Securities code: 002309 securities abbreviation: Jiangsu Zhongli Group Co.Ltd(002309) Announcement No.: 2022-010 Jiangsu Zhongli Group Co.Ltd(002309)
Announcement on signing the comprehensive strategic cooperation agreement with Shanghai Electric Power Co.Ltd(600021)
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. This time Jiangsu Zhongli Group Co.Ltd(002309) and Shanghai Electric Power Co.Ltd(600021) signed the comprehensive strategic cooperation agreement. The two sides intend to focus on the investment in photovoltaic power generation industry and energy science and technology innovation, carry out multi-level and all-round in-depth cooperation, and plan to strive to complete the cooperation of no less than 1GW photovoltaic power station project during the 14th Five Year Plan period. The details of specific cooperation projects and related matters need to be further implemented, and there is a certain degree of uncertainty. Please make careful decisions and pay attention to investment risks.
2. The comprehensive strategic cooperation agreement signed this time may have a positive impact on the company’s future business performance. Please pay attention to investment risks.
3. For details of the framework agreements disclosed by the company in the last three years, please refer to “VII. Other relevant descriptions of the framework agreements disclosed by the company in the last three years” in this announcement.
1、 Overview of agreement signing
Recently, Jiangsu Zhongli Group Co.Ltd(002309) (hereinafter referred to as ” Jiangsu Zhongli Group Co.Ltd(002309) ” or “the company”) and Shanghai Electric Power Co.Ltd(600021) (hereinafter referred to as ” Shanghai Electric Power Co.Ltd(600021) “) signed a comprehensive strategic cooperation agreement. Through friendly consultations, in order to implement the national strategic policy of “carbon peak in 2030 and carbon neutrality in 2060”, and adhering to the cooperation principle of “equality and mutual benefit, complementary advantages and common development”, the two sides are building a green and low-carbon circular development economic system, improving energy efficiency, increasing the proportion of non fossil energy consumption and reducing carbon dioxide emissions Reach a consensus on improving the carbon sink capacity of the ecosystem and sign this agreement.
This matter does not require the deliberation and approval of the board of directors and the general meeting of shareholders, and does not constitute related party transactions and major asset restructuring specified in the administrative measures for major asset restructuring of listed companies.
2、 Basic information of the parties
Name: Shanghai Electric Power Co.Ltd(600021)
Legal representative: Hu Jiandong
Unified social credit Code: 913100006311887755
Registered capital: 2617164197 yuan
Company type: limited liability company (joint venture and listing between Taiwan, Hong Kong, Macao and China)
Date of establishment: June 4, 1998
Registered address: No. 268, Zhongshan South Road, Huangpu District, Shanghai
Business scope: development, construction, operation and management of electric power; Organize the production and sale of self-produced products of electric power and heat; Skill training for power personnel in power enterprises; Contract energy management; General contracting of power engineering construction; General contracting of mechanical and electrical installation works; General contracting of mechanical and electrical installation works (business operation shall be carried out after obtaining relevant construction qualification); Bidding agency; Development and application of new and renewable energy projects; Coal distribution; Scientific and Technological Development and consulting services for power and related businesses; Technical development and technical consulting services of integrated coal gasification combined cycle power generation project; Self owned property management; Import and export of equipment, devices, testing instruments, spare parts and other commodities related to power and contract energy management and export of self owned technologies (except for the commodities and technologies restricted or prohibited by the state); Contracting overseas projects and domestic international bidding projects; Dispatch labor personnel required for the operation, management and maintenance of overseas projects and overseas power stations; storage. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
Shanghai Electric Power Co.Ltd(600021) is not associated with the company.
Similar transactions: the company has not had similar transactions with counterparties in the past three years.
Analysis of performance capability: Shanghai Electric Power Co.Ltd(600021) is a holding enterprise of State Power Investment Group Co., Ltd., with state-owned assets background, legal existence, normal operation and good performance capability.
3、 Main contents of the agreement
Shanghai Electric Power Co.Ltd(600021) regards Jiangsu Zhongli Group Co.Ltd(002309) as an important strategic supplier and carries out cooperation in scientific and technological innovation, strategic investment, international project development, supply chain, etc. It mainly includes:
(I) future scientific and technological innovation platform
The two sides look forward to jointly building a platform for future scientific and technological innovation and promoting all-round cooperation in R & D, testing, standard formulation, achievement transformation and talent training in the photovoltaic field. Further explore the application of photovoltaic based green low-carbon energy and key technologies such as artificial intelligence, energy Internet of things and blockchain, and jointly build a new energy Internet of things demonstration project in China in combination with the technical leading advantages of both sides in the fields of photovoltaic, energy storage, multi energy complementarity and comprehensive intelligent energy.
(II) strategic investment cooperation platform
The two sides are committed to implementing the national energy development strategy, adhering to the clean, low-carbon, safe and efficient development policy, complying with the general trend of global energy transformation, and cooperating in project acquisition, investment, development, construction and operation by building a strategic investment cooperation platform. During the 14th Five Year Plan period, the two sides strive to complete the cooperation of no less than 1GW photovoltaic power station project.
(III) international cooperation platform
The two sides look forward to jointly building an international cooperation platform, giving full play to their respective advantages, jointly developing overseas projects, cooperating in project transfer, development, M & A and operation, integrating their resources, giving full play to their respective advantages, exploring foreign markets and realizing common development.
Taking large-scale ground photovoltaic power stations in specific overseas regions as the starting point, we will conduct in-depth cooperation in stock Project M & A, incremental project development, financing, construction, operation and asset management, expand high-quality projects and assets in the field of overseas new energy, and meet the development needs of both parties.
(IV) supply chain strategic cooperation platform
Both parties look forward to jointly building a supply chain strategic cooperation platform. For the cooperation project, on the premise of complying with Chinese laws and regulations (if it is an overseas cooperation project, it should also comply with the applicable laws and regulations of the project location and other applicable laws and regulations), both parties’ procurement management and other relevant systems, the equipment, technical services and Engineering construction, intelligent operation and maintenance and other services. In terms of photovoltaic modules, supports, energy storage products, technical services, engineering construction, intelligent operation and maintenance, Jiangsu Zhongli Group Co.Ltd(002309) is willing to provide the most technologically advanced equipment and services to the cooperation project at a preferential price.
(V) production service cooperation platform
The two sides look forward to jointly building a production service cooperation platform. In terms of technical cooperation, the two sides cooperate through experience sharing and personnel training to promote the improvement of technology and management level. In the field of productive services, the two sides look forward to cooperation in project operation and maintenance, technical services, spare parts, contract energy management, finance, capital, trade and logistics.
4、 Cooperation period
The cooperation term of this agreement is five years from the signing date. Both parties agree to extend the cooperation period and sign a strategic cooperation agreement separately;
5、 Impact of the agreement on Listed Companies
Under the background of “double carbon goals”, the company joins hands with Shanghai Electric Power Co.Ltd(600021) . Based on the cooperation principle of “equality and mutual benefit, complementary advantages and common development”, combined with the leading advantages of both sides in the fields of photovoltaic, energy storage, multi energy complementarity and comprehensive intelligent energy, it is expected to complete the project cooperation of no less than 1GW photovoltaic power station during the 14th Five Year Plan period.
This move will help photovoltaic companies to develop new energy sources, clean operation and maintenance, and become international leading suppliers of clean energy.
The project partner Shanghai Electric Power Co.Ltd(600021) is one of the most important listed companies of State Power Investment Group Co., Ltd. and one of the most important power energy enterprises in Shanghai. At present, Shanghai Electric Power Co.Ltd(600021) has become a modern energy enterprise integrating high parameter and high-capacity coal-fired thermal power generation, gas-fired power generation and wind power, Cecep Solar Energy Co.Ltd(000591) power generation and distributed functions, The industrial layout covers East China and gradually expands overseas. First, the signing of this agreement has played a positive demonstration effect on the subsequent establishment of partnership between the company and its subsidiaries in the group system, and laid a solid foundation for the company to further explore the new energy market outside China; Second, it is conducive to digest the production capacity of photovoltaic modules and cells in the climbing period of the company, further improve the market share and brand awareness of photovoltaic modules, and have a positive impact on the operation of the company.
6、 Risk tips
The agreement signed this time is a comprehensive strategic cooperation agreement. The details of specific cooperation projects and related matters need to be further implemented, and there is a certain degree of uncertainty. The signing of this Agreement may have a positive impact on the company’s future business performance. Please make careful decisions and pay attention to investment risks.
7、 Other instructions
The framework agreements disclosed by the company in the last three years:
Serial number disclosure date and progress of the names of the parties
Company, Beikong clean energy
1. The strategic cooperation agreement on October 23, 2020 is being implemented by China Group Co., Ltd
Beijing Tianrun Xinneng Co., Ltd
2. The strategic cooperation agreement on March 10, 2021 is being implemented by China Investment Co., Ltd
Jiangsu Siyang Economic Development Co., Ltd
3. The investment framework agreement on March 12, 2021 is being implemented by the Management Committee of China Development Zone
Company, State Power Investment Group
4. The strategic cooperation agreement of Hubei Lvdong new energy Co., Ltd. is being fulfilled on May 27, 2021
Suzhou Jihong Energy Co., Ltd
5. The cooperation framework agreement of 2021-06-11 Technology Co., Ltd. is being implemented
Strategic cooperation framework agreement between the company and the State Power Investment Group
6. On July 14, 2021, the proposal of Jiangsu New Energy Development Co.Ltd(603693) Zhongyuan Co., Ltd. is being fulfilled
Shandong Guoxin Xinyi Co., Ltd
Strategic cooperation framework agreement
7. 2021-07-23 generation information technology industry investment proposal is being implemented by Operation Co., Ltd
Strategic cooperation framework agreement between the company and China Huadian Group
8. On July 27, 2021, the proposal of Hebei Branch of China National Petroleum Co., Ltd. is being implemented
Distributed photovoltaic in Chenggu County
Civil affairs company of Chenggu County
9. On September 1, 2021, the investment framework of the whole county promotion project is being implemented by Zhongfu
Shelf agreement
Company, Benxi Manchu Autonomous Region
The people’s Government of the county and the China Power Investment Corporation (CPI) implemented the policy of roof distribution in the whole county
10. The development and construction of 2021-09-02 type photovoltaic project is being performed by China northeast New Energy Development Co., Ltd
Agreement
company
Roof distribution in Lueyang County
Company, Lueyang county development and
11. On September 3, 2021, the framework agreement of photovoltaic power generation project is being implemented by the Reform Bureau
Discussion
Civil affairs company, civil rights county
12. Cooperation agreement on photovoltaic development and investment projects under implementation in the whole county between the government and Guoneng Minquan Thermal Power Co., Ltd. on September 7, 2021
Limited company
Development strategic cooperation framework of the company and China Huadian Group
13. On October 18, 2021, the agreement of Ningxia Branch of China National Petroleum Co., Ltd. is being fulfilled
Company, State Power Investment Group
14 October 28, 2021 Xinjiang energy and chemical industry
