Three Major Projects of CHN Energy Settle in TEDA
On November 15, TEDA Administrative Commission signed cooperation agreements with three subsidiaries of the CHN Energy on the CHN Energy’s Tianjin Regional Headquarters Project, National Energy Coke (Tianjin) Co., Ltd. Project, and New Energy Project.
CHN Energy’s Tianjin Regional Headquarters Project will consolidate the group’s institutions in Tianjin, facilitating the further development of the group’s business in the area.
CHN Energy Coke (Tianjin) Co., Ltd. is a key project of CHN Energy in implementing the Belt and Road Initiative and has been registered in TEDA. Leveraging the advantageous location of TEDA, the company will serve as a vital channel for coal imports in Sino-Mongolian cooperation. Additionally, it will complement domestic trade, diversifying channels to acquire high-quality coal resources and establishing a sales center in Tianjin that integrates domestic and international trade.
Guohua Energy Investment Co., Ltd. will jointly establish a new energy investment company with Tianjin TEDA Co., Ltd. and Tianjin TEDA Power Co., Ltd. The business will involve wind and photovoltaic projects, as well as the construction of a green ammonia and green hydrogen industrial chain base.