BJ ENERGY INTL and Guo Xuan Holdings Held Business Exchanges

On November 2, 2022, Beijing Energy International and Guo Xuan Holdings held business exchanges via a video link, and the two sides discussed on in-depth cooperation in new energy and shared energy storage. Zhang Ping, Chairman of the Board of Directors of Beijing Energy International, Jia Geng, Vice President, Zhao Li, Investment Director, Wang Qi, Executive Director and Zhang Zhaoyi, Deputy General Manager of Beijing Jingneng International Integrated Smart Energy Company; Li Zhen, Party Secretary and Chairman of Guo Xuan Holdings, Cheng Chuanqi, Vice President and President of Guoxuan Digital Energy Technology, Zhang Sen, Vice President and Cao Dufeng, Vice President of Guoxuan Digital Energy Technology, and other relevant personnel attended the meeting.

During the meeting, both sides agreed that the two companies are both embracing a high-quality and rapid development stage and have scored remarkable achievements in their respective fields. The development concepts of both sides are aligned and there is a broad space for cooperation. Going forward, they will establish a long-term and efficient cooperation mechanism, carry out in-depth cooperation on new energy, shared energy storage and other fields, focusing on the construction of new energy bases, source-grid-load-storage projects and overseas energy storage markets, so as to complement each other’s advantages, jointly promote the early implementation of cooperative projects, and contribute to the early attainment of green and low-carbon transformation and development the energy sector.