On the morning of March 10, 2023, POWERCHINA International and Shouneng Investment Management Co., Ltd. signed a Sino-Russian circular economy industrial park project cooperation agreement. Chen Guanfu, Deputy Secretary, Director and General Manager of POWERCHINA INTERNATIONAL, Liang Jun, Deputy General Manager, Liu Gangqiang, Secretary of the Party Committee and Chairman of POWERCHINA Trade Service Co., Ltd., Yu Zhihai, Chairman of the Board of Directors of First Energy Investment, and Zhao Lianjun, Director of the Decision-Making Committee attended the signing ceremony to witness Agreement signed. Xu Jianglong, assistant to the general manager of the company and deputy general manager of the Eurasian regional headquarters, and Shang Shiwei, general manager of First Energy Investment, signed on behalf of both parties.

Before the signing of the agreement, the two sides held friendly talks. Chen Guanfu extended a warm welcome to Zhihai and his delegation, and introduced the history, operation scale and core advantages of the group's international business. He said that Power Construction International is currently focusing on the fields of "water, energy, cities, and mines", accelerating strategic transformation and high-quality development, and has formed the advantages of the entire industrial chain, especially for the integration of "mining, transportation and sales" in mineral resources. ability. It is hoped that the two parties will focus on the framework of the cooperation agreement, give full play to their respective advantages, strengthen in-depth cooperation in a wide range of fields, and promote the implementation of the project to achieve results as soon as possible, so as to achieve mutual benefit and common development.

Yu Zhihai expressed his gratitude to POWERCHINA International and introduced the overall business situation of First Energy Investment. He said that through this visit, he has further deepened his understanding of PowerChina. PowerChina has the advantages of the entire industry chain and the ability to integrate resources. They have the same development goals and a solid foundation for cooperation. Deepen cooperation for mutual benefit and win-win results.

Heads of First Energy Investment, POWERCHINA Eurasia Regional Headquarters, Strategy and Operation Management Department/Board Office, Hydropower and Water Affairs Department, Legal and Risk Department/Compliance Department attended the signing ceremony.Editor/Ma Xue