BINHAI INV (02886) and Zhejiang Taineng entered into a "strategic cooperation agreement", and will carry out comprehensive energy business cooperation nationwide.

BINHAI INV (02886) announced that its wholly-owned subsidiary, BINHAI INV (Tianjin) Co., Ltd., has entered into a "Strategic Cooperation Agreement" with Zhejiang Taizhou Intelligent Electric Power Co., Ltd., a subsidiary of Zhejiang Chint Electrics Co., Ltd. (601877.SH). Both parties agree to carry out comprehensive energy business cooperation nationwide, promoting project development and implementation in areas such as zero-carbon zones, smart microgrids, energy storage, and electric charging stations (strategic cooperation). Zhejiang Taizhou has deep experience in the comprehensive energy field, holding multiple professional construction qualifications. Focusing on core areas such as "green sources, smart grids, load reduction, new storage, and supercharging," they provide customers with one-stop energy solutions, with significant technical advantages and successful practices in building intelligent green microgrids and creating zero-carbon areas. Both parties will leverage their respective strengths and integrate resources to deepen cooperation in the following areas: 1. Planning and implementation of zero-carbon zones Providing comprehensive energy solutions for zones, including smart microgrids, direct green power connections, zone energy stations, distributed energy, energy storage, waste heat and pressure utilization infrastructure, and establishing a carbon management platform to support green development in zones. 2. Technology and market synergy Both parties will utilize their advantages in funding, market resources, and technological solutions to explore project opportunities, drive project implementation, enhance brand influence and market share, achieving mutual cooperation. Additionally, joint development and innovation will be carried out in areas such as smart gas metering, gas safety equipment, and intelligent gas management systems. 3. Equity cooperation exploration Both parties will actively explore equity cooperation opportunities, including being strategic investors for each other or participating in equity cooperation with each other or their affiliates. 4. Resource and talent sharing Both parties will share project opportunities, customer resources, and market channels, enhancing overall strength through the exchange of management and technical talents. The company believes that this strategic cooperation aligns with the group's proactive layout in the comprehensive energy business development strategy, helping enhance the group's core competitiveness in zero-carbon zones and comprehensive energy fields. By integrating Zhejiang Taizhou's technical advantages in intelligent power and energy management systems with the group's market resources and industrial layout, both parties will jointly select, incubate, and promote high-quality projects. This not only helps cultivate new profit growth points for the group but also strengthens its competitiveness in energy transformation, creating sustainable long-term value for shareholders.