On June 3, 2021, Zhang Ping, Chairman of the Board of Directors of Beijing Energy International Holdings Co., Ltd., and his colleagues went to Shanghai to visit Yi Xiaorong, Deputy General Manager of Shanghai Electric and Chairman of New Energy Company. The two sides had a meeting. The meeting was also attended by Liu Haipeng, Deputy General Manager of Shanghai Electric New Energy Company, and Vice President Jia Geng, Investment Director Zhao Li, Administration and Human Resources Director Jin Xin, and East China Regional Company General Manager Du Wenyuan of Beijing Energy International.

At the meeting, the two sides introduced their respective business landscape, development plans, and expertise, and conducted in-depth discussions on the future development and cooperation opportunities in the clean energy industry.

Yi Xiaorong welcomed Zhang Ping and pointed out that Shanghai Electric and Beijing Energy International have a good foundation for cooperation. Beijing Energy International has achieved remarkable development and is highly compatible with the strategic direction of Shanghai Electric New Energy. He expressed his hope to establish a close cooperative relationship with Beijing Energy International, enhance cooperation in the field of clean energy such as wind and hydrogen storage, and give full play to their respective advantages to go hand in hand in the domestic and foreign clean energy markets.

Zhang Ping said that as a pilot company for state-owned enterprise reform of Beijing Energy, Beijing Energy International is getting on the track of rapid and high-quality development. Shanghai Electric New Energy has significant advantages in location, resources, technology, and equipment, and is complementary with Beijing Energy International. The two sides have a high level of agreement over domestic and international clean energy development, suggesting a huge room for cooperation. He expressed his hope to establish and deepen strategic partnership, put in place an efficient cooperative development mechanism, accelerate the implementation of projects, and realize resource sharing, mutual benefit and win-win results.