Shanghai Crane & Conveyor Works Co., Ltd., is a subsidiary of Shanghai Electric (Group) Co., Ltd. and is a large-scaled backbone enterprise of National Machinery Industry System. In 2003, the company was praised to be State Top 500 Enterprise of Machinery Industry.

With trademark of Herbules, the company provides various types of cranes and conveying equipments. 5-50 ton hook overhead crane won the Silver Prize and Herbules-brand general purpose overhead crane was titled to be Quality Product by State Ministry of Machinery Industry and Shanghai Famous Product. In 1998, the company gained ISO9001 Quality System Certification. The company also cooperated with international famous companies such as Germany Man Co., Ltd., Japan Mitsubishi Heavy Industry and so on. The products are exported abroad.