Hu Min, the President of CR Power, visited Thailand for electricity market survey on May 22. During this time, he also visited the Thai power companies and the Economic and Commercial Counsellor’s Office of the Embassy of the People’s Republic of China in the Kingdom of Thailand (“ECCO”). Wang Xiaobin, the Chief Financial Officer of CR Power, and Liu Wentianrong, the director of investment management were also among the delegation.
Meeting with Sarath, the President of Thai Gulf Group, President Hu Min introduced the basic situation of CR Power and the internationalization strategy and absolutely introduced the advantages of CR Power in clean coal-fired power, new energy, and comprehensive energy service. Welcoming the delegation, Sarath explained the characteristics of Gulf Group’s business and its development in Southeast Asia. Both sides also had intense discussions in the environment of the power market in Thailand and Southeast Asia and reached an agreement on strategic cooperation for development in Southeast Asia.
On the afternoon of the same day, President Hu Min paid a visit to the ECCO and Charoen Pokphand. At ECCO, President Hu Min and Zhang Peidong, the Counsellor, exchanged their opinions on social environment, investment environment and electricity market environment in Thailand. The Counsellor affirmed the operating performance and the goal of international strategy of CR Power. At Charoen Pokphand, President Hu Min had a broad exchange with Hong Bo, the vice president of Charoen Pokphand on the situation of the electricity market in Thailand and the development of Economic Development Zone of Eastern Economic Corridor, and reached intent to carry out comprehensive cooperation in Belt and Road region.
This visitation intensified the comprehensiveness of CR Power to Thailand and the electricity market in Greater Mekong Subregion, and also acquainted the local enterprises with CR Power, playing an active role in responding the Belt and Road Initiative, accelerating the expansion of business worldwide and achieving the objective of “3+1” business strategy.