On July 30, the signing ceremony of the Strategic Cooperation Agreement between CR Power and POWERCHINA Guizhou and Runchuang Fund 540MW Batch Wind Power Project took place in Nanjing City, Jiangsu Province. Hu Min, the President of CR Power, Ge Changxin, the Board Vice Chairman and Senior Vice President, Xu Hongbo, the Assistant Executive and General Manager of the Strategic Development Department, Chairman Guo Wei and Deputy General Manager Zhu Zhaoqiang and Chief Accountant Nie Xiaojun of POWERCHINA Guizhou Engineering Co., Ltd. (thus referred to as “POWERCHINA Guizhou”) and others graced the ceremony, where Vice Chairman Ge Changxin and Chairman Guo Wei signed the agreement on behalf of both parties. In accordance with the agreement, both parties would establish a strategic cooperation relationship in new energy project cooperation and overseas business expansion etc.
President Hu Min introduced the fundamental development condition of the new energy of CR Power and analyzed the current market situation and future trend of new energy. He noted that CR Power was accelerating the new energy distribution and that the wind power project cooperation between Runchuang Fund and POWERCHINA Guizhou was a good beginning for strategic collaboration between CR Power and POWERCHINA Guizhou, and hoped that both parties could give full play to their respective advantages to build a favorable cooperation mode together and achieve combined growth which would benefit everyone.
Chairman Guo Wei introduced POWERCHINA Guizhou’s construction and development program of new energy at home and abroad and said that POWERCHINA Guizhou had the EPC integration service for new energy projects and other advantages, which are highly consistent with CR Power’s business strategy of energetically developing clean energy, so the cooperation would help both parties increase their enterprise competitiveness and achieve mutual benefits and win-win results.
At the conference, Zhao Jianjian, the General Manager of Runchuang Fund signed the Cooperation Agreement on Runchuang Fund 540MW Batch Wind Power Project with representatives of all partners. Meanwhile, all parties held talks about construction and implementation of cooperative projects and other topics and expressed their willingness of scientific planning and sincere cooperation, to attain the goal of connecting all of the batches of wind power projects to the grid and putting them into operation before June, 2019.
As a company subordinate to POWERCHINA, POWERCHINA Guizhou had National Level I Qualification of EPC for Electric Power Projects, Level I Qualification of EPC for Constructional Engineering, Qualification Certificate for Operation of Contracted Foreign Projects and other industrial qualifications, and made excellent achievements in construction of new energy power generation projects.
Nie Weimin, Asset Integration Director of CR Power, relevant regional leaders, POWERCHINA Guizhou and relevant leaders of partners concerned attended the conference.