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The Orientation for Its Development in the Coming Ten Years

Date: 2008-12-07
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Zhiguang Electric Defining Energy Conservation and Efficiency Improvement as the Orientation for Its Development in the Coming Ten Years


On December 6, 2009, Guangzhou Zhiguang Electric Co., Ltd. (stock code 002169) concluded a strategic cooperation framework agreement with the ESCO Committee of China Energy Conservation Association ("EMCA") in the Great Hall of the People. It defined "Energy Conservation and Efficiency Improvement" as one of its development orientations in the coming ten years, showing its ambition towards the energy conservation service industry. The principals of the Environmental Protection and Resource Conservation Department of the NDRC, the Department of Energy Conservation and Comprehensive Utilization of the MIIT, the Energy Research Institute of the NDRC, and China Energy Conservation Association attended the signing ceremony.

RuiDongyang, general manager of Zhiguang Electric, represented that, after its ten years of innovation and development, "Energy Conservation and Efficiency Improvement" has been one of its current and future development orientations. The development of such business would significantly drive the expansion of Zhiguang Electric's existing product and service markets. The EMCA has fulfilled many innovations and practices in the concepts and business models as a pioneer and promoter of China's energy conservation service industry. So there has been so much for Zhiguang Electric to learn from its experience. As an integrated solution provider for energy conservation and efficiency improvement in the industrial electrical engineering field, Zhiguang Electric could carry out strategic cooperation, share resources and complementary advantages with more excellent peers via the EMCA in such field, thus jointly promoting the development of China's energy conservation industry.

Besides, RuiDongyang also expressed that the CO2 emissions per unit of GDP in China by 2020 would be reduced by 40%-45% compared with that in 2005 as promised by Chinese government. This would have profound effect on the development of China's energy conservation industry. We were required to drive it with in a more innovative way. Based on its years of experience in the electric power system, profound knowledge on commercial power and in-depth study on power saving technologies, Zhiguang Electric has proposed eight concepts for energy conservation and efficiency improvement in the industrial electrical engineering field. It was dedicated to offering integrated solutions for this purpose by completely integrating and innovating its existing technologies, products and services, so as to help industrial customers achieve the purpose. Zhiguang Electric would focus on the energy conservation and efficiency improvement, intelligent distribution network and electrified transportation in its second decades.


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