Strategic Cooperation between CIMC and Shenzhen Gas to Establish a One-stop Clean Energy and Heat Supply Solution and R&D Center

On December 4, a signing ceremony of a strategic cooperation between CIMC Enric, a subsidiary of CIMC, and a clean energy company of Shenzhen Gas was held, in which senior executives, including Gao Xiang, the president of CIMC and the chairman of CIMC Enric, Yang Xiaohu, an executive director and the president of CIMC Enric, and Wang Wenjie, the chairman of Shenzhen Gas, attended and witnessed the signing ceremony.

Gao Xiang emphasized that based on the concept of Shenzhen Gas in pursuit of the development of clean energy, aligning perfectly with that of CIMC Enric, the parties embraced the time-honored and deep-rooted cooperation. As a new start for cooperation in the fields of new energy and intelligent manufacturing, CIMC Enric will take full advantage of its global business presence and rich experience in equipment manufacturing, and make joint efforts with Shenzhen Gas to gain more win-win achievements in terms of clean energy utilization and digital intelligence, such as hydrogen energy, green methanol and “Shenran Machine”.

Wang Wenjie commented that Shenzhen Gas gave full play to the advantages of its dual principal businesses of “urban gas and clean energy” to develop a clean energy supply system. As a globally leading provider of key equipment, core processes and integrated services for clean energy, CIMC Enric shares the same strategic goals and value proposition with CIMC in promoting green and low-carbon development. Both parties are expected to leverage this signing as an opportunity to focus on natural gas trade and development of foreign trade, overseas market expansion, new energy sectors such as energy storage, and advanced manufacturing of “Shenran Machine”. By a commitment to staying open-minded and a mutually beneficial and trusting partnership, both parties will create business models for high-quality development of green and low-carbon industries.

As a cutting-edge heating technology powered by clean energy, the “Shenran Machine” integrates advanced research and development concepts including gas-and-power synergy, efficiency improvement and energy conservation, compact skid-mounted design and intelligent regulation. It also features significant advantages such as less space occupation, low purchase cost, high energy efficiency and reduced operation and maintenance costs, and achieves an unprecedented level of intelligent, unmanned control. CIMC Enric will deliver a comprehensive solution for the clean energy company of Shenzhen Gas, including production, manufacturing, testing, supply chain support and delivery training. Relying on advantageous resources of our company and CIMC, CIMC Enric will provide value-added services such as global marine logistics, installation and commissioning services, and full lifecycle support, to build a global one-stop solution of clean energy equipment for Shenzhen Gas.

At the meeting, both parties established a joint research and development center for “Shenran Machine” to carry out research and development, production, testing, certification, shipping and other matters. The parties also reached numerous consensuses on future cooperation priorities and development issues of common concern, and discussed issues on LNG receiving stations, natural gas trade and overseas investment.