Three parties signed together! Chongchuan District, Nantong City and CENTRAL NEW EGY Holdings Group (01735) signed a strategic cooperation framework agreement.

On November 15, Nantong City's provincial-level economic development zone - Gangzha Economic Development Zone, Jianfa Group, Yuanfa Group, and a large state-owned shipbuilding company in the region signed strategic cooperation framework agreements with CENTRAL NEW EGY Holdings Group Limited (01735) and Zhonghuan Digital Technology (Jiangsu) Intelligent Technology Co., Ltd. Vice Mayor of Nantong City Li Ling, Deputy Secretary-General of the Municipal Government Cui Xiaoyong, Deputy Secretary and Deputy Director of the Municipal Development and Reform Commission Zhang Yingchun, Deputy Secretary and District Chief of Chongchuan District Yang Wanping, Member of the District Committee and Deputy District Chief Li Jianbo, Chairman of CENTRAL NEW EGY Holdings Group Yu Zhuyun, Secretary of the Party Committee and Vice President Li Menglin of the group, General Manager of Zhonghuan Digital Technology Zhao Rui, Deputy General Manager Tu Juan, officials from the Chongchuan District Government Office, Jianfa Group, Yuanfa Group, Investment Promotion Bureau, Gangzha Economic Development Zone, and Rengang Street attended the signing ceremony as witnesses. Yang Wanping, Deputy Secretary and District Chief of Chongchuan District, introduced the economic and social development of Chongchuan District, as well as the advantages and circumstances of investment promotion. Chairman Yu Zhuyun of CENTRAL NEW EGY Holdings Group introduced the group's transformation into the advanced photovoltaic field under the leadership of the "dual carbon target" and the technological progress achieved, expressing the determination to contribute to the energy revolution and green energy application. Founded in 2020, Zhonghuan Digital Technology was wholly owned by the Hong Kong-listed company CENTRAL NEW EGY Holdings Group. Based on the national requirements for integrated source-grid-load-storage of industrial enterprises and industrial parks, Zhonghuan Digital Technology focuses on the development and operation of new energy projects, with a core focus on the collaborative development of distributed solar storage and comprehensive energy stations, focusing on investment in distributed photovoltaics on the user side, user-side storage, multi-energy complementary comprehensive energy stations, virtual power plants, and other new energy fields. Through its own operational capabilities, they continuously provide green energy to industrial users to produce zero-carbon products while addressing issues related to user energy costs, energy security, and sustainable development. The headquarters project of Zhonghuan Digital Technology signed this time is located in Nantong Gangzha Economic Development Zone and will collaborate with a large state-owned shipbuilding company on projects to provide new energy technology research and development services in the field of photovoltaics, energy storage, and smart microgrids. In the future, Zhonghuan Digital Technology plans to set up its zero-carbon technology research and development headquarters in Chongchuan District, with an estimated total investment of about 500 million yuan. After the project is implemented, a zero-carbon park construction will be fully launched. The zero-carbon park will rely on the idle land in various industrial parks in Chongchuan District, idle commercial and industrial roofs, the ability of industrial users to absorb green electricity (green energy), and the potential for complementary development of integrated energy, to build a comprehensive zero-carbon industrial service platform based on green energy production, transformation, transmission, absorption, and trading, integrated source-grid-load-storage. Achieving an energy efficiency loop, energy cost savings, reducing energy-carbon intensity, and achieving near-zero carbon emissions. Once completed, the project will become a benchmark zero-carbon park in Jiangsu Province and even the Yangtze River Delta region. With the vision of becoming the largest zero-carbon factory and zero-carbon park solution service provider in China, Zhonghuan Digital Technology is dedicated to providing industrial users with green and clean energy, promoting energy structure innovation and industrial upgrading, and empowering high-quality development with green, intelligent, efficient, and sustainable concepts. It aims to drive new quality productivity, facilitate the digitization of local industrial models, green the financing structure, and eco-harmonize economic development with nature.