Shanghai Electric is one of the largest enterprise groups in China's equipment manufacturing industry, with the advantages of total equipment sets, general contracting of projects and comprehensive service of modern equipment. At present, its equipment manufacturing sales revenue ranks first in the country.
According to Chen Gang, from 2007 to 2009, Shanghai Electric Group's online purchases amounted to 4 billion yuan, 13.8 billion yuan, and 24.1 billion yuan, respectively, and existing customers covered Shanghai Electric Group's power generation equipment, heavy equipment, transmission and distribution, Machine tools, printing and packaging machinery, mechanical basic parts, elevators, compressors, automated instrumentation and other fields. The Group's subsidiary power plants, heavy industry groups, Mitsubishi Elevator and other subordinate subsidiaries of the Shanghai Electric Group have all achieved online procurement.
Chen Gang also stated that the company has opened a website called “Commercial and Jubao.comâ€, which mainly deals with the online disposal of corporate goods, and can solve the company’s idle goods, including idle and aging equipment, production waste, and excess. Redistribution or reprocessing of raw materials and other types of corporate resources. As of the end of November 2010, the amount of second-hand goods auctioned by companies through the website reached 100 million yuan, compared with 50 million yuan in 2009.
Shanghai Electric achieved 25.7 billion yuan in online transactions last year***
Chen Gang, the managing director of Shanghai Electric Network Technology Co., Ltd., a wholly-owned subsidiary of Shanghai Electric Group, told the “First Financial Daily†today that the company achieved an online purchase transaction volume of 25.7 billion yuan in 2010, which was when it was first established (2006 ) of 640%.