Mr. He Xi Meets Mr. Jaime A. FlorCruz, Philippine Ambassador to China

On June 26, Mr. Jaime A. FlorCruz, Philippine Ambassador to China, and his delegation visited XYZ Storage Technology Co., Ltd., and Mr. He Xi, Chief Engineer (New Energy) of SPIC and Chairman of CPID, attended the meeting.

Mr. He welcomed Mr. FlorCruz and his delegation, and introduced CPID's overseas business distribution and asset projects, and the innovation and practice of CPID's "three new" industries. Mr. He said that CPID has been actively implementing the international cooperation strategy and paying great attention to the Philippine renewable energy market, and is optimistic about the development prospects of the Philippine energy storage industry. Mr. He expressed that energy storage is a solution to meet the challenges of energy security in the Philippines, and CPID is willing to contribute Chinese power to the development of green and low-carbon energy in the Philippines, hoping to promote cooperation in new energy fields such as energy storage between both sides through exchanges as soon as possible.

Mr. FlorCruz highly praised CPID's management, technological innovation and production methods. Mr. FlorCruz expressed his long-term commitment to the friendly relations between China and the Philippines, and sincerely welcomed CPID's investment and project development in the Philippines, hoping to provide better and more reliable power solutions for the Philippines' power system construction through CPID's energy storage technologies, and to train more excellent talents in the field of power and energy storage for the Philippines. Before the meeting, Mr. FlorCruz and his delegation visited intelligent manufacturing factory of XYZ Storage Technology and color PV power house of Colorfulead Power to learn more about the energy storage equipment production line, energy storage battery compartment integration technology and color PV power technology. Mr. Wang Dongrong, Assistant to the President of CPID and Manager of Strategy Department of CPID, and the heads of CPID's International Business Department and XYZ Storage Technology participated in the discussion and exchange.