CPID Signs Strategic Cooperation Agreement with Longhao Group

On January 6, 2022, CPID signed a strategic cooperation agreement with Longhao Group at the headquarters in Beijing. Mr. Gao Ping, Executive Director and President of CPID, Mr. Zhao Jiguang, Deputy Chairman of Longhao Group, Mr. Yang Jun, Director of Silk-road Planning Research Center and China-Russia Friendship Association, and Mr. Tugaqi, Executive Chairman of Mongolia-China-Russia Economic Development Promotion Association, attended the signing ceremony. Mr. Zhao Jiguang, and Mr. Xu Ji, Chief Accountant of CPID, signed the agreement on behalf of the two sides.

Mr. Gao extended a warm welcome to Mr. Zhao and his delegation, and briefly introduced the strategies and achievements of CPID in implementing national energy strategy and green low-carbon development, as well as its experience and advantages in new energy, integrated smart energy, green electric transportation, energy storage and overseas investment. Mr. Gao said that CPID, as an energy enterprise directly under the Central Government of China, hoped that all parties would give full play to their advantages in the context of good and stable cooperative relationship among China, Russia and Mongolia, especially in coal trade, new energy development, battery swap for heavy trucks, logistics and transportation, so as to achieve win-win results.

Mr. Zhao, Mr. Yang and Mr. Tugaqi expressed their gratitude to Mr. Gao for his warm reception, and briefly introduced the advantages of Longhao Group in highway and airport construction, as well as the resource advantages of China-Russia Friendship Association and Mongolia-China-Russia Economic Development Promotion Association in Russia and Mongolia, hoping to join hands with CPID to carry out in-depth cooperation in the context of "Belt and Road" initiative and form a greater community of interests.

Mr. Li Hangbin, Vice President of Longhao Group, Mr. Dong Juncheng, President Assistant of Longhao Group, and Ms. Ling Lizhi, Procurement Manager of HBIS Beijing International Trade Co., Ltd., attended the meeting.