Shanghai Electric Inks Strategic Cooperation Agreement with SKF at CIIE 2021
SHANGHAI, Nov. 18, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727. HK) has entered a strategic partnership with Svenska Kullagerfabriken AB (SKF) after the two companies signed an agreement aimed at harnessing their respective technology and business advantages to bring more value to global customers at China International Import Expo 2021 (CIIE). Leng Weiqing, Chairman of Shanghai Electric Group, who presented at the ceremony alongside Vice President Jin Xiaolong, signed the agreement.
- SHANGHAI, Nov. 18, 2021 /PRNewswire/ -- Shanghai Electric ("Shanghai Electric" or "the Company") (601727.SS and 02727.
- Leng Weiqing, Chairman of Shanghai Electric Group, who presented at the ceremony alongside Vice President Jin Xiaolong, signed the agreement.
- This partnership was followed by a framework agreement signed between Shanghai Electric and Consolidated Power Projects Australia Pty Ltd (CPP) at the second CIIE in 2019 for a RMB100 million purchase deal.
- On this platform, Shanghai Electric hopes to seek new partners and create more win-win cooperation opportunities with world-leading enterprises," said Jin Xiaolong.