Yongfu and China Huadian Hong Kong Co. Ltd (China Huadian Hong Kong) inked a strategic operation agreement on April 23rd, Mr. Lin Yiwen, the Chairman and General Manager of Yongfu, Mr. Fang Zheng, the Chairman of Huadian Hong Kong as well as senior executives from both sides attended the signing ceremony.

China Huadian Hong Kong, a wholly-owned subsidiary of China Huadian Corporation founded and incorporated in Hong Kong in June, 2006, is a major overseas business platform of Huadian Group handling business covering overseas project investment, overseas asset management, overseas capital operation and international trade.

Over the past few years, Yongfu has actively responded to the Belt and Road initiative, deeply participated the development and construction of the energy projects in the countries along the Belt and Road, giving full play to its own advantages in technology and project management. This strategic cooperation agreement signed with China Huadian Hong Kong aims to enhance the development of overseas projects,strengthen the market competitiveness of both sides and jointly make progress in building "the Belt and Road" projects through improvement of information exchange and practical cooperation.

In the coming years, both sides will continue to expand cooperation in the field of investment for renewable energies e.g. onshore and offshore wind power, photovoltaic solar power and clean energies e.g. large-scale gas-fired power plant, combined cooling, heating and power plant (CCHP) in an effort to make contribution to the interconnection and accessibility of energy infrastructures in the countries along the Belt and Road routes.