[China Railway and State Power Investment Corporation signed a contract]On June 29, 2022, China Railway and State Power Investment Corporation signed a strategic cooperation agreement and a memorandum on the launch of a strategic cooperation pilot project in Beijing. Chen Yun, Secretary of the Party Committee and Chairman of China Railway Group, and Qian Zhimin, Secretary of the Party Group and Chairman of SPIC attended the signing ceremony. Liu Baolong, member of the Standing Committee and Vice President of the China Railway Party Committee, signed a strategic cooperation agreement with Chen Xi, a member of the State Power Investment Party Group and Chief Accountant, on behalf of the two parties. Signed the Memorandum of Understanding on the Launch of the Strategic Cooperation Pilot Project on behalf of both parties. Editor / Zhao E
TBEA has independently developed the first prototype of ultra-high voltage high impedance AC transformer in the manufacturing industry, and multiple parties have witnessed its one-time passing of all testing and trials. The product can suppress short-circuit current in the power grid, save equipment renovation investment, and comprehensively improve the safety and stability of power grid operation. Editor/Min Jing
The Zanaojin Natural Gas Processing Plant in Mangystau Oblast, Kazakhstan has invested 216 billion tenge in steady construction, with over 90% of the pending equipment produced in China and a manufacturing completion rate of 48.3%. The project will be put into operation in 2027, with both new and old gas plants operating simultaneously to expand local natural gas deep processing capacity. Editor/Min Jing