On April 3-4, 2023, Wang Yihua, Chairman of Dayu Electric Company, led a senior management team of six people to Shaangu Group to discuss strategic cooperation. Leaders such as Li Hong'an, Chairman of Shaangu Group, and Chen Dangmin, General Manager of Shaangu Power, warmly welcomed and exchanged views on the cooperation between the two sides. At the same time, negotiations were held on further in-depth strategic cooperation. The meeting was chaired by Li Yong, General Manager of Shaangu Power Digital Business Unit.

During the meeting, Chairman Wang Yihua expressed sincere gratitude to Chairman Li Hong'an for his concern about the development of Dayu and the support of Shaangu for over 20 years; Introduced the company's business situation, R&D team, and advanced product technology, hoping to obtain more cooperation opportunities and establish a comprehensive strategic partnership with Shaangu in project construction, and to take future cooperation to a higher level.

Shaangu Power appreciates Dayu Electric's excellent supply capacity and expresses that both sides can carry out in-depth cooperation in dedicated frequency conversion research and development, stock market service transformation, overseas markets, etc., achieve resource information sharing, and comprehensively deepen the strategic cooperation relationship between the two sides.

Both parties also exchanged ideas on the technology, services, quality, performance, and business aspects of the frequency converter for the Yingcheng Air Energy Storage Project. Both parties unanimously believe that this project is the first set of units, a national key project, and of great strategic significance, emphasizing the importance of quality and performance from various dimensions; Special emphasis is placed on paying attention to the progress of the project, delivering according to the required time, and arranging experts to provide on-site services to provide the best technical solutions and services for the project.