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Shanghai Electric, China Merchants Seal Deal for Deep Co-op in Transportation, Logistics, Overseas Expansion
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Miao Jianmin, Chairman of China Merchants Group, and Wu Lei, Chairman of Shanghai Electric Group, clinched a strategic cooperation agreement in Shanghai. Under the agreement, both parties will leverage their respective strengths and advantages to engage in comprehensive and in-depth collaboration across multiple sectors, including transportation and logistics, comprehensive finance, overseas expansion, urban development, and real estate parks. In parallel, the partnership will focus on joint R&D in areas such as green fuel technology, clean energy production, shipping equipment, and digital finance. The collaboration aims to establish a close-knit strategic partnership characterized by complementary strengths, mutual benefits, and sustainable development. AAStocks Financial News |
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