Panda Green Energy’s Further Strategic Cooperation with China Huarong Booming New Energy Industry
(Aug 28 2017, Hong Kong) The world’s leading eco-development solutions provider, Panda Green Energy Group Limited (00686.HK, “Panda Green Energy”, formerly known as “United PV”) CEO, Alan Li with Lai Xiaomin, Chairman of China Huarong, Yang Hongwei, Chairman of Huarong Overseas, and Yuan Liangsheng, CEO of Huarong Overseas, further discussed and enhanced the existing strategic cooperation and signed a long-term cooperation agreement including the global Panda Power Plant layout, “Belt and Road” projects and other new energy projects as hydro and wind power at the Hong Kong office of China Huarong Overseas Investment Holdings Co., Limited. In the future, Huarong Overseas will apply “Financing + Intelligence Achieving” and strengthen the financial support to Panda Green Energy, further enhance Panda Green Energy’s competitiveness, assist the Panda Green Energy to accelerate the development of the world as well as “Belt and Road” new energy business.
Lai Xiaomin, the Secretary of the CPC China Huarong Committee and the Chairman, Hu Ying, Assistant to President of China Huarong and Deputy CPC Secretary of Overseas Business Management Department, Yang Guobing, Assistant to President of China Huarong, Wang Pinghua, General Manager, Deputy CPC Secretary, and Executive Deputy Director of China Huarong International Business Management Department, Yang Hongwei, Chairman of China Huarong Overseas, Yuan Liangsheng, CEO of Huarong Overseas, Sun Shaojie, Chairman of Hong Kong Kam Fung Group Company Limited attended the ceremony. Lai Xiaomin, Chairman of China Huarong, Yang Hongwei, Chairman of China Huarong Overseas, and Alan Li, CEO of Panda Green Energy had an in-depth discussion over the global “Panda Power Plant” layout, “Belt and Road” projects, and other new energy projects including water and wind power. China Huarong has invested in Panda Green Energy and been one of its strategic shareholders through Huarong Overseas. China Huarong Overseas will continue to take advantage of its professional advantages in financial markets and its diversification and innovation in serving the real economy, to strengthen its financial support to Panda Green Energy, and assist Panda Green Energy to develop global Panda Power Plants and “Belt and Road” new energy business, to achieve Chinese government’s initiative of “Belt and Road” and green ecological projects, and also to achieve China “Belt and Road” and green commitment to the world.