On July 6, 2016, Shengdao (China) Electric Co., Ltd. and Shanghai Electrical Apparatus Research Institute signed a strategic cooperation agreement.
Chen Zhenglong, chairman of Shengdao (China) Electric Co., Ltd., and Chen Qiushi, general manager of Shengdao (China) Electric Co., Ltd., and President Yitian, He Ruihua, senior consultant of the Chinese Academy of Electrical Engineering, Director Fei Wei, and Director Zhou Hailin participated in the signing of the agreement.
Shengdao (China) is an emerging enterprise specializing in the development, production and sales of various high and low voltage electrical switchgear and control equipment and low-voltage power distribution electrical appliances in China. It has a great influence in power system supporting and sales capabilities; It is a well-known scientific research institute in the field of low-voltage electrical appliances in China, and has rich practical experience and capabilities in China's low-voltage electrical technology, product development, testing, industry, and standards.
Shengdao (China) Electric Co., Ltd. hopes to establish a long-term strategic cooperation relationship with the Electric Power Research Institute, including corporate development strategy, product line planning and key product trial production, R&D laboratory construction, corporate standard research and formulation, technical training, brand promotion, and products In terms of promotion, it is hoped that Party A can provide services and consultations so as to achieve sustainable development. The Electric Power Research Institute is also willing to establish a long-term strategic cooperative relationship with Shengdao (China) Electric Co., Ltd., and provide support and services to Party B to help Party B further enhance the core competitiveness of the company and achieve sustainable development. The two parties believe that in the new era of my country's low-voltage electrical development, the two sides, as important enterprises in the low-voltage electrical industry, carry out comprehensive strategic cooperation in the field of low-voltage electrical appliances.

To this end, the following strategic cooperation framework agreement has been reached after friendly negotiation between the two parties.