Mission Statement, Vision, & Core Values (2026) of Jiangsu Shemar Electric Co.,Ltd.

Founded in 1996, Jiangsu Shemar Electric Co., Ltd. (listed on Shanghai Stock Exchange as 603530.SS in 2019) has grown into a national high‑tech leader in external insulation solutions, holding over 1,000 patents - including 81 invention patents and 28 international patents - with products used in more than 100 countries and serving over 95% of global electrical equipment manufacturers; Shemar's mission to accelerate power‑industry progress through innovation is backed by participation in drafting 11 State Grid corporate standards, 4 industry standards, 5 national standards and 1 IEEE standard, leadership of 21 provincial and ministerial R&D projects, establishment of key laboratories and postdoctoral workstations, and recognition such as the National Science and Technology Progress Award in 2017, all driving a vision of delivering more economical electricity, next‑generation power systems via new materials and technology, and a core value summarized simply: 'Be valuable only by creating value.'

Jiangsu Shemar Electric Co.,Ltd (603530.SS) - Intro

• Founded: 1996 (specializing in power system external insulation)
• Public listing: Main Board, Shanghai Stock Exchange (2019) - stock code 603530
• Global reach: Products and solutions applied in >100 countries and regions
• Customer penetration: Serving over 95% of global electrical equipment manufacturers

• Promote the progress of the power industry through targeted technological innovation.
• Develop products and solutions that solve critical industry problems while delivering superior cost performance.
• Enable safer, more reliable and lower‑loss power transmission via optimized external insulation technology.

• Be the world‑class leader in external insulation systems for power equipment and grid applications.
• Expand technology leadership and global service coverage to support the energy transition and grid modernization.
• Create long‑term value for customers, shareholders and the broader power ecosystem through continuous innovation and operational excellence.

• Innovation: Systematic R&D investment-evidenced by >1,000 patents and specialized laboratories-to turn scientific advances into field‑ready products.
• Reliability: Engineering solutions designed to meet stringent grid safety and performance standards across climates and systems.
• Customer Focus: Deep collaboration with electrical equipment manufacturers (≥95% global coverage) to deliver tailored, cost‑effective solutions.
• Integrity & Compliance: Publicly listed governance (603530.SS) and adherence to national and international technical and quality standards.
• Sustainability: Product development priorities that reduce losses, extend asset life and support renewable integration on the grid.

• Patent portfolio: Over 1,000 patents, including 81 invention patents and 28 international patents, reflecting both breadth and high‑value technical innovation.
• Facilities: Establishment of key laboratories and postdoctoral workstations to accelerate applied research and commercialization cycles.
• Technology transfer: Broad adoption of Shemar solutions across more than 100 countries, demonstrating successful deployment and standards compliance.

Jiangsu Shemar Electric Co.,Ltd (603530.SS) - Overview

• Mission: Promote the progress of the power industry through innovation and value creation.
• Product emphasis: Practical solutions that address grid reliability, efficiency, and cost-effectiveness.
• Value orientation: Prioritizes societal value creation as the fundamental operational goal.

• Participated in formulation of 11 corporate standards for State Grid Corporation of China.
• Contributed to 4 industry standards and 5 national standards.
• Co-authored 1 IEEE standard.
• Undertaken 21 provincial and ministerial-level scientific and technological R&D projects.
• Recipient of the National Science and Technology Progress Award (2017).

• Vision: Be a leading partner in the modernization and digitalization of power systems, enabling safer, smarter grids.
• Strategy: Leverage targeted R&D projects and standards leadership to scale industry-wide adoption of cost-effective innovations.

• Innovation: Continuous development of solutions that resolve core industry pain points.
• Practicality: Delivering high cost-performance products with measurable impact.
• Responsibility: Creating social value and supporting national energy infrastructure goals.
• Collaboration: Engaging with standards bodies, industry partners, and government research programs.

Jiangsu Shemar Electric Co.,Ltd (603530.SS) - Mission Statement

• Promote affordable electricity for households and industry through efficiency gains and material innovation.
• Develop a new generation of power systems using advanced materials and cutting-edge technology.
• Deliver high-quality products and services to build a globally competitive Chinese electrical brand.
• Focus R&D on practical solutions for core industry problems to maximize cost performance.
• Create measurable social value-economic, environmental, and reliability improvements-as the primary measure of success.

• Transform power transmission and distribution efficiency via next-generation insulating and conductive materials.
• Scale manufacturing and supply-chain processes to lower unit costs and broaden adoption globally.
• Anchor product development on customer pain points (reliability, life-cycle cost, and maintainability).
• Maintain consistent investment in R&D and standards engagement to secure technological leadership.

• Prioritize high cost-performance product lines that address transformer/insulation losses and lifecycle costs.
• Convert R&D breakthroughs into scalable, low-cost manufacturing solutions to expand market share.
• Build a global brand by coupling technical credentials (e.g., national awards) with competitive pricing and after-sales service.

Jiangsu Shemar Electric Co.,Ltd (603530.SS) - Vision Statement

• Be valuable only by creating value - the foundational ethos guiding product development, customer engagement and capital allocation.
• Prioritize practical innovation - focus on technologies that directly reduce customer TCO (total cost of ownership) and improve grid reliability.
• Social value integration - commit to safety, environmental responsibility and community impact in procurement, manufacturing and product deployment.
• Standards leadership - contribute to national and industry standards to raise baseline quality and interoperability across the power sector.

• National recognition: Recipient of the National Science and Technology Progress Award (2017), evidencing measurable technological impact.
• R&D portfolio: Undertaken 21 provincial and ministerial-level scientific and technological R&D projects, demonstrating sustained investment in applied research.
• Standards participation: Active in standards formulation with contributions to 11 State Grid corporate standards, 4 industry standards, 5 national standards and 1 IEEE standard.