On the afternoon of July 16, Zhao Qiming, Chairman of the Company, held talks with Wang Hui, General Manager of the Review Department of China Export & Credit Insurance Corporation (Sinosure), and Yan Jifa, General Manager of Sinosure Shandong Branch. Zhou Hejun, Deputy General Manager of the Company, attended the meeting.

Zhao Qiming extended a warm welcome to Wang Hui, Yan Jifa and their entourage. He reviewed the long-standing sound cooperation between the two sides and expressed gratitude for the consistent support provided by Sinosure. In addition, he introduced the Company’s market expansion progress, business layout and strategic planning. He stated that as China’s only policy-oriented insurance institution specializing in export credit insurance business, Sinosure has offered solid guarantees for the Company’s in-depth development in the international EPC market and steady delivery of overseas projects. He expressed the hope that both parties would further strengthen strategic alignment and financial collaboration, innovate and upgrade cooperation models, and comprehensively elevate cooperation efficiency. The two sides will jointly make new achievements and deliver fruitful results in serving national opening-up strategies and advancing the high-quality development of the Belt and Road Initiative.

Wang Hui thanked SEPCOIII for its trust and introduced the operational status and business development of Sinosure. He noted that as a world-renowned EPC general contractor deeply engaged in global energy construction, SEPCOIII boasts solid project performance, an excellent brand reputation and strong market competitiveness. Going forward, Sinosure will give full play to its professional advantages as a policy-based financial institution, fully support the large-scale and high-quality development of SEPCOIII’s overseas business, and achieve mutually beneficial and win-win results.

Yan Jifa affirmed the fruitful cooperation outcomes achieved by both sides over the years and introduced the local service layout and key work priorities of Sinosure Shandong Branch. He commented that rooted in Shandong and oriented toward the global market, SEPCOIII has jointly built a number of high-quality benchmark projects with Sinosure Shandong Branch. Moving forward, leveraging its local service advantages, the branch will precisely align with the Company’s development strategies and business demands. Focusing on key links including project performance, market expansion and risk prevention and control, it will continuously deepen pragmatic cooperation, expand cooperation dimensions, help improve the quality and efficiency of overseas business development, and write a new chapter of coordinated development.

During the visit, Wang Hui, Yan Jifa and their entourage visited the Company’s corporate culture exhibition hall to gain a detailed understanding of the Company’s development history and honors.

Relevant personnel from Sinosure and the Company attended the meeting.