Date: 2020-05-19
— Cooperation Announcement —
Congratulations to ZiQuan Energy on signing an investment agreement with the direct investment subsidiary of Shenergy Group. Shenergy (Group) Co., Ltd., established in 1996 with a registered capital of RMB 10 billion, is primarily engaged in the investment, construction, and management of energy infrastructure such as electricity and gas production and supply. It is a state-owned wholly-owned limited liability company supervised by the Shanghai State-owned Assets Supervision and Administration Commission.
— Synergy & Collaboration —
Our company’s emerging integrated energy services and existing power project integration business share multiple potential connection points with Shenergy Group’s operations. The cooperation aims to leverage the respective resource advantages of both parties, with plans to collaborate across various production and operation segments, fully unlocking synergistic effects.
— Capital & Growth —
The capital injection from Shenergy Group strengthens our company’s financial foundation. Moving forward, further promotion of integrated business cooperation will accelerate our business development and support a more stable and robust corporate transformation and upgrade.
