On October 12, 2021, the “Collective Signing of Key Projects of City Construction in Hanzhong City and Commencement Ceremony of Projects in the Third Quarter” was held in the Digital Economy Industrial Park in Hanzhong City, Shaanxi Province. Wang Liuhu, Vice President of Beijing Energy International was invited to attend and signed a strategic investment agreement on the comprehensive energy project of Hanzhong Aviation Smart New City with Hanzhong Aviation Economic and Technological Development Zone. Zhong Hongjiang, Secretary of Hanzhong Municipal Party Committee, Zhang Ye, Deputy Secretary of Municipal Party Committee and Mayor, Liu Lei, General Manager of Beijing Energy International North Branch, and other relevant personnel attended the ceremony.

The Hanzhong Aviation Smart New City Project is a national demonstration base for new industrialization, a key county-level industrial concentration zone in Shaanxi Province and a provincial economic and technological development zone. The total planned investment of the zone is over 108 billion yuan, covering nearly 100 key projects in three major sectors, including aviation industry chain, infrastructure and social services. It is one of the four major zones in Hanzhong City with an investment scale of above 100 billion yuan.

After friendly negotiation between both parties, Beijing Energy International plans to invest in photovoltaic and integrated energy projects in Hanzhong Aviation Economic and Technological Development Zone, with a preliminary development of 1GW and a total investment of about 5 billion yuan. The signing of this contract marks that Beijing International has taken a solid step in launching major new energy projects in Shaanxi Province, and has made notable progress.