Electric energy is the most important terminal energy source for human beings. The reliability and economy of electric energy directly affect the competitiveness of every country and enterprise. Since the development of the electric power industry, the traditional external insulation of power transmission and distribution has been profoundly affecting the stability and economy of power grid power supply due to the immature technology, and has brought huge operation and maintenance costs and accident losses to the global power grid. The global economic development has paid higher electricity costs for this!
Adhering to the development vision of "Provide people with more economical electricity", in 1999, SHEMAR Power (Jiangsu SHEMAR Power Co., Ltd.) aiming at this worldwide problem, applied new materials and new technologies and successively developed technologies to fill the international gap. The new long-life composite outer insulation for power transmission, substation and distribution with performance reaching the international leading level has subverted the traditional outer insulation technology for more than 100 years, and has achieved "double clearing" of operation and maintenance costs and accident losses, which can significantly reduce transmission costs of the grid. Internationally well-known electrical equipment manufacturers represented by ABB Group, GE Group and Siemens Group, as well as power grid companies in developed countries such as Europe, America and Japan represented by the United States, are rapidly promoting the replacement of traditional products by this technology, and strive to build on the existing foundation to further reduce transmission costs.
Relying on these revolutionary technologies, as of June 30, 2020, the group has accumulated 321 domestic and international valid patents; participated in or led the formulation of a total of 30 national grid, industry, national and international standards; based on the huge social benefits and In terms of economic benefits, it won China National Science and Technology Progress Outstanding Award in 2012 and 2017 respectively.
Relying on the new materials and technologies of SHEMAR power, SMAREPC (Shanghai SHEMAR Power Engineering Co., Ltd.) provides the most competitive overall solutions for the whole life cycle for global power grid users. By setting up subsidiaries around the world, it provides local users with engineering design, product integration, construction management, operation and maintenance and other engineering general contracting services for new power grids and existing power grid transformation. At present, it has formed good cooperative relations with more than 80 power grid companies around the world, and has made substantial breakthroughs in the Chinese market, especially in mature markets represented by Spain, Canada, and the United Kingdom, as well as emerging economies represented by Brazil, India, and Southeast Asia. We has obtained many cooperation intentions, business opportunities and pre-contracts.
In the power transmission-substation-distribution link, facing the market demand of more than 1 trillion yuan per year, SHEMAR will also invest, build and operate new material power grids. The most profitable new material grid benchmark, thus driving the rapid development of the engineering and manufacturing segment. While focusing on shaping the core competitiveness, SHEMAR will also provide investment and empowerment to entrepreneurs of new materials and new technologies in the entire industry chain to further expand the ecosystem of the industry chain. Through the construction of a new ecology of the "manufacturing-engineering-grid-investment" industrial chain, SHEMAR will lead the transformation of the global power industry and make the transmission and distribution of electric energy safer, more economical and environmentally friendly.
Jiangsu SHEMAR Power Co., Ltd. (hereinafter referred to as "SHEMAR power"), founded in 1996 and headquartered in Nantong, Jiangsu Province, is an internationally renowned power system composite external insulation product development enterprise and a leading enterprise of rubber seals for domestic power equipment. The company was listed on the main board of Shanghai Stock Exchange in August 2019.
Shanghai SHEMAR Power Engineering Co., Ltd. (hereinafter referred to as "SMAREPC") was established in 2016, based in Shanghai, with a global perspective. Through the establishment of subsidiaries around the world, it provides local users with engineering design, product integration, construction management, operation and maintenance and other engineering general contracting services for new power grids and existing power grid transformation.
It is proposed to invest in BOT projects in eligible countries around the world to build a new material benchmark power grid with the lowest primary cost, the lowest maintenance cost, the least power outage loss, and the maintenance-free external insulation, and demonstrate the world.
It is planned to invest in new materials and technologies in the whole industrial chain (power generation-transmission-transformation-distribution-power consumption) and integrate them to SHEMAR power grid to further enhance the advanced nature of the power grid.
Nantong SHEMAR Power Technology Co., Ltd. (the predecessor of Jiangsu SHEMAR Power Co., Ltd.) was established, and the first product line - rubber seals for power equipment was launched.
SHEMAR has introduced technology to fill the domestic and foreign gap, and the comprehensive technical performance has reached the international leading level (CMIC  No. 010) for substation composite insulators.
The composite insulator of SHEMAR power Substation successfully resisted the severe test of Wenchuan earthquake and southern snow disaster.
SHEMAR power has developed the world's first transmission line composite insulator cross arm with comprehensive technical performance reaching the international leading level (CMIC  No. 15).
Bin Ma, chairman of the company, as one of the main executors of the project of "key Technology, complete set of equipment and engineering application of UHVAC transmission ", won 2012 China national Science and Technology Progress Outstanding Award.
Shanghai SHEMAR Power Holdings Co., Ltd. was established to fully deploy the power industry.
Shanghai SHEMAR Power Engineering Co., Ltd. was established, and SHEMAR transformed from manufacturing to service industry (engineering general contracting).
SHEMAR power developed a distribution network composite cross arm whose comprehensive performance has reached the international leading level (CMIC  No. 022).
“UHV ± 800kV DC transmission" project won the China National Science and Technology Progress Outstanding Award. (SHEMAR as one of the main completion units, SHEMAR electric power company’s chairman Bin Ma, as the project’s main participant).
On August 5th, Jiangsu SHEMAR Power Co., Ltd. was officially listed on the main board of the Shanghai Stock Exchange. The stock abbreviation: SHEMAR Power, the stock code: 603530
SMAREPC won the lead formulation right of the IEEE international standard “Technical Guidelines for Composite Cross Arm Tower Overhead Transmission Lines”.
SHEMAR Latam Holding Ltda., SHEMAR Latam Holding Ltda. was formally established.
SHEMAR Power Engineering (India) PVT. Ltd. was formally established.
SMAREPC acquired Wuhan Zhongyuan Pengfei Electric Power Design Institute.
SHEMAR power invested and established a wholly-owned subsidiary "SHEMAR Power PTE. LTD." in Singapore.