Shanghai Electric
上海电气
Shanghai Electric is a major Chinese industrial equipment and energy company that sits at the intersection of traditional heavy manufacturing and emerging technology sectors. The company's products and partnerships show up across several domains: its equipment is used in nuclear, power generation, and grid infrastructure ; it has been a customer for domestic CAE simulation software, where Yuansuan Technology's products achieved "import substitution" in its operations ; and it is now collaborating with AI startups like LingShu Intelligent on industrial large models, covering more than 40 specialized industrial scenarios including industrial drawing design and production operations management . The company also maintains ties with academic institutions—Shanghai Jiao Tong University professors and alumni from Shanghai Electric joined a Yunqi Capital-hosted discussion on new energy technology trends in late 2022 .
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Coverage
5Y View | Bill Gurley: How the AI Wave Is Reshaping the Structure of Primary Markets
The AI wave interrupted a market correction that should have happened, and China's cutthroat competitive environment will actually forge stronger companies.
Shanghai's First Industrial Vertical Large Model — LingShu "Baigong" Passes Cyberspace Administration Filing | Linear Capital Portfolio Company
On February 22, the Shanghai Cyberspace Administration released its latest batch of registered generative AI services. **BaiGong Large Model**, developed by Shanghai Lingyi Artificial Intelligence Technology (a subsidiary of LingShu Intelligence), successfully obtained registration (Registration No.: Shanghai-BaiGong-202502050034), **becoming the first industrial vertical large model to pass registration in Shanghai.**
Linear Capital Leads Angel Round Investment in Yuansuan Technology, Which Completes Hundreds of Millions of Yuan in Series C1 Funding
Recently, Yuansuan Technology, a Linear Capital angel-round lead investment, completed a Series C1 raise of several hundred million RMB. This round was jointly invested by CITIC Securities, Zhejiang Financial Holdings, and others, with existing shareholders including CDH Venture Capital continuing to increase their stakes.
Shanghai Jiao Tong University & New Energy | Yunqi Capital BBQ Vol.42
Innovation and Challenges in the New Energy Sector



