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    C&D Inc., LIFT the value.

    Xiamen C&D Inc. Stock Code: 600153.SH

    C&D Clean Energy and LONGi Green Energy signed a strategic cooperation agreement on the development of new energy market along the Belt and Road

    Date: 2022-10-24 | Source:C&D Inc.
    Recently, Nanjing C&D Clean Energy Co., Ltd. (hereinafter referred to as C&D Clean Energy), a wholly-owned subsidiary of C&D Inc. (600153.SH), signed a strategic cooperation agreement with LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as LONGi Green Energy) on the development of a new energy market along the Belt and Road. Both parties aim to work together on the principle of mutual benefit and win-win cooperation to promote the common development of their business and tirelessly improve their comprehensive competitiveness and industry influence in their respective fields.
    C&D Clean Energy has established a good partnership with LONGi Green Energy since the company's inception. The signing of this agreement is a continuation of the successful cooperation in the past, and also marks a new stage for both parties to deepen business cooperation and jointly explore the international market. According to the agreement, a long-term and in-depth strategic cooperation will be carried out in the areas of upstream and downstream supply chain services, marketing of "LONGi" brand products in Central and East Africa and Central Asia, and investment and development of PV power station projects. Meanwhile, C&D Clean Energy will purchase 500MW photovoltaic modules from LONGi Green Energy in 2023 for the PV power station projects it has invested or developed, as well as for domestic and overseas product marketing.
    Guided by the goals carbon peak and carbon neutrality emphasizing green, low-carbon, and dual circulation development, the Belt and Road Initiative brings new opportunities for Chinese photovoltaic industries to "go global". As a C&D practitioner in the sector of clean energy, C&D Clean Energy mainly specializes in the clean energy segment of solar photovoltaic and actively responds to the development strategy of "going global", as it extends its core business to the upstream and downstream of the industry chain. Up to now, C&D Clean Energy has expanded its international product marketing business to mainstream and emerging markets worldwide, including the US, Europe, Pakistan, Vietnam, Malaysia, Turkey, Armenia, Jordan, and other markets.
    With the advantageous and efficient partnership in the supply chain sector, C&D Clean Energy will actively mine for new opportunities with partners to promote the quality and sustainable development of all parties and make active contributions to the development of the global new energy industry.
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