CPID Signs Strategic Cooperation Agreement with Sany Renewable Energy

Recently, Mr. Gao Ping, Executive Director and President of CPID, and his delegation met with Mr. Yu Liangwei, Deputy GM of Sany Renewable Energy Co., Ltd. and GM of Sany Renewable Energy Marketing Company, in Beijing, and both sides conducted in-depth communication on further strengthening all-round cooperation and signed a strategic cooperation agreement.

According to the agreement, both sides will actively implement the five development concepts of "innovation, coordination, green, openness and sharing" based on the principles of equality and mutual benefit, complementary advantages and common development, vigorously push forward the energy revolution and promote supply-side structural reform. Both sides will make use of CPID’s expertise in investment and operation and Sany's technological advantages, to carry out multi-level and all-round cooperation and achieve "complementary advantages, common development, value sharing and sustainable growth".

Mr. Gao said that CPID had rich experience in new energy project development, green power transportation, energy storage, hydrogen energy, geothermal energy, integrated intelligent energy, "new energy +", rural revitalization and international development, etc., expressed that CPID would take this strategic cooperation as an opportunity to further leverage CPID's capital, technology, management and brand advantages, and work together with Sany Renewable Energy to contribute to the realization of the carbon peaking and carbon neutrality goals, and hoped that both sides would share resources and benefit from each other in the future cooperation, further innovate the cooperation mode, enhance the cooperation level, deepen the cooperation field, and realize the comprehensive strategic cooperation.

Mr. Yu welcomed the visit of Mr. Gao and his delegation, briefly introduced the key directions of Sany Renewable Energy's business, equipment manufacturing, product features and main performance, and hoped that both sides would further deepen cooperation under the background of the carbon peaking and carbon neutrality goals, establish working docking mechanism and communication channels, promote complementary advantages and achieve a mutually beneficial and win-win situation.

Mr. Zhao Yonggang, Vice President of CPID, attended the meeting and witnessed the signing of the agreement.