On September 11, 2024, China Energy Gezhouba No. 1 Co., Ltd. and China Energy Group Sichuan Power Generation Co., Ltd. jointly signed a landmark strategic cooperation framework agreement in Chengdu. This agreement signifies that the two parties will establish a close market development information sharing platform, make full use of their core advantages in investment, construction, management technology and other aspects in the energy field, and jointly promote the successful implementation and implementation of water conservancy, hydropower and new energy projects.

Li Guojian, the leader of Gezhouba No. 1 Company, Secretary of the Party Committee and Chairman of the Board of Directors, introduced the company's strategic positioning and transformation blueprint in detail at the meeting. He emphasized that the company is actively responding to the "four new" energy construction strategy, guided by the dual carbon goals, and promoting the profound transformation of the four major business segments. Gezhouba No. 1 Company is not only committed to consolidating its leading position in the water conservancy and hydropower industry, but also vigorously expanding the field of new energy, and at the same time achieving differentiated and regional development in diversified businesses such as green buildings and municipal, comprehensive transportation, and smart mines, aiming to comprehensively upgrade its business structure and become a leading benchmark in the industry and a model of green development. Li Guojian also expressed Gezhouba's determination to deeply integrate into the national strategy and use cutting-edge technology to promote the implementation of the national green and new energy strategy.

Zhang Ping, Secretary of the Party Committee and Chairman of the Sichuan Company of National Energy Co., Ltd., extended a warm welcome to the visit of Gezhouba No. 1 Company, and introduced the strong strength of China Energy Group as a global energy giant and the strategic positioning of Sichuan Branch. He stressed that while adhering to the advantages of traditional energy, Guoneng Sichuan Company is actively embracing the wave of new energy and striving to achieve sustainable development under the guidance of the dual carbon goal. Zhang Ping spoke highly of Gezhouba's outstanding performance in the Sichuan Suisijia Hydropower Station Project, and looked forward to deepening cooperation between the two sides in new energy and other business fields to create brilliance together.

Subsequently, under the witness of the senior management of both sides, Deng Siwen, member of the Party Committee and deputy general manager of Gezhouba No. 1 Company, and He Wen, member of the Party Committee and deputy general manager of Guoneng Sichuan Company, jointly signed this strategic cooperation framework agreement, marking that the cooperation between the two sides has entered a new stage.

The meeting also brought together a number of senior managers and heads of relevant departments of Gezhouba No. 1 Company and Guoneng Sichuan Company, who conducted in-depth exchanges on the details of cooperation and laid a solid foundation for future cooperation.Editor/Jiang Mingyue