On June 7, 2022, leaders of Guangdong Galaxy New Energy Technology Co., Ltd. (hereinafter referred to as "Galaxy New Energy") were invited to visit the Nanjing headquarters of the Holding Company. Liang Caiyin, General Manager of the Holding Company, and other leaders received the visitors. The two parties conducted friendly exchanges on the cooperative sales of new energy products in Nigeria market. Jiangsu Green Electric Power Technology Co., Ltd. (hereinafter referred to as "Green Electric Power"), a wholly-owned subsidiary of the Holding Company, signed a cooperation framework agreement with Galaxy New Energy.
"Double line parallel development at home and abroad" has always been an important measure in the operation and management of Holding Company. The Holding Company has actively engaged in the development and asset operation of overseas new energy power stations, and has formed good business cooperation relationships with international energy giants such as Total, EDF, Marubeni Corporation of Japan, Masdar of the United Arab Emirates, etc. In view of the generally weak infrastructure and unstable power supply in African countries, the Holding Company established a subsidiary in Lagos, Nigeria, Africa in 2019 to promote energy storage equipment which can meet various application scenarios in African countries.
Deputy General Manager of Galaxy New Energy: Fu Deyong
General Manager of Holding Company: Liang Caiyin
Galaxy New Energy is a professional manufacturer of lithium ion battery energy storage systems. Its products cover lithium cell monomer, lithium battery pack, lithium energy storage cube, solar inverter, solar panel, ordinary inverter, UPS power controller system, etc., and the company provides comprehensive services such as system design, installation guidance, after-sales maintenance, etc.
The two parties conducted in-depth discussions on how to carry out all-round cooperation at home and abroad, and signed the Framework Agreement on Cooperative Sales of New Energy Products in Nigeria. The holding company has rich experience in expansion and resource accumulation in the African market, and Galaxy New Energy can provide high-quality products and professional services. Both companies will complement each other's advantages, share resources, and jointly contribute to the "Brighten Africa Plan".
Fu Deyong, Deputy General Manager of Galaxy New Energy, signed the Cooperation Framework Agreement with Gu Guohua, Deputy General Manager of the Holding Company and General Manager of Green Electric Power.
The leaders of Galaxy New Energy who participated in the online meeting included Chen Dajiao, General Manager, Liang Huakui, Executive Deputy General Manager, Lu Zheng, General Manager of Africa,and Yao Weiqi, Chief Financial Officer, etc.
The Holding Company attendee included Mu Xiaoqing, General Manager of Overseas Business Unit, Song Weihua, Executive Deputy General Manager of Green Electric Power, Shen Minqi, Executive Deputy General Manager of Overseas Business Department, Zhang Yi, Deputy Director of Finance and Capital Department, Wu Tao, General Manager of African Company, Guo Bibo, General Manager of Vietnam Company, Zou Yanan, Regional Director of Latin America of Overseas Business Department, and Xue Tong, Country Manager of Argentina.