|
| Wednesday, 20 October 2021, 18:59 HKT/SGT | |
| |
|
|
|
HONG KONG, Oct 20, 2021 - (ACN Newswire) - VPower Group International Holdings Limited ("VPower Group" or the "Group", stock code: 1608.HK), joining hands with China National Technical Import and Export Corporation and Fuzhou Xutong Industrial Technology Co., Ltd. as a consortium, entered into a strategic cooperation agreement of modern energy management and implementation with Fuyao Glass Industry Group Co., Ltd. ("Fuyao Group"). The signing ceremony was successfully held at the headquarters of Fuyao Group on 19 October.
Leveraging the respective strengths and experiences of each member, the consortium will become an energy management contracting service provider of Fuyao Group. According to the agreement, comprehensive strategic cooperation will be pursued in the area of modern integrated energy management, including renewable energy, smart energy management and carbon asset management, on a complementary and mutually beneficial basis.
"We are pleased to become a partner of Fuyao Group through the consortium," said Mr. Boyang Liu, Chief Investment Officer of VPower Group, "We will provide support on integrated energy management to Fuyao Group and its subsidiaries with the vision of promoting sustainable development of energy industry in China. Through utilising renewable energy and various technologies to enhance energy efficiency, integrated energy solutions will play a key role in contributing to China's goal of achieving carbon neutrality by 2060."
Founded in 1987, Fuyao Group is a large multinational company specialising in the manufacturing and sale of safety glass for automotive purpose. Listed on the main board of Shanghai Stock Exchange (stock code: 600660.SH) in 1993 and Hong Kong Stock Exchange (stock code: 3606.HK) in 2015, Fuyao Group is one of the world's largest automotive glass suppliers and has been on the list of Fortune China 500 and top 500 private enterprises of China for several years.
Headquartered in Hong Kong, VPower Group is an integrated expert in distributed power generation (DPG). It principally engages in power system integration (SI) business, covering designing, integrating and sale of engine-based gen-sets and power generation systems, and Investment, Building and Operating (IBO) business, involving investing in, building and operating distributed power stations to supply reliable electricity. It is now a leading distributed power station owner and operator in Asia.
Topic: Press release summary
Sectors: Daily Finance, Energy, Alternatives, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
Latest Press Releases
Mitsubishi Motors Added to FTSE4Good Index Series, FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index for Consecutive Years
Friday, July 11, 2025 3:28:00 PM
|
|
|
Bluemount Holdings Limited Announces Pricing of $5.5 Million Initial Public Offering
July 11, 2025 08:28 HKT/SGT
|
|
|
ZA Miner Launches AI-Powered Bitcoin Mining Contracts, Marking Milestone in Cloud Mining Innovation 
July 11, 2025 07:00 HKT/SGT
|
|
|
XDS Datacentres and ICS Arabia partner to launch landmark 10MW Immersive Cooling Data Center in KSA
July 11, 2025 06:00 HKT/SGT
|
|
|
Alpaca Network Announces Launch of Modelz: The First Decentralized Exchange for AI Models
July 10, 2025 23:00 HKT/SGT
|
|
|
The 10th Quam IR Awards was Successfully Held
July 10, 2025 21:30 HKT/SGT
|
|
|
All-New MAZDA CX-5 Debuts in Europe
Thursday, July 10, 2025 5:56:00 PM
|
|
|
Sharp Signs Official Partnership with Tottenham Hotspur FC Pre-season Tour 2025 with Its AQUOS Brand
Thursday, July 10, 2025 4:30:00 PM
|
|
|
Tianci International: Discussing Strategic Opportunities for the Shipping and Logistics Industry to Integrate with Blockchain Technology and RWA
July 10, 2025 12:30 HKT/SGT
|
|
|
Tradable Bits Powers Fan Engagement for Rugby Australia's Hosting of the Qatar Airways British & Irish Lions Men's Tour 2025
July 10, 2025 07:30 HKT/SGT
|
|
|
|
|
More Press release >> |
|
|
|
