[China and Thailand join hands to promote development and write a new chapter overseas] Hengkai Electric signed a strategic cooperation agreement with Thai Chunqiu Engineering and Construction Co., Ltd.

Release time:

2024-10-31

On the afternoon of October 31, 2024, Hengkai Electric Co., Ltd. (abbreviated as: Hengkai Electric) and Thai Chunqiu Engineering and Construction Co., Ltd. (abbreviated as: Chunqiu Decoration) reached a consensus based on the principle of mutual benefit and common development. Strategic cooperation intention. Witnessed by Xiao Guogang, chairman of the Thailand-China-ASEAN Economic and Trade Promotion Association, economic adviser to the former Thai prime minister, and overseas adviser to the Hunan Federation of overseas Chinese, the signing ceremony of the strategic cooperation agreement was held in Changsha, Hunan, and the strategic cooperation agreement for the establishment of "Hengkai Chunqiu Electric Thailand Co., Ltd." was signed. The signing of this strategic cooperation agreement indicates that the two parties will work together to use their respective resources to jointly establish and operate joint ventures to carry out in-depth cooperation, jointly open a new chapter of cooperation, and create a better future.

At the signing ceremony, Li Guiping, chairman of the company, and Mr. Li Qinghe, chairman of Chunqiu Decoration, discussed the future direction and mode of cooperation.And the content of cooperation conducted in-depth exchanges and discussions, and relying on Hengkai Electric's electrical engineering, electrical equipment, photovoltaic new energy and other fields of unique advantages, jointly expressed the lackThe expectation and confidence of cooperation.

At the signing ceremony, Xiao Guogang, chairman of the Thailand-China-ASEAN Economic and Trade Promotion Association, economic adviser to the former prime minister of Thailand, and overseas adviser to the Hunan Federation of overseas Chinese, said that the signing of the strategic cooperation agreement between Hengkai Electric and Chunqiu Decoration today will be the beginning of complementary advantages, information sharing, mutual benefit and win-win situation between the two sides, as well as a new strategy and mechanism for both sides to build cooperation and development. It is hoped that the newly established "Hengkai Chunqiu Electric Thailand Co., Ltd." will further deepen all-round cooperation and exchanges in resource utilization, business integration, and full-process services, enhance the level and level of strategic coordination, enhance innovation capabilities, and achieve a new leap in the development of China-Thailand strategy.

According to the agreement, Hengkai Electric will carry out in-depth cooperation with Chunqiu Decoration in the power engineering sector, photovoltaic new energy and other fields, jointly explore market opportunities in Thailand, share resource advantages, and strengthen cooperation with leading enterprises in the industry and strong state-owned enterprises to achieve mutual benefit and win-win results; through close cooperation, the two sides will jointly enhance market competitiveness and achieve rapid business development.

Through the signing and in-depth implementation of the cooperation agreement for the establishment of the joint venture company, our company and Chunqiu Decoration will further consolidate their cooperative relationship and enhance their respective core competitiveness, which will not only lay a solid foundation for the future development of both parties, but also help both parties enter the Thai market, expand Thailand's market share, and inject new vitality into the prosperity and progress of Thailand's entire power industry. It is believed that with the joint efforts of both sides, the future cooperation will be closer and deeper, and will surely achieve more brilliant achievements and make greater contributions to social and economic development.

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[Aim at Sino-Thai Cooperation and Seize Development Opportunities] Chairman Xiao Guogang of Thailand-China-ASEAN Economic and Trade Promotion Association went to Hengkai Electric to carry out Sino-Thai economic and trade cooperation and exchanges

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