CASH signed strategic cooperation agreement with China International Energy Group (CIEG) on May 11th. With the chairmen of both sides, Mr. Wu Lebin and Mr. Wu Guodi being present, representatives from each company, Mr. Chen Xiaofeng (Vice President of CASH) and Mr. Li Hejun (Vice President of CIEG) signed the agreement.

According to the agreement, the two companies will carry out strategic cooperation in areas such as new methanol science and technology, investment, technology transfer and smart city development by following principles of “mutual benefit, complement and win-win”. Based on the agreement, the two sides will further explore specific cooperation projects and businesses and will also gradually expand the cooperation to other fields.