[Announcement of Winning Bid for Ordos Coal Liquefaction Project]On February 24, 2026, the bidding candidates for the comprehensive management services of the coal liquefaction upgrade demonstration project of Guoneng Energy Chemical Co., Ltd. were publicly announced. Zhongzi Engineering Co., Ltd., Huanqiu Engineering Project Management Co., Ltd., and Jiangsu Henghe Petrochemical Engineering Co., Ltd. have respectively become three candidates for winning the bid package.
The total investment of this project is 42.6 billion yuan, adopting second-generation coal liquefaction technology, and building a new 2.2 million tons/year coal liquefaction production line and an 800000 tons/year coal indirect liquefaction production line.Editor/Gao Xue
On April 9, 2026, National Energy Group Yongzhou Power Generation and Hunan Zhongtai Technology signed a polyimide film green power direct connection project at Yongzhou Land Port, witnessed by the Yongzhou Municipal Bureau of Industry and Information Technology and representatives of State Grid. Yongzhou Power Generation is responsible for building a "wind solar storage" collaborative power supply system to achieve direct connection of green electricity. Zhongtai Technology will use this to reduce electricity costs, lock in price risks, and obtain traceable green electricity certificates to meet export carbon compliance and enhance ESG image, helping both parties achieve industrial synergy and green development.Editor/Cheng Liting
TikTok recently invested $125 million in Ho Chi Minh City to focus on improving its logistics, payment, and digital commerce systems, aiming to address pain points such as low fulfillment efficiency and complex COD management in Vietnamese e-commerce. Against the backdrop of Vietnam's e-commerce scale reaching 32 billion US dollars and dominated by Shopee and TikTok, the new E-commerce Law plans to introduce strict regulations, extending supervision to live streaming e-commerce content and seller qualifications. Cross border sellers face higher thresholds for local registration and data compliance, and the platform's responsibility boundaries are further clarified.Editor/Cheng Liting