SEP Forges Strategic Cooperation Framework Agreement with Sinopec Sales Shanghai Petroleum Branch

In order to implement the spirit of the strategic cooperation agreement signed between SPIC and Sinopec and to further promote the key customer development and cooperation, SEP Deputy President Li Feng and Sinopec Sales Shanghai Petroleum Branch Deputy President Wang Zhiwei signed a strategic cooperation agreement on August 13, 2021, witnessed by SEP Party Secretary and Chairman Hu Jiandong and Sinopec Sales Shanghai Petroleum Branch Party Secretary and Chairman Ding Chunsheng.

Hu welcomed the visit of Ding and his delegation, introduced the history evolution and development strategy of SEP, as well as the practices and experience of promoting new energy and integrated smart energy development. He said that SEP will follow the work requirements of SPIC for promoting the development and cooperation with key customers, join hands with Sinopec Sales Shanghai Petroleum Branch to explore new models and new paths of low-carbon energy development together, and boost the high-quality implementation of the strategic cooperation agreement between SPIC and Sinopec in Shanghai.

Ding introduced the operation, transformation and development of Sinopec Sales Shanghai Petroleum Branch, and expressed that the company will strengthen carbon reduction cooperation with SEP, strive to create new scenarios of energy consumption and jointly promote clean and low-carbon development.

According to the agreement, the two sides will, based on the principles of friendly cooperation, equality and mutual benefit and common development, give full play to their respective advantages, innovate cooperation mechanisms, expand cooperation fields, jointly promote various energy projects such as rooftop PV, hydrogen energy and green transportation, realize resource sharing and complementary advantages, and build an integrated smart energy utilization demonstration area.

After the meeting, Ding and his delegation visited the exhibition hall of SEP.

The relevant personnel from Development Department and New Business Form Promotion Office of SEP and Development and Planning Department of Sinopec Sales Shanghai Petroleum Branch joined in the signing ceremony.

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