SEP, Minhong Group Forge Strategic Partnership

On October 26, 2017, SEP and Shanghai Land Minhong (Group) Co., Ltd. (Minhong Group) held a signing ceremony of Strategic Cooperation Framework Agreement and ABB Minhang Park Distributed PV EMC Agreement. Also present at the signing ceremony were Minhang District Deputy Head Shen Jun, District Development and Reform Commission (DRC) Director Li Wei, Shanghai Land (Group) Co., Ltd. Vice President Xue Hong, Minhong Group Executive Director and President Feng Xiaoming and ABB Shanghai Motors Co., Ltd. President Wu Yuhui. SEP Chairman Wang Yundan and Discipline Inspection Committee Secretary Li E also attended the ceremony, which was presided over by SEP Deputy President Xia Meixing.



Wang Yundan delivered a speech on behalf of SEP. He noted that the signing of strategic cooperation framework agreement between SEP and Minhong Group coincided with the successful convening of the 19th CPC National Congress. SEP will leverage the advantages in investment, technology and energy services, bring more green, environment-friendly and intelligent elements to Minhang Development Zone and the other new park zones under the leadership of Minhang District Government, and strive to make greater contributions to the economic development of the district. Wang also introduced the company's development history, elaborated the company's overseas business layout, and expressed resolution and belief in building another SEP overseas by 2020.



Shen Jun congratulated on the successful signing of the strategic cooperation agreement on behalf of Minhang District Government. He expressed that the district government will actively implement the government subsidy for distributed PV projects, and lend strong support to the exploration and application of integrated smart energy in the park zone by SEP and Minhong Group. He also hoped that ABB Minhang Park PV Project could lay a foundation for more smart energy projects in Minhang Development Zone.



Feng Xiaoming stated that Minhong Group was willing to join with SEP in the comprehensive energy utilization in the park zone, and that both sides would observe the principle of deepening understanding, complementing each other's advantages, and win-win cooperation, actively improve the existing park zone with scientific planning of new park zone, and construct an energy-saving, eco-friendly and smart new park zone keeping pace with the times.



SEP Crelead Co. Deputy General Manager Zhong Wenjing gave a brief introduction to the background of this cooperation and the project situation. ABB Minhang Park Distributed PV Project has been granted the approval of national grid connection and has completed filing process with NDRC, and is expected to realize commercial operation and grid synchronization within this year. SEP Crelead will keep the construction quality and project progress under strict control, construct the project into a high-quality and demonstration construction project, and lay a solid foundation for further cooperation between the two sides in Minhang park zone.


The leaders of SEP General Office, Planning and Development Department, Sales Department and related affiliated companies participated in the ceremony.

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