BINHAI INV (02886): Signs strategic cooperation agreement with Huade Intelligence to help transform into a comprehensive energy supplier

On March 3, 2025, BINHAI INV (02886) announced that its wholly-owned subsidiary, BINHAI INV (Tianjin) Co., Ltd., has entered into a strategic cooperation agreement with Tianjin Huade Smart Technology Group Co., Ltd. in the field of energy management services, including contract energy management, energy-saving technology upgrades, and energy management system platform construction. According to the cooperation agreement, the two parties will carry out strategic cooperation in the areas of contract energy management, energy-saving technology upgrades, and energy management system platform construction nationwide, focusing on comprehensive and in-depth cooperation in the field of integrated energy services for public institutions such as schools, hospitals, and government buildings. Huade Smart Technology is a national high-tech enterprise that provides information system integration and comprehensive energy management services. With three main business sectors of energy, intelligence, and services, its energy business accounts for 35% of the market share in Tianjin, serving a building area of over 50 million square meters, leading the industry in overall scale and service level in the country. BINHAI INV believes that this cooperation is an important step for both parties to actively seize the strategic opportunities under the dual-carbon targets, establishing long-term strategic cooperation based on the principle of "equality, voluntariness, resource complementarity, common development, and long-term advancement." Through this cooperation, the group will further deepen its layout in the field of integrated energy services, enhance its competitiveness in energy-saving technology and energy management system platforms, and accelerate the transformation toward becoming a comprehensive energy supplier.