Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 20 October 2021, 18:59 HKT/SGT
Share:
VPower Group Signs Strategic Cooperation Agreement with Fuyao Group

HONG KONG, Oct 20, 2021 - (ACN Newswire) - VPower Group International Holdings Limited ("VPower Group" or the "Group", stock code: 1608.HK), joining hands with China National Technical Import and Export Corporation and Fuzhou Xutong Industrial Technology Co., Ltd. as a consortium, entered into a strategic cooperation agreement of modern energy management and implementation with Fuyao Glass Industry Group Co., Ltd. ("Fuyao Group"). The signing ceremony was successfully held at the headquarters of Fuyao Group on 19 October.

Leveraging the respective strengths and experiences of each member, the consortium will become an energy management contracting service provider of Fuyao Group. According to the agreement, comprehensive strategic cooperation will be pursued in the area of modern integrated energy management, including renewable energy, smart energy management and carbon asset management, on a complementary and mutually beneficial basis.

"We are pleased to become a partner of Fuyao Group through the consortium," said Mr. Boyang Liu, Chief Investment Officer of VPower Group, "We will provide support on integrated energy management to Fuyao Group and its subsidiaries with the vision of promoting sustainable development of energy industry in China. Through utilising renewable energy and various technologies to enhance energy efficiency, integrated energy solutions will play a key role in contributing to China's goal of achieving carbon neutrality by 2060."

Founded in 1987, Fuyao Group is a large multinational company specialising in the manufacturing and sale of safety glass for automotive purpose. Listed on the main board of Shanghai Stock Exchange (stock code: 600660.SH) in 1993 and Hong Kong Stock Exchange (stock code: 3606.HK) in 2015, Fuyao Group is one of the world's largest automotive glass suppliers and has been on the list of Fortune China 500 and top 500 private enterprises of China for several years.

Headquartered in Hong Kong, VPower Group is an integrated expert in distributed power generation (DPG). It principally engages in power system integration (SI) business, covering designing, integrating and sale of engine-based gen-sets and power generation systems, and Investment, Building and Operating (IBO) business, involving investing in, building and operating distributed power stations to supply reliable electricity. It is now a leading distributed power station owner and operator in Asia.



Topic: Press release summary Sectors: Daily Finance, Energy, Alternatives, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
JCB Brings Apple Pay to Cardmembers in Vietnam  
Tuesday, July 1, 2025 10:15:00 AM
First Shipment of LNG from the LNG Canada Project  
Tuesday, July 1, 2025 10:00:00 AM
Chinabank Fully Transitions Into AI-powered Human Capital Management  
July 1, 2025 08:00 HKT/SGT
HKIRA Announces Winners of the 11th IR Awards 2025  
July 1, 2025 00:20 HKT/SGT
Eagle Football Holdings supports Leadership Changes at Olympique Lyonnais  
June 30, 2025 20:01 HKT/SGT
Approval in Principle (AiP) for World's First LCO2 / Methanol Carrier  
Monday, June 30, 2025 7:30:00 PM
Acropolis Rally Greece: Day 4 Sunday success and second overall for TOYOTA GAZOO Racing's Ogier  
Monday, June 30, 2025 7:15:00 PM
Mitsubishi Fuso-Hino Merger: 4 Firms Collaborate for the Future of Commercial Vehicles  
Monday, June 30, 2025 7:10:00 PM
Six Companies Establish BlueRebirth Council to Expand Use of Recycled Materials in New Vehicles  
Monday, June 30, 2025 6:25:00 PM
Honda Changes Plan to Build New Production Plant for Next-generation Fuel Cell Module in Japan  
Monday, June 30, 2025 6:20:00 PM
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: