Gathering strength to empower a win-win future, Baowei New Energy and China Machinery Corporation si

On April 18, Baowei New Energy signed a strategic cooperation framework agreement with China General Technology Group Italy and CMC Europe Kft. at Powerway headquarters in Foshan, Guangdong.

On April 18, China National Machinery Import & Export Corporation (hereinafter referred to as "CNCIC"), a subsidiary of China National Machinery Industry Corporation (hereinafter referred to as "CNMC")General Manager Zhu Zhenmin, Deputy General Manager Ruan Lijuan, General Manager of CMC Ningbo Company Zhou Tao, Deputy General Manager of Marketing Operations Department Wang Jian, and Chief Engineer of CMC Europe Co., Ltd. Wang Guopeng and their group of five people visited Baowei New Energy for guidance. General Manager of Powerway Chen Zhiwen, Executive Director of

Powerway

Europe Subsidiary Li Jia, and Director of Technology R&D Center Chen Wei warmly received and held discussions. During the period,

Powerway

signed a strategic cooperation framework agreement with China General Technology Group Italy and CMC Europe Kft (China Machinery Europe Co., Ltd.).Powerway New Energy and China Machinery Corporation will deepen the cooperation model and follow theMutual trust, resource sharing, focus on effectiveness, win-win progress" principle, deepen the cooperation between the two sides in the energy field of overseas markets. Innovate business models, broaden cooperation channels, improve market competitiveness, and promote the common development of the two sides' businesses.

Trip record   

General Manager Zhu Zhenmin of CMC and his delegation of five people visited Baowei's R&D and production base and marketing center in Foshan City, Guangdong Province, and learned in detail about Powerway development history and corporate culture. They highly affirmed the company's production and research strength, production capacity, service capabilities and brand influence, and expressed confidence in the establishment of a deep cooperative relationship between the two parties.

At the symposium and exchange meeting, both sides elaborated on their cooperation concepts.

Efficient collaboration

General Manager Zhu Zhenmin of CMC said that the strategic direction of CMC in the new energy industry is to become an influential new energy comprehensive service provider overseas. As the second largest cost of photovoltaic power station equipment, the bracket equipment is particularly important for the safety and stability of the long-term operation of the power station! In recent years, through cooperation with Powerway,CMC fully affirmed Powerway products and services, and praised the Powerway team's efficient collaboration capabilities.Therefore, this time we conducted a field visit to Powerway, exchanged experiences with each other, and worked together to advance into the heart of Europe; especially in the current geopolitical environment in Europe, to lay out the local new energy market strategy.

General Manager Chen Zhiwen of Powerway   expressed his gratitude and welcome to General Manager Zhu Zhenmin of China Machinery Corporation and his leaders for visiting Powerway for their guidance!

Mr. Chen fully agrees with Mr. Zhu of CMC that photovoltaic brackets play an important role in photovoltaic power stations. A photovoltaic power station with a lifespan of 20-30 years and good operation cannot do without excellent photovoltaic brackets.

Powerway

provides customers with not only products, but also a comprehensive service system. At the same time, Baowei is about to put into operation a European branch to meet the service needs of products and technologies in the local European market. Technical services, installation guidance, project site control, etc. are all urgent needs at the project site. At present,

Powerway

’s newly built production base in Foshan has been fully put into use, greatly improving production capacity and fully ensuring the stability of product supply and delivery.

Powerway is very much looking forward to the next deeper cooperation plan with China Machinery Corporation to maximize the advantages of each other, gather strength and empower each other, and win the future together!

About CMC

China National Machinery Import & Export Corporation is a wholly-owned subsidiary of China General Technology (Group) Holding Co., Ltd., an important state-owned enterprise. Founded in 1950, China National Machinery Import & Export Corporation is the earliest large-scale state-owned foreign trade enterprise in China that mainly engages in the import and export of electromechanical products and international engineering contracting. It now has more than 40 branches at home and abroad.

About Genertec Italia

Genertec Italia is the first commercial company established by the Chinese government in Italy. In 1988, China National Technical Import & Export Corporation (CNTIC), one of the largest Chinese state-owned enterprises, opened its first representative office in Italy to deepen economic and trade relations with large Italian companies. Based on the cooperation and experience accumulation with Italian small and medium-sized enterprises, it is also committed to maintaining cooperative relations with large enterprises.

About CMC Europe Kft

CMC Europe Kft was established in Budapest, Hungary in September 2019. It is the first wholly-owned subsidiary of China National Machinery Import & Export Corporation in Europe. Its main businesses cover renewable energy, conventional energy, industrial plants, infrastructure construction, international investment and contracting, development and operation, and provides related professional technical services.

About Baowei New Energy

Powerway Renewable Energy Co., Ltd. is a global leading supplier of photovoltaic trackers, ground and roof photovoltaic system solutions and photovoltaic bracket product manufacturers with 13 years of experience in product research and development, manufacturing and project services. The company is headquartered in Foshan, Guangdong, and has established subsidiaries and service outlets in the Czech Republic, Hungary, Italy, Poland, Germany, Chile in South America, Japan, Taiwan, the Philippines and other places in Europe. As the Guangdong Provincial Photovoltaic Bracket System Engineering Technology Research Center and the industry leader, the company has more than 100 product technology patents and international certifications. By the end of 2022, Powerway has provided globalIt provides more than 16.5GWp of products and value-added services to solar power stations in more than 80 countries and regions, and has established strategic partnerships with many well-known photovoltaic companies at home and abroad, becoming a trustworthy brand enterprise in the photovoltaic industry.