was found; the 2026 interim and 2025 annual reports give none. The only figure is the first 10 SUYUAN 2.0 placed on Shanghai Electric's own production lines for internal trial use (June 2026, https://zhuzaotoutiao.com/xw/html/23482.shtml), which is not counted as shipped.",
   "as_of": "2026-11-03"
  }
 ],
 "sources": [
  "https://www.lawyersweekly.com.au/news/2056-allen-amp-overy-makes-light-of-hong-kong-ipo",
  "http://file.finance.sina.com.cn/211.154.219.97:9494/MRGG/CNSESH_STOCK/2011/2011-3/2011-03-26/682784.PDF",
  "https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0328/2024032803954_c.pdf",
  "https://www.hkexnews.hk/listedco/listconews/sehk/2026/0830/2026083000013_c.pdf",
  "https://kyodonewsprwire.jp/release/202607243099",
  "https://stockanalysis.com/quote/hkg/2727/market-cap/",
  "https://www.federalreserve.gov/releases/h10/hist/dat00_ch.htm",
  "https://www.x-rates.com/historical/?from=USD&amount=1&date=2026-11-02",
  "https://vip.stock.finance.sina.com.cn/corp/go.php/vCI_StockStructure/stockid/601727.phtml",
  "http://vip.stock.finance.sina.com.cn/corp/view/vISSUE_MarketBulletinDetail.php?stockid=601727&id=378439",
  "http://static.cninfo.com.cn/finalpage/2016-09-01/1202666153.PDF",
  "http://basic.10jqka.com.cn/601727/capital.html",
  "https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0511/2021051100843_c.pdf",
  "https://www.shobserver.cn/journal/article/share?id=522440",
  "https://zhuzaotoutiao.com/xw/html/23482.shtml",
  "https://static.cninfo.com.cn/finalpage/2026-03-31/1225052328.PDF"
 ]
}