The Signing Ceremony for Financial Cooperative Agreement between Sinopec Green Energy (“SGE”) and China Development Bank Hebei Xiong’an Branch (“CDB Hebei Xiong’an Branch”) was held in Xiong’an New District on December 21st, 2021. Mr. Li Hongyan, Chairman and Party Secretary of SGE, Mr. Ying Fengyi and Mr. Zhang Yong, both Deputy Manager of CDB Hebei Xiong’an Branch, attended the ceremony and witnessed the signatures of both representatives.

In the future, SGE and CDB Hebei Xiong’an Branch will consolidate respective advantages in credit, brand and financial policies into the establishment of long-term and stable fund raising mechanism, deepening of bank-enterprise cooperation, facilitation of SGE “Geothermal +” new energy projects , support of technological upgrading and research innovation such as geothermal utilization, energy-saving services and specialized equipment manufacturing, and the supply of funds and comprehensive financial services for SGE key projects.