On July 22, 2021, Zhang Ping, Chairman of the Board of Directors of Beijing Energy International Holdings Co., Ltd., visited Zou Shengping, Secretary of the Party Committee and Chairman of PowerChina Jiangxi Electric Power Construction Co., Ltd. The two sides held talks on further deepening cooperation in multiple fields. The meeting was also attended by Deputy Secretary of the Party Committee and General Manager Xiang Xiaobin and Deputy General Manager Yu Feng of Jiangxi Electric Power Construction, Vice President Ren Fengnian of China Overseas Holdings Group, and Vice President Jia Geng, Director of Administration and Human Resources Jin Xin, North China Regional Company General Manager Fan Liyun, and Northwest Regional Company General Manager Hu Yong of Beijing Energy International.

At the meeting the two sides agreed to expand cooperation fields and innovate cooperation models while consolidating the existing cooperation business, and actively promote the coordinated cooperation among the parties participating in the meeting. After the meeting, Beijing Energy International, Jiangxi Electric Power Construction, and China Overseas Holdings Group signed a cooperation framework agreement on the industrial cluster projects of green and low-carbon circular economy.

Zhang Ping pointed out that Beijing Energy International, as a state-owned enterprise for market mechanism pilot reform, is currently embarking on rapid and high-quality development. Since the two sides established a strategic partnership last year, the results have been yielded successively, laying a solid foundation for cooperation. He expressed his hope to speed up the completion of existing cooperation business coming forward, and also seek greater development potential in more fields and business formats such as integrated energy, industrial funds, etc. centering on innovative cooperation models, so that institutional organizations with more market flexibility can be constructed to actively promote two-party or even multi-party cooperation. Based on the opportunity of newly introduced project partners, they will further seize the initiative in the market towards a win-win situation.

Zou Shengping welcomed Zhang Ping and pointed out that Jiangxi Electric Power Construction is now vigorously expanding the market space and using its advantages to find new areas of economic value. Its strategic cooperation with Beijing Energy International should be more profound and sustainable with a promising future. He expressed his hope that based on the clean energy industry, the two sides can forge a closer and more diverse business cooperation model towards coordinated development of all parties in terms of new technology applications, energy storage, integrated power source, grid, load and storage solutions, etc., catering to different market demand and business backgrounds.