On March 15th, Sunwoda and Shenzhen Energy Group Co., Ltd.officially signed a cooperation agreement in Shenzhen, with Li Yingfeng, the Party Secretary and Chairman of Shenzhen Energy Corporation, and Wang Mingwang, the founder of Sunwoda, attending and witnessing the signing. Xufei, Vice President of Shenzhen Energy Corporation, and Sun Wei, Vice President of Sunwoda, signed on behalf of both parties.

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Under the agreement, both parties will take this signing as an opportunity to engage in comprehensive, in-depth, and extensive cooperation in multiple areas, aiming to achieve resource sharing, complementary advantages, and to establish a win-win, sustainable cooperative relationship.

In the future, both parties will collaborate extensively in areas such as electrochemical energy storage, electricity sales and value-added services, comprehensive smart energy, new energy development, overseas project development, environmental services, testing, industrial investment, etc. Through an efficient, practical, and innovative collaboration model, mutual benefits and shared development will be achieved.

Shenzhen Energy Corporation, established in 1991, is the first large-scale joint-stock enterprise listed in Shenzhen in the national power industry and the first publicly traded utility company listed in Shenzhen.

With nearly 30 years of experience in the lithium battery industry, Sunwoda listed othe Shenzhen Stock Exchange in 2011. As a leading enterprise in the global lithium-ion battery field, its business covers five major areas: 3C batteries, EV batteries, energy storage systems, smart hardware, ecological innovation of industry.

Both Shenzhen Energy Corporation and Sunwoda are listed companies rooted in the Shenzhen Special Economic Zone with a development history of over 30 years. Both parties are enthusiastic about this cooperation and aim to utilize industry chain collaboration through development planning, industrial drive, and resource exchange to advance their business cooperation towards high-end, intelligent, and green development. They are dedicated to contributing to the high-quality development of the Special Economic Zone and the realization of the country's "dual carbon" goals.