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CWPC Signed a Strategic Cooperation Agreement with SouthGobi Resources, etc.
2016-08-18

  Tight grasp of new opportunities brought by expanding strategic partnership between China and Mongolia, CWPC expands markets in East Asia. On July 22, 2016, China Western Power Industrial Co., Ltd. and Zigong Youhua Science & Technology Group signed a strategic cooperation agreement with SouthGobi Resources and Ulan Bator Buride Real Estate Company on quality coal resources development ,energy corridor establishment between China and Mongolia and urban infrastructure construction ,etc. Mr.Liu Yongxiang , Deputy Party Secretary and Mayor of Zigong ,on behalf of municipal party committee and government of Zigong ,extended his warmest congratulations on signing this agreement .Chairman Li Renchao ,President Yang Jun from CWPC and other senior leaders of partners attended the signing ceremony .
  SouthGobi Resources is an international enterprise which got listed in Canada and Hong Kong and it owns and operates the largest monomer1/3 coke coal mine which is located in Southern Gobi, Mongolia and it is also one of the biggest enterprises in Mongolia .
  Sichuan Youhua Science &Technology Group is a large enterprise group and its businesses cover equipment manufacturing of conveying equipment and pumps,etc., commercial real estate development , municipal infrastructure construction, financial investment and management ,etc.
  Ulan Bator Buride Real Estate Company is the biggest real estate company in Ulan Bator, capital of Mongolia.
  This agreement refers to several different projects on electric-power power plant construction, coal transportation and construction and urban planning and construction. It is the first time that CWPC has cooperated with enterprises in Mongolia .It has important strategic meaning to establish an energy industry corridor between China and Mongolia .Successful signing of this agreement manifests remarkable superiority of CWPC in solutions of energy conservation & environment protection and new energy based on energy equipment manufacturing and EPC projects.
  Construction and operation of these projects will build a supporting point of core power supply of economic corridor between China and Mongolia ,improve clean utilization of coal resources in Mongolia ,promote its economy development ,let people in Mongolia enjoy the prosperity brought by the cooperation between China and Mongolia and will be beneficial to improve natural environment and power source structure in North China ,especially Beijing-Tianjin-Hebei region.
  Adhering  to advantage complementation and win-win principles ,CWPC will form strategic alliance with other partners on electric-power power plant construction and build resounding brands of Made in Zigong and Made in Sichuan ,seeing Mongolia as a center ,aiming at establishing an energy corridor between China and Mongolia ,improving living conditions of people in Mongolia ,exploring quality coal resources and serving the society .

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