On June 21, 2022, Zhang Ping, Chairman of the Board of Directors of Beijing Energy International, Zou Shengping, Party Secretary and Chairman of PowerChina Jiangxi Electric Power Construction Co., Ltd, together with their delegations met with Fan Xianguo, Chairman of Shandong Longma Holding Group Co., Ltd. in Binzhou, Shandong. The three sides had an in-depth exchange on clean energy cooperation. Deng Jianshuang, Executive Director of Longma Holding Group, Wang Youquan, Executive Vice President, Chi Heng, Vice President, and Liu Hongtian, Deputy General Manager of Guochuang Precision Machinery; Jia Geng and Wu Chaoke, Vice Presidents of Beijing Energy International, and Liu Lei, General Manager of the North Branch of Beijing Energy International; Xiong Jianming, Assistant General Manager of Jiangxi Electric Power Construction, Kuang Xiaolong, Secretary of the Board of Directors and other relevant personnel attended the meeting.

Prior to the meeting, Zhang Ping, Zou Shengping and their delegations visited Guochuang Machinery, Guochuang Precision and its assembly factory, and learned about the technological research and development and the achievements of Longma Holding Group’s wind power casting, welding, final assembly and other business segments.

During the meeting, Fan Xianguo extended a warm welcome to Zhang Ping and Zou Shengping and introduced the core business and future development plan of Longma Holding Group. He said that the company is committed to building a one-stop procurement platform for equipment manufacturing, and its development model is a big base model. According to him, the company is focusing on laying out the whole industrial chain of big bases such as those in northwest, northeast, Shandong, Yangtze River Delta and Pearl River Delta, and he hoped to work together with his counterparts to seize the opportunity of green energy revolution, create new industrial value, enhance the competitiveness of the industry and build a new pattern of wind power industry. He spotlighted that Beijing Energy International is a leading champion with rapid development, and there is a strong complementarity and huge space for business cooperation between the two sides. He said that Jiangxi Electric Power Construction is a strategic partner of Beijing Energy International and that the three sides would have a deep-dive into cooperation in new energy in the future.

Zou Shengping said that the cooperation between Jiangxi Electric Power Construction and Beijing Energy International has a solid foundation and promising prospects. Longma Holding Group has always been at the forefront in the equipment manufacturing industry at home and abroad. It is hoped that the three parties will focus on key areas such as the development of new energy projects, take the development of energy bases as the springboard, and join hands in common development through planning consultation, engineering design, construction and operation, and investment cooperation.

Zhang Ping thanked Longma Holding Group for its strong support. He said that Longma Holding Group has strong innovation vitality and is an enterprise with great strength and strong sense of social responsibility. As mentioned by him, Jiangxi Power Construction and Beijing Energy International have enjoyed a solid foundation for cooperation, mutual trust and support, with remarkable cooperation results. Under the background of fully implementing the dual carbon strategy, it is timely for the three parties to deepen cooperation and achieve win-win development. It is hoped that they will further promote cooperation projects in Inner Mongolia and Shandong based on mutual benefit and trust, continue to expand the scale and area of cooperation, promote the implementation of strategic cooperation through cooperation mechanism and clear roadmap. He said that under market-based operation, they should deepen cooperation in new energy base projects, energy storage, hydrogen production as well as the whole industrial chain, share opportunities, resources and technology, pursue mutual empowerment and common development, and open a new chapter of win-win cooperation.