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DSIC and ZPEC Signed Strategic Cooperation Agreement on Green Shipping & Memorandum of Cooperation on Wind Power to Hydrogen Synthesis Green

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On June 27, Dalian Shipbuilding Industry Co., Ltd.(DSIC) and Zhejiang Provincial Energy Group Company(ZPEC) signed a strategic cooperation agreement on green shipping and a memorandum of cooperation on the project of wind power hydrogen production and green methanol synthesis. Party secretary and chairman of DSIC Yang Zhizhong, deputy general manager Ding Yi, Party secretary and chairman of ZPEC Hu Zhongming, deputy general manager Dai Haobo and other relevant directors of DSIC Changxing and Zhejiang Energy Marine Environmental Technology Co., Ltd. (ZEMETC) attended the ceremony.

According to the agreement, in line with the principle of complementary advantages and common development, on the basis of "equality and mutual benefit, complementary advantages, deep cooperation and common development", DSIC Changxing and ZEMETC will carry out multi-angle and multi-dimensional in-depth strategic cooperation in the fields of ship desulfurization business, green methanol project, carbon reduction product research and development, hull renovation, oil and offshore supporting products, etc. We will promote high-quality development. Taking the strategic cooperation as an opportunity, this time also signed a memorandum of cooperation on wind power hydrogen synthesis of green methanol project, jointly carried out the world's first project using wind power hydrogen synthesis of green methanol with an annual output of 10,000 tons, and strive to achieve an innovative model of wind, electricity, hydrogen and methanol upstream and downstream full penetration, and join hands to enter the green methanol market.

Under the policy background of accelerating the construction of a new development pattern and the guidance of "double carbon" goal, DSIC Changxing and ZEMETC have been implementing the spirit of the 20th CPC National Congress in depth, actively integrating into the layout of the national new energy system, and adhering to the high-quality development road of giving priority to ecology, green and low-carbon by taking scientific and technological innovation as the core competitiveness. In the future, DSIC Changxing and ZEMETC will continue to strengthen cooperation and make greater contributions to the high-quality development of China's energy industry.

Established in 2018, Zhejiang Energy Marine Environmental Technology Co., Ltd.(hereinafter referred to as "ZEMETC ") is a holding subsidiary of Zhejiang Provincial Energy Group , which is committed to the development, design, manufacturing, EPC project contracting and service of Marine environmental protection products, focusing on the international ship desulfurization and carbon reduction market. The business covers Europe, America, Asia and other countries and regions, of which the ship desulfurization business volume accounts for more than 20% of the world, and the comprehensive strength ranks in the forefront of the world.

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