On 11 August 2020, executives of Shandong Energy Group(“Shandong Energy” or “the Group”) headed by Mr. Li Xiyong, Chairman of the Group and Secretary of CPC Shandong Energy Committee, Mr. Man Shengang, General Manager of the Group, Deputy Secretary of CPC Shandong Energy Committee and Director of the Board, visited CRRC Corporation Limited (“CRRC”). Mr. Liu Hualong, Chairman of CRRC and Secretary of CPC CRRC Committee, Mr. Sun Yongcai, General Manager of CRRC and President of CRRC’s listing arm, met with Li Xiyong and the team and made in-depth exchanges on further strategic cooperation.
Mr. Li introduced the reform and development of Shandong Energy briefly. He said that CRRC and Shandong Energy have maintained friendly and cooperative relations for a long time, accumulated valuable experience, and reached extensive cooperation consensus. He hopes both parties continue to expand partnership, strengthen collaboration in relevant fields, and make new achievements that benefit each other.
Mr. Liu welcomed Chairman Li and the team, and introduced the recent developments of CRRC. He expressed that CRRC and Shandong Energy have been cooperating increasingly closely over the years, and hoped that, under the new normal of pandemic control, both parties to better play their advantages to deliver a win-win outcome. Mr. Zhang Baocai, member of CPC Shandong Energy Standing Committee and Vice General Manager of the Group, Mr. Ma Yunshuang, CRRC Vice President and member of CPC CRRC Standing Committee, and Mr. Wang Gongcheng, CRRC Vice President and member of CPC CRRC Standing Committee, attended the meeting.