Recently, CM Energy (0206.HK) and Shanghai Chunhe Ocean Technology Group Co., Ltd. ("Shanghai Chunhe") successfully signed a strategic cooperation agreement. Zhan Huafeng, Executive Director and Executive President of CM Energy, and Lu Yunjun, Chairman of Shanghai Chunhe, signed the agreement, respectively representing both parties. Wang Zhongcheng, Director of the Marine Engineering Department of Shanghai Maritime University, Zhang Hao, General Manager, and Xie Xiaohui, Deputy General Manager, of Zhejiang Taihe Shipping Co., Ltd., Ge Degang, General Manager, Zhang Cheng, Deputy General Manager, and Dai Ying, International Department Manager, of Huanjie New Energy Technology (Jiangsu) Co., Ltd., along with members of the CM Energy project team, witnessed the signing ceremony.



Shanghai Chunhe specializes in the design, manufacturing, operation, and management of scientific research vessels, marine engineering vessels, and cruise yachts, as well as providing marine scientific research services, marine engineering technical services, and marine science popularization exploration, meeting the multifaceted vessel demands of scientific research institutions and establishing a good market reputation. CM Energy, a listed company under China Merchants Industry, has been deeply involved in the marine energy industry for nearly 30 years, with several core technologies and products reaching a world-leading level. The two parties have a solid foundation for cooperation and broad prospects.

With this partnership between CM Energy and Shanghai Chunhe, the two parties will engage in deep cooperation in international and domestic high-end marine engineering equipment, energy-saving vessel equipment, and other areas. They will leverage their respective resource advantages to achieve complementarity and optimization in various aspects, accelerate technological innovation, and introduce new products and services to meet the diverse market demands. This collaboration aims to enhance their competitiveness and market influence, and contribute to the transformation of the shipbuilding industry and the achievement of zero-carbon emission goals.