SINOMEC Smart Energy and CGGC-UN Power Build Win-win Ecology Circle

On March 22, 2017, the subsidiary of SINOMEC—SINOMEC Smart Energy Co., Ltd. and CGGC-UN Power Co., Ltd. signed a strategic cooperation agreement in Shanghai. SINOMEC Smart Energy General Manager Chen Faren and CGGC-UN Power General Manager Liu Fei as representatives of both sides signed on the agreement. The signing ceremony was witnessed by SINOMEC President Duan Yulin, CGGC Chairman Yao Minghui, General Manager LuZhiyong, etc.

As a subsidiary of China Gezhouba Group Corporation (CGGC), CGGC UN Power is a leading comprehensive solutionprovider of distributed energy in China. It focuses on the Internet of Energyand has abundant experience of construction of distributed power plants, whole-set equipment, operation and management. The cooperation combines the strength of both sides with mutually complementary advantage, and covers all aspects of investment and development of distributed energy projects. The signing of agreement is beneficial to the company's market exploration of distributed power and helps consolidate the comprehensive competitiveness ofthe whole industry chain.