On September 23, 2021, Zhang Ping, Chairman of the Board of Directors of Beijing Energy International Holdings Co., Ltd., visited Chen Guanghong, CEO of Sembcorp (China) Investment Co., Ltd. in Shanghai. They had a discussion on the development and strategic cooperation of new energy projects. Li Bing, President of Sembcorp China Marketing, Zeng Guangren, Senior Vice President of Joint Venture and Government Relations; Jia Geng, Vice President of Beijing Energy International, Du Wenyuan, General Manager of East China Branch and other relevant personnel attended the meeting.

Li Bing extended a warm welcome to Zhang Ping and his delegation and introduced the development and future plan of Sembcorp (China). He said that Beijing Energy International was an industry champion well known for its rapid development and good reputation with flexible mechanism. He expressed that the two sides were highly complementary in development strategy, development concept of investment and construction in new energy. He hoped that both parties would further strengthen cooperation in new energy base projects, green hydrogen, energy storage, comprehensive energy, etc., and through forging a strategic partnership, they can better align with each other and jointly create a better future.

Zhang Ping briefed the development and future plan of Beijing Energy International. He said that the company, as a subsidiary of Beijing Energy Holding Co., Ltd., was implementing market-oriented, mixed-ownership reform amid its high-quality and rapid development. As a listed company in Singapore, Sembcorp (China) is committed to supporting China’s energy transformation and sustainable development, leveraging its strength in investment and operation experience and first-class management. Both parties saw huge potential for cooperation in investment, construction of new energy projects and strategic development of enterprises. Relying on their respective advantages in resources and market, the two parties will deepen cooperation in project development at home and abroad, boost strategic development, and create synergy and mutual benefit.