On the morning of November 23, Zhao Qiming,Secretary of the Party Committee, Chairman, and General Manager of SEPCOIII,met with Zhang Bohai, Member of the Party Committee and Vice President of theQingdao Branch of the Agricultural Development Bank of China.

Zhao Qiming welcomed Zhang Bohai’s arrivaland introduced the core advantages of POWERCHINA in the fields of "water,energy, sand, city, digitization", as well as the company’s EPCO fullindustry chain competitive advantages, market layout, and business scope. Hestated that the Agricultural Development Bank of China is the only agriculturalpolicy bank in the country, making positive contributions to promoting ruralrevitalization and building an agricultural power. He looks forward to furtherstrengthening communication and deepening exchanges between the two sides inthe future, leveraging respective advantages, integrating resources from allparties, focusing on infrastructure and other fields to carry out deep leveland multi-channel practical cooperation, and working together to help urban renewaland industrial upgrading, writing a new chapter in bank enterprise cooperation.

Zhang Bohai introduced the developmenthistory, business scope, and policy advantages of the Agricultural DevelopmentBank and its Qingdao branch. He said that as an internationally renowned EPCproject general contractor, SEPCOIII has strong strength and rich performance.It has made positive contributions to promoting the joint construction of the"the Belt and Road". It is highly complementary to the AgriculturalDevelopment Bank of China, has a broad foundation for cooperation, and has acommon mission and goal. He hoped that in the future, both parties can worktogether strongly and share resources, establish a strategic partnership,achieve mutual benefit and win-win results, and draw a development blueprint.

The relevant personnel of AgriculturalDevelopment Bank of China Qingdao Branch and SEPCOIII attended the meeting.