On the afternoon of July 18, Shandong Energy Group and State Power Investment Corporation (SPIC) signed a strategic cooperation framework agreement in Beijing. According to the agreement, both parties will leverage their resources, industries, and technical strengths to collaborate in coal resource development, joint operation of coal mining and power generation, and new energy projects, aiming for mutual benefit and win-win outcomes.

Liu Mingsheng, Chairman and Party Secretary of SPIC, and Li Wei, Secretary of the CPC Shandong Energy Committee and Chairman of SDE, attended the event and delivered speeches. Chen Haibin, Member of SPIC’s Party Group and Vice General Manager of SPIC, and Liu Jian, Member of the CPC Shandong Energy Committee and Vice General Manager of SDE, signed the agreement on behalf of each party.

Li Wei expressed gratitude for SPIC’s long-standing support for SDE and shared insights into its reform and development. He stated that SPIC, as a leading enterprise in China’s new and clean energy sectors, aligns closely with SDE’s industrial priorities and faces broad cooperation prospects.

He hopes both parties will leverage their strengths and establish regular communication and cooperation mechanisms, so as to enhance collaboration in clean energy major projects, explore innovative partnerships in resource development, joint operation of coal and power, and new energy projects. All this will form a strategic partnership of complementary strengths and industries, and drive deeper, more practical cooperation for high-quality development.

Liu Mingsheng welcomed Li Wei and his team, and introduced SPIC’s business layout, strategic planning, and industrial innovations. He noted that SDE has a diverse structure and strong industrial capabilities, with a solid foundation of cooperation in coal supply and power plant operation. He hopes both parties will take this chance to further expand cooperation in the coal sector, explore a regular business coordination model, collaborate to manage market risks, and seize opportunities in the energy green and low-carbon transition, thereby making greater contributions to ensuring China’s energy security and elevating high-quality economic and social development.