Yunnan and Tibet join hands to embark on a new journey. The Group and Tibet Investment Group sign a strategic cooperation agreement.

7 On July 27, the Group and Tibet Investment Group signed a strategic cooperation agreement in Lhasa. Witnessed by Qi Tengwu, Secretary of the Party Committee and Chairman of Tibet Investment Group; Liu Gang, Deputy Secretary of the Party Committee, Vice Chairman, and General Manager; and Chen Zujun, Secretary of the Party Committee and Chairman of the Group, Nima, Deputy General Manager of Tibet Investment Group, and Tong Degang, Member of the Party Committee and Deputy General Manager of the Group, respectively signed the strategic cooperation agreement on behalf of both parties. The signing ceremony was presided over by Liu Gang.

Agreement stipulations

Both parties will establish a cooperation mechanism based on the principles of "equality and mutual benefit, complementary advantages, shared risks, long-term cooperation, and common development." They will fully leverage their respective strengths, focusing on their development needs, to carry out multi-market, multi-field, and in-depth cooperation. They will jointly participate in the construction of major projects in Yunnan Province, the Tibet Autonomous Region, and at home and abroad, establishing a comprehensive cooperative relationship, strengthening long-term strategic cooperation and exchanges, and promoting mutual development.

Qi Tengwu welcomed Chen Zujun's delegation and spoke highly of Yunnan Construction Investment Group's high-level promotion and efficient facilitation of the comprehensive strategic cooperation between the two parties. He pointed out that in recent years, Tibet Investment Group has focused on the "three-step" and "three-fold increase" strategic goals, focusing on addressing shortcomings, strengthening weaknesses, consolidating foundations, and leveraging advantages. Aiming to build a first-class clean energy industrial group domestically, it strives to become an important force in Tibet's construction of a clean energy "one base and two demonstration" development pattern. Yunnan Construction Investment Group, as Yunnan Province's largest general contractor, has long been involved in Tibet's development and construction in multiple dimensions, showcasing its efficiency and spirit on the roof of the world. As the backbone forces in the high-quality development of Yunnan and Tibet, both parties have broad cooperation space and development prospects in the fields of clean energy development and construction, equipment manufacturing, modern logistics, and property services. They also have much valuable experience to learn from each other in terms of enterprise management, project operation, and investment construction. It is hoped that both parties will take this signing as an opportunity to further strengthen their cooperative relationship and actively work together from the perspective of their development visions to create a brighter future.

Chen Zujun expressed gratitude to Tibet Investment Group for its long-term support for the Group's reform and development, its support for the development of the Group's various secondary enterprises in Tibet, and its care for the Group's cadres and employees stationed in Tibet. He pointed out that since last year, Yunnan Construction Investment Group and Tibet Investment Group have conducted several highly effective high-level mutual visits, and teams from both sides have also conducted in-depth and detailed exchanges and cooperation in many areas, forming a close and friendly cooperative relationship. The successful signing of this strategic cooperation agreement is both an important measure for both parties to join forces and seek common development, and a new starting point for mutual improvement, strengthening, and innovation. It has important milestone significance for both parties to open up more in-depth, broader, and higher-level pragmatic cooperation. The Group attaches great importance to the development of markets outside the province, especially the Tibet market. The joint venture Kai Tou Logistics, established by both parties, is showing a thriving development situation, and the Tibet regional headquarters established by the Group at the beginning of the year is ready to go. It is hoped that both parties will take the signing of the strategic cooperation agreement today as a new starting point to continuously deepen cooperation in the fields of modern logistics, property services, relocation projects, clean energy industry construction, water conservancy and hydropower, and photovoltaic and solar thermal power generation, achieving greater scope and deeper mutual benefit and win-win results.

The signing ceremony was attended by the assistant to the general manager of Tibet Investment Group, heads of relevant departments and units, the assistant to the general manager, the secretary of the board of directors, the design director, and heads of the investment department, installation joint-stock company, An'er Company, steel structure company, the first water company, the third company, and the Tibet regional headquarters.