On November 11, China Power Construction Group Leasing Co., Ltd. and Shantui Co., Ltd. signed a strategic cooperation agreement in Jining, Shandong, marking a new stage in their long-term stable cooperative relationship. Shen Chen, Party Secretary and Chairman of China Power Construction Group Leasing Co., Ltd.; Peng Shunhai, Member of the Party Committee and Deputy General Manager of China Power Construction Group Leasing Co., Ltd.; Ma Jun, Party Branch Secretary and Executive Director of Baiyeda Company under China Power Construction Group Leasing Co., Ltd.; Xu Chao, Party Branch Secretary and Executive Director of Dajia Machinery Technology Company; Lu Tie, Deputy General Manager; Wu Zhizeng, Director of the Strategy and Synergistic Development Department of Shandong Heavy Industry Group; Li Shizhen, Party Secretary and Chairman of Shantui Co., Ltd.; Han Baohui, Deputy General Manager; and other relevant personnel attended the signing ceremony.

At the signing ceremony, the two parties held in-depth discussions on expanding cooperation areas and innovating cooperation models. Shen Chen systematically introduced the breakthrough achievements of China Power Construction Leasing Company in business model innovation in recent years and its results in expanding domestic and international markets. He stated that, against the backdrop of continuously deepening national reform, China Power Construction will continue to explore business model innovation, precisely seize cooperation opportunities in innovative practice, and ultimately achieve mutual benefit and win-win results for both parties. Heads of various business segments provided supplementary explanations on the specific business development situation.

On behalf of Shandong Heavy Industry Group, Wu Zhizeng expressed sincere gratitude to China Power Construction Leasing for its long-term support of Shantui, and highly affirmed its outstanding contributions in serving national strategies, as well as its international vision and sense of responsibility demonstrated in major domestic and international project construction. Regarding future cooperation projects, Li Shizhen elaborated on Shantui's next work plan, stating that it will closely follow China Power Construction's pace, provide the best products, and serve national projects well.

The signing of this strategic cooperation agreement marks a further step up in the cooperation between China Power Construction Leasing Company and Shantui. In the future, the two parties will effectively integrate advantageous resources, play a demonstrative and leading role in promoting the high-quality development of the equipment manufacturing industry and serving national infrastructure construction, and create a new pattern of mutual benefit, win-win results, and coordinated development.