Shanghai Electric Science and Technology Venture Capital Co., Ltd.（SEVC） was established in February 2018 with a registered capital of RMB 1 billion. It is a wholly-owned subsidiary of Shanghai Electric Group Co., Ltd. and is also the legal entity of the Group's professional venture capital business.
As one of the important means for Shanghai Electric Group to acquire new technologies and reach new areas, SEVC's main business is to invest in technology based on profitability. Through business cooperation and fund cooperation, the company explores and cultivates new technologies, new businesses and new industries with world-class standards, and invests in high-tech enterprises and technologies with high growth potential in the early and mid-term，directly or indirectly. At the same time, SEVC will explore the relevant information of the new industry through the invested companies, play an exploration role for Shanghai Electric Group，and also use market resources to assist Central Research Institute to further locate the research direction.