Sany and Hunan Construction Investment signed a strategic cooperation agreement

Date:2023-02-15 Author:Rosy Source:www.chinaspv.com

February 15, 2023, Hunan, China, On February 9, Sany Heavy Industry Co., Ltd. and Hunan Construction Investment Group formally signed a strategic cooperation agreement.

Hunan Construction Investment Group is a large-scale state-owned enterprise group with hundreds of billions of dollars mainly engaged in industrial and civil building construction, road and bridge municipal construction, water conservancy, hydropower, water affairs, water transportation, port and wharf construction, and real estate. The business area has covered the whole of China, and it has established companies or engineering project departments in more than 50 countries and regions in Asia, Africa, Latin America and Oceania. It has successively undertaken or participated in the construction of Aizhai Bridge, Pingyi Expressway, Changsha Huanghua International Airport, Hunan Provincial Museum, Hong Kong-Zhuhai-Macao Bridge, Senegal Wrestling Stadium and other iconic classic projects at home and abroad.

Xiang Wenbo said, Hunan Construction Investment is an old friend of Sany Heavy Industry, and has given active help to Sany Heavy Industry on its development path. This signing marks the "beginning of large-scale cooperation" between the two parties, which is of great significance. In the next stage, Sany Heavy Industry is willing to further leverage its advantages in equipment manufacturing and participate more deeply in the construction of major domestic and foreign projects of Hunan Construction Investment. At the same time, Sany Heavy Industry looks forward to cooperating with Hunan Construction Investment in the construction of industrial park projects and projects in the field of new energy across the country. Sany will carry out all-round cooperation in business sectors such as cooperative development and construction, give full play to each other's capital, management, technology, and market advantages, and jointly explore various forms of cooperation models to achieve win-win cooperation and common development.

Cai Dianwei said, Hunan Construction Investment and Sany Heavy Industry are both children of Hunan, drinking the water of the Xiangjiang River to grow together, and they are highly complementary in terms of corporate nature, industry, and business sectors. In the next stage, Hunan Construction Investment will give full play to the entire industrial chain of the construction industry. With the comprehensive advantages of all-field and all-element integration, I hope that the two parties will further expand the scope of cooperation and improve the level of cooperation through the signing of this agreement, so as to achieve better development.

According to the agreement, the two parties will give full play to their respective advantages, work together, and share resources in the fields of equipment procurement and leasing, industrial plants, real estate development, comprehensive utilization of clean energy, integration of new energy investment, construction and operation, building prefabricated structural components, and finance and carry out full-process cooperation to further deepen strategic mutual benefit.