On the morning of November 11, 2020, China Resources Development Group Co., Ltd. and China Railway Wuhan Electrification Bureau Co., Ltd. signed a strategic cooperation framework agreement in Beijing. CRDGC uses its own platform’s good reputation and business coordination capabilities in domestic and foreign railway, municipal engineering and other projects to carry out resource integration and all-round cooperation with China Railway Wuhan Electrification Bureau Co., Ltd. in engineering construction, operation and maintenance, etc. to promote the realization of the mutual benefit and common development in their respective professional fields, this will also create opportunities for China Railway Wuhan Electrification Bureau Co., Ltd. to perform its expertise in investment and development in domestic and foreign market engineering construction, EPC engineering general contracting and other projects.

China Railway Wuhan Electrification Bureau Co., Ltd. is an important member company of China Railway Corporation, a Fortune 500 company in the world. The company is mainly engaged in the development of high-speed railway electrification, urban rail transit, highway transportation and other projects in the field of infrastructure construction.

The attendees at the meeting were: Chairman Li Jianjun, Vice President Du Jiang, Vice President Li Fanrong, Deputy General Manager Xu Cheng; Secretary Yan Guotao, Vice Minister Liao Liming, Deputy General Manager Liu Gang, and Deputy General Manager Dai Xiwen of China Railway Wuhan Electrification Bureau Co., Ltd. Managers and other comrades. The two Parties conducted in-depth discussions on the cooperation in key projects such as the three parks in Hotan area, Xinjiang Province, the railway station square in Luopu County, Hotan, the Pianguan County Railway in Taiyuan, Shanxi, and Tianshui S03 Ring Expressway. Chairman Li Jianjun addressed that there is great development potential in the projects regarding the construction and investment in the infrastructure construction and the industrial park construction in the relevant areas. This time, the cooperation with China Railway Wuhan Electrification Bureau Co., Ltd. in the investment and construction of related infrastructure and parks is conducive to the development of the economy of the Northwest region, enabling it to quickly and steadily break through the development bottleneck, and on the other hand, it is conducive to strengthening the connection between the northwest provinces and the outside world. On the basis of promoting the connection and the collaborative development of the northwest provinces and other regions, let more people understand the northwest regions so that they can bring more development opportunities to the regions, and promote the development of the local national economy and realize the prosperity and strength of local areas. Both Parties hope that the cooperative projects can be implemented smoothly as soon as possible, so that they can benefit the local people and contribute to the local economic development.