China's SANY Group and PowerChina Renew Strategic Cooperation Agreement
2026-05-18 15:41
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en.Wedoany.com Reported - Recently, Xiang Wenbo, Party Secretary and Chairman of SANY Group, led a delegation to visit PowerChina and held talks with Wang Xiaojun, Deputy Party Secretary and General Manager of PowerChina. Both sides witnessed the renewed signing of a strategic cooperation agreement. The signing of this strategic cooperation agreement is based on the solid foundation of previous cooperation between the two parties, and SANY Group and PowerChina plan to carry out pragmatic cooperation in multiple fields.

During the talks, Xiang Wenbo stated that SANY Group adheres to a development strategy of globalization, digitalization, and low-carbonization, holding significant advantages in the fields of high-end equipment and new energy equipment. As a leading enterprise in the energy, power, and infrastructure construction industries, PowerChina possesses a complete industrial chain and extensive layout. The cooperation between the two sides has a solid foundation and strong complementarity. Xiang Wenbo expressed his hope to use the signing of this strategic cooperation agreement as an opportunity to integrate resources, jointly build benchmark projects, and serve the global energy transition. Wang Xiaojun emphasized that PowerChina focuses on its core businesses of water, energy, city, and digitalization, with profound experience in engineering construction, and that SANY Group's technological advantages in equipment manufacturing are highly compatible with its own business.

According to the agreement, the two parties will establish a high-level regular communication and business docking mechanism, focusing on deep collaboration in key areas such as full-chain cooperation in new energy, engineering equipment supporting services, overseas synergy under the Belt and Road Initiative, and joint research and development of digital and intelligent construction technologies, to achieve resource sharing, mutual benefit, and win-win outcomes. The new energy development, infrastructure construction, overseas market expansion, and scientific and technological innovation R&D mentioned in the strategic cooperation agreement will become the main directions for the subsequent work of both parties.

SANY Group Director Peng Song, Heavy Machinery Business Division Chairman Wang Zheng, Heavy Equipment Business Division Chairman Jiang Qingbin, PowerChina Party Standing Committee Member and Deputy General Manager Xu Pengcheng, and Assistant General Manager Jian Shangyou, along with other relevant leaders, participated in this event. The signing of this strategic cooperation agreement provides a framework arrangement for the subsequent implementation of specific projects by both parties.

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