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.