On October 23, Chairman Xu Bing of Wiscom System Co., Ltd. (hereinafter referred to as "Wiscom") visited CR Power. President Hu Min of CR Power met with Chairman Xu Bing and his party. The two sides discussed and exchanged views on the current market situation and future strategic cooperation and signed a strategic cooperation framework agreement.

According to the agreement, CR Power and Wiscom will establish a strategic partnership in the field of smart energy services to achieve win-win cooperation for mutual benefit based on their respective experiences and advantages in capital, projects, products, technology and operation management in the fields of survey and design and engineering general contracting, intelligent power plants, distribution automation, modular substations, energy storage, energy efficiency management platform and regional energy planning.

During the talks, President Hu Min introduced the development of CR Power in recent years and said that it is the common wish of both sides to promote the in-depth cooperation between CR Power and Wiscom. The conclusion of the strategic cooperation agreement is a good start for bilateral cooperation in various fields, and it is expected that both sides will take this opportunity to further expand the cooperation field and jointly realize new progress in business development.

Chairman Xu Bing said that CR Power is one of the leaders of the central enterprises and has excellent management mode and experience. The conclusion of this agreement is a great event that marks a new stage of cooperation between the two sides. It is hoped that both sides will further expand exchanges and cooperation in related fields based on each other's advantages to promote mutual development.

Wiscom, founded in 1995 on the basis of Southeast University, is engaged in two business segments: smart energy and smart city. In the field of smart energy, it focuses on manufacturing of power automation products, power design and general contracting business, and new energy investment and operation and maintenance. In the smart city area, it mainly carries out information infrastructure services such as electric car charging piles, smart parking and smart transportation.