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Hangyue Intelligent Electric collaborates with two major electromechanical companies in Malaysia to jointly create a new blueprint for smart power distribution in Southeast Asia
In the wave of globalization, cooperation, and win-win outcomes, Hangyue Intelligent Electric Co., Ltd. (hereinafter referred to as "Hangyue Intelligent Electric") has once again taken a solid step towards internationalization. On September 12, witnessed by leaders of the Guangdong Federation of Industry and Commerce, entrepreneur representatives, former Malaysian Investment Commissioner Dato' Wong Ping Huo, and other guests, Hangyue Intelligent Electric officially signed a strategic cooperation agreement and investment intention agreement with Malaysia's SIMOSYNERGY SDN BHD and MCC TECHNIQUE SDN BHD.
The three parties will carry out comprehensive strategic cooperation through resource sharing and complementary advantages, leveraging their own strengths and characteristics in the Southeast Asian market centered on Malaysia, including the high and low voltage distribution equipment market, electromechanical engineering installation, clean energy project development, technical cooperation, and investment and financing, contributing wisdom and strength to the development of the Southeast Asian power industry.
According to the content of this strategic cooperation agreement and investment intention agreement, Hangyue Intelligent Electric will increase investment in SIMOSYNERGY and join hands with MCC TECHNIQUE to advance together and create a future.
We firmly believe that with the joint efforts of the three parties, a brilliant chapter will surely be written in Malaysia's power sector.
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