Qingyuan Municipal Government Signed Contract with Guodian South and China Resources New Energy

The Qingyuan Municipal Government held signing ceremonies for strategic cooperation projects with the two central companies of China Guodian Corporation and China Resources New Energy Holdings Co., Ltd. to jointly develop six power projects, including coal-fired power generation, wind power and thermal power, with a total investment of 142 100 million yuan.

Qing Changwei, deputy secretary of the Qingyuan Municipal Party Committee, Mayor of the Municipal Party Committee, Liang Zhiqiang, member of the Standing Committee of the Municipal Party Committee, and deputy mayor of the Municipal Party Committee; Wen Jingchao, member of the Standing Committee of the Municipal Party Committee and Vice Mayor; Fang Chunyang, Party Secretary of the Southern Branch of the China Guodian Corporation; and Qian Hao, head of Guangdong Province, China Resources New Energy Holdings Co., Ltd. Signing ceremony, the city's counties (cities, districts) and municipal departments responsible for the signing ceremony.

At the signing ceremony, the Qingyuan Municipal Government, the Southern Branch of China Guodian Corporation, and China Resources New Energy Holdings Co., Ltd. conducted a coal-fired power generation project for Qingyuan Qiaoyuan Power Plant, the national wind Yingde Shakou wind power project, the Guodian Yingde prairie wind power project, and Guodian Qingyuan The Shijiao Cogeneration Project, the Hengjiao Wind Power Project in Yangjia County and the China Resources New Energy Lianshan Wind Power Project signed a cooperation agreement, with a total investment of 14.2 billion yuan.

On behalf of the municipal party committee and government, Ge Changwei expressed sincere welcome to China Southern Power Corporation's South Branch and China Resources New Energy Holdings Co., Ltd. for the development of power projects in Qingyuan. Ge Changwei said that the signing project is large and has broad prospects for development. The municipal party committee, the municipal government and relevant departments will attach great importance to this cooperation, actively cooperate with and fully support the project, and do a good job in the project docking and other related work. In the process of cooperation, the two sides should strengthen coordination and matchmaking, do a good job of all preliminary work as soon as possible, promote construction of the project as soon as possible, achieve mutual cooperation and win-win results, and make active contributions to upgrading the level of Qingyuan's industry and promoting industrial restructuring.

It is understood that China Guodian Corporation is one of the five largest power generation groups approved by the State Council. Southern Branch is a secondary branch of China Guodian and directly manages China Guodian’s enterprises in Guangdong Province and Hainan Province; China Resources New Energy Holdings Co., Ltd. It is a subsidiary of the internationally renowned Chinese state-owned China Resources Group. It specializes in the investment, development, construction and operation of wind farms at home and abroad. It has multiple advantages in industry, capital, technology and management.

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