600835

Shanghai Mechanical & Electrical Industry Co Ltd

A maker of industrial machinery and mechatronic equipment, this Shanghai-based company produces elevators and escalators through its Shanghai Mitsubishi Elevator joint venture, plus printing and packaging machinery, hydraulic equipment, and automotive components. It began in 1993 as Shanghai Shangling Electric, maker of Shangling refrigerators, a beloved Chinese household brand of the 1980s built on Mitsubishi technology. It took its current name in 2003, and its elevator venture was the first Japanese elevator maker to set up full-scale manufacturing in China.