On April 8, Luen Mei Quantum (600167.SH) signed a strategic cooperation agreement with State Grid (Suzhou) Urban Energy Research Institute Co., Ltd. (hereinafter referred to as “State Grid Energy Research Institute”) and Beijing Taoneng Consulting Co., Ltd. in Beijing.

Partners acted in intensive cooperation in clean energy industry incubation, comprehensive energy service of park and comprehensive energy service in southern China, built a full-closed loop of technological R&D, industrial incubation and benchmarking project commercialization and devoted to promoting landing of a group of benchmarking high-quality clean energy projects in Beijing-Tianjin-Hebei Region, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area.

Accelerating transformation of industrial technology and landing of benchmarking project together with high-end think tank

Data display that State Grid Energy Research Institute is the world’s first scientific research institution that carries out researches of “City + energy” and is positioned as “High-end think tank, technological R&D, market demonstration, industrial incubation and international cooperation” based on State Grid.

Luen Mei Quantum said that both parties would act in close cooperation in capital, project and R&D and greatly facilitate Luen Mei Group to intensify technological R&D and accelerate technological industrialized application. All parties will actively push forward landing a group of benchmarking high-quality clean energy projects in Beijing-Tianjin-Hebei Region, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area and form “one city multiple domains, one domain one grid, one grid multiple sources and interconnected grids” large-scale effect and good social benefit nationwide.

State Grid Energy Research Institute stressed that Luen Mei Quantum was a high-quality listed company of the clean energy field, a leading enterprise of northern clean heat supply and an industry pioneer that accumulates great advantages in centralized clean heat supply in northern China, combined supply of cooling, heating and power in southern China and industrial steam supply of park. Both parties will cooperatively accelerate the application of new technologies and form a full-closed loop of research + incubation + commercialization.

Taoneng Consulting expressed the intention to promote resource sharing, accelerate application of research findings and build a green sustainable ecological platform for urban energy jointly with Luen Mei Quantum and State Grid Energy Research Institute.

Accelerating investment layout nationwide and launching project of Shanghai National Convention and Exhibition Center Energy Station

Luen Mei Quantum has expressed more than once to accelerate business expansion nationwide based on successful experience in environmental heat supply, clean energy and energy management, using the development pattern combing endogenous growth and extensive investment and through self-building + acquisition + energy management mode.

It is reported that Luen Mei Quantum announced on March 31 to invest in and run Shanghai National Convention and Exhibition Center Energy Station jointly with China Huadian Group, a central enterprise.

Shanghai National Convention and Exhibition Center is the world’s largest individual building and exhibition complex and is a national-level window of opening-up and investment promotion that continually runs throughout the year. Hongqiao CBD where the project is located gradually becomes a new landmark of Shanghai and has a great development potential.

From the point of energy, Shanghai National Convention and Exhibition Center has been hailed as an energy-saving benchmark of the architecture industry and it adopts the world’s advanced natural gas distributed combined cooling heating and power technology for energy supply and utilization to satisfy different energy needs for exhibition, conference, commerce, hotel, office and other business types. Presently, this technology is adopted by venues of only a few developed countries, such as Munich International Convention Center and Makuhari Messe.

At present, Shanghai National Convention and Exhibition Center has become a business card of national external exchange. By virtue of the most advanced clean energy technology, smart energy control level and the most benchmarking location, the energy station is expected to be a nationwide business card of Luen Mei Quantum and will greatly enhance brand effect in the south market, facilitate wider business expansion and continuously increase performance and investment value of listed companies.

（source：Sina Finance）