On the afternoon of July 17, Zhao Qiming, Chairman of the Company, held talks with Yue Zengzhi, Chairman of PowerChina Nuclear Engineering Corporation Limited. Cui Weixiang, Chief Accountant of PowerChina Nuclear Engineering Corporation Limited, and Zhou Hejun, Deputy General Manager of our Company, attended the meeting.

Zhao Qiming extended a warm welcome to Yue Zengzhi and his delegation, and introduced the Company’s organizational structure, market layout and full-industry-chain EPCO capabilities. He noted that PowerChina Nuclear Engineering Corporation Limited boasts outstanding business strengths and remarkable operational achievements. Rooted in the same corporate origin with profound friendship and complementary advantages, the two parties enjoy a solid foundation for all-round in-depth cooperation. Faced with new opportunities and challenges in the energy industry under the new situation, both sides should give full play to their respective professional strengths, focus on diversified fields such as energy and power as well as infrastructure construction, and continuously consolidate core competitiveness. The two parties will serve the high-quality development of the group with greater efforts and more pragmatic measures, and jointly contribute wisdom and strength to safeguarding national energy security and advancing green and low-carbon transformation.

Yue Zengzhi introduced the business layout, progress of key projects and future development plans of PowerChina Nuclear Engineering Corporation Limited. He stated that SEPCOIII has long been committed to the international EPC business and accumulated rich experience in project management and full-industry-chain resource coordination, achieving outstanding market operation results. Based on the overall international development trend of the energy industry, he expressed the expectation that both sides would further improve the regular communication mechanism, deepen experience sharing and complementary advantages, and accurately seize global market opportunities. The two parties will innovate cooperation models, expand cooperation fields and deepen collaboration levels, jointly deliver more high-quality benchmark projects, and elevate the high-quality development of both enterprises to a new level.

Relevant personnel from PowerChina Nuclear Engineering Corporation Limited and our Company attended the meeting.