Suzhou Heshun Electric and Zhejiang Xincheng Wisdom reached a strategic cooperation

Group photo of leaders attending the meeting

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On October 26, 2023, Suzhou Industrial Park Heshun Electric Co., Ltd. and Zhejiang Xincheng Smart City Operation Service Co., Ltd. successfully signed a strategic cooperation agreement. The two parties discussed using the future community ecology as the backing and new energy and comprehensive electrical applications as the focus to continue to deepen the development and cooperation between the two parties in various fields and scenarios.

On the day of the signing ceremony, Wang Dong, Chairman and General Manager of Suzhou Heshun Electric, Hu Jiangwei, Deputy General Manager of the Marketing Center, Li Jin, Director of the Technical Center, Xu Zhen, General Manager of Anhui Heshun Energy Technology, Liu Erming, Chairman of Zhejiang Xincheng Wisdom, Ye Kun, Deputy General Manager, Ma Zhenbo, Zhang Tao and other leaders from both sides attended the ceremony and conducted multi-faceted exchanges and discussions on the cooperation between the two sides.

Conference site

Wang Dong (right), Chairman and General Manager of Suzhou Heshun Electric, and Liu Erming (left), Chairman of Zhejiang Xincheng Wisdom, signed the contract

Wang Dong, Chairman and General Manager of Suzhou Heshun Electric, is full of confidence and expectations for the future cooperation between the two parties. He said: This signing is a cooperation of moving forward hand in hand and achieving win-win results. Heshun Electric will use its professional capabilities in the fields of new energy and electricity to provide Xincheng Wisdom with zero-carbon and low-carbon smart energy ecological management planning, investment and construction of symbiotic energy infrastructure, energy efficiency management and other services, and help Xincheng Wisdom build a zero-carbon smart energy supply model and ecological management system, thereby assisting Xincheng Wisdom in achieving a zero-carbon and green brand image and improving environmental, social and corporate governance ratings.

Liu Erming, Chairman of Zhejiang Xincheng Wisdom, said: The successful signing of the contract between Xincheng Wisdom and Suzhou Heshun Electric is a strong alliance with complementary advantages. Both parties will give full play to their own resource and technical advantages to bring high-end quality supporting services to owners (customers) in the fields of photovoltaics, energy storage, hydrogen-powered two-wheeled vehicles and electric vehicle charging and swapping infrastructure construction.

Zhejiang Xincheng Smart City Operation Service Co., Ltd. is a joint venture between Greentown Property Service Group Co., Ltd. and Beijing Xinda Yue Life Service Co., Ltd. Xincheng Wisdom is headquartered in Hangzhou. Backed by two major shareholders and dual-listed platforms (Greentown Service 02869.HK, Xinda Real Estate 600657.SH), with a registered capital of approximately RMB 640 million, it is a modern operation service company that takes providing owners with a happy life, urban operation solutions, and asset appreciation as its mission, and takes the lead in humanistic services, smart services, and comprehensive real estate services to create sustainable development. Its holdings include: Greenrise Service, Anhui Jianyin Property, Ningbo Zhongjian Property, Huai Mining Property, etc. 4 companies. Relying on Greentown Service's more than 20 years of urban comprehensive service experience and Xinda Real Estate's asset operation capabilities, Xincheng Wisdom gathers advanced experience and integrates high-quality resources. Its service scope covers more than 20 provinces (municipalities and autonomous regions) including Beijing, Shanghai, Tianjin, Zhejiang, Jiangsu, Anhui, etc. At present, the contract management area is about 60 million square meters, providing residential properties, commercial properties, property consulting services, value-added services around the entire life cycle and life scenarios of people, as well as consulting, construction, sales, decoration, mechanical and electrical, asset operation and other services around the entire value chain of real estate development and operation. Xincheng Wisdom and its subsidiaries have won many honors, including national and provincial excellent projects, and management experience and honors of excellent demonstration residential communities in municipal property management. The awarding units include national ministries, authoritative institutions and industry associations.

The achievement of this strategic cooperation provides strong support for further in-depth integration of both parties' resources, in-depth exploration of both parties' potential, and in-depth cultivation of property services, greatly improving the level of cooperation between the two parties, broadening the development space for each other, and allowing new energy and zero carbon to truly enter thousands of households.

The common corporate pursuit and the same green concept brought the two parties together and became the cornerstone of their cooperation.