SINOMEC and GE Sign a MoU on New Distribution Network

On February 21, 2017, China Energy Engineering Group Co., Ltd. (SINOMEC) and GE Grid Solutions business group (GE) signed a MoU on strategic cooperation for newly-added distribution network project. SINOMEC Chairman Liu Bin and GE Grid Solutions Great China President Lin Chao and other executives attended the meeting.

Both sides discussed and exchanged ideas on deepening cooperation in the reform of incremental power distribution and sale market, and creating the value of industry Big Data through advanced software, analytical gorithm and low-cost sensor technology of digital industry.

SINOMEC Chairman Liu Bin appreciated GE‘s business philosophy of endless innovation and turning ideas into leading products and services, and said its advanced data management platform could be broadly applied in many businesses of SINOMEC. He recognized the great importance of cooperation and hoped both sides take this opportunity to create better situation of multi-stakeholder collaboration and joint development.