Wison New Energies (WNE) and Zhoushan CIMC Changhong Shipyard Co., Ltd (CIMC Changhong) signed a three-year strategic cooperation agreement in Shanghai on 23 July 2024. According to the agreement, WNE shall furnish its clientele with a full suite of EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) services pertaining to floating natural gas facilities and clean energy solutions. CIMC Changhong, leveraging its formidable assets in the domain of offshore engineering and construction, will align synergistically with WNE to mutually reinforce their competencies. Collaboratively, the two companies are poised to bolster Wison's preeminence within the sector of integrated clean energy solution. Mr. Zhang Wenlu, Senior Vice President of WNE and Mr. Zhu Guiming，Vice President of Changhong International and General Manager of CIMC Changhong signed on behalf of both parties respectively.

CIMC Changhong is a large-scale shipbuilding and offshore engineering company offering integrated services across the entire industry chain, including shipbuilding, repairs, conversions, and marine engineering projects. The company is equipped with six dry docks varying in dimensions from 240 to 510 meters long and 40 to 120 meters wide. It features a maximum single-lift capacity of 800 tons, alongside extensive yard areas and diverse facilities and equipment, which together facilitate the capability of constructing and shipping modules of around 10,000 tons. These advanced facilities will further expand WNE's production and construction scale, ensuring that the company can fulfill the demands of forthcoming contracts. This enhancement will specifically boost Wison's proficiency in fabricating large and mega-scale FLNG, FPSO, FSRUs, and other floating facilities.

This strategic partnership underscores Wison's determination and confidence in continuing its expansion and deepening its presence in the clean energy sector. Moving forward, Wison is committed to aggregating premium industrial resources to offer its clients efficient, integrated clean energy solutions, contributing to the global transition towards sustainable energy.

About Zhoushan CIMC Changhong Shipyard Co., Ltd.

Zhoushan CIMC Changhong Shipyard Co., Ltd is a wholly owned subsidiary of Zhoushan Changhong International Ship Repair Co., Ltd. CIMC Changhong is a large-scale shipbuilding industry enterprise with an integrated whole industry chain of shipbuilding, ship repair, ship reconstruction and offshore engineering projects. The company covers an area of 2,294 acres and has the conditions and ability to repair and build various kinds of large and medium-sized ships in domestic and international market and is one of the most advantageous shipbuilding and repair bases in China.

About Wison New Energies

Wison New Energies is a leading provider of clean energy technology service and solutions, is committed to providing the energy industry with highly integrated EPCIC solutions, including floating LNG facilities, modularized LNG plant, floating gas-to-power facilities, floating wind power and other clean energy solutions. Based on a track-record of successful project delivery, the experienced Wison team applies its expertise in technical innovation to provide EPCIC services that meet the highest international quality and safety standards.