Strategic Partnership Formed: Xiamen Haihua Power and Solar First Group Sign Cooperation Agreement

On February 2, 2023, Solar First Group welcomed a delegation from Xiamen Haihua Power Technology Co., Ltd. led by Jiang Chaoyang (Chairman, Party Branch Secretary, and General Manager), accompanied by Liu Jing (CFO), Dong Qianqian (Marketing Manager), and Su Xinyi (Marketing Assistant). Ye Songping (Chairman), Zhou Ping (General Manager), Zhang Shaofeng (Deputy General Manager), and other representatives from Solar First Group hosted the visit.

That afternoon, Xiamen Haihua Power Technology Co., Ltd. and Solar First Group held a signing ceremony for a strategic cooperation framework agreement, facilitating efficient communication. Through comprehensive, multi‑level discussions, both parties gained deeper insight into each other’s current operations and future development strategies, expressing strong confidence in future growth and mutually beneficial cooperation.

Areas of Cooperation

Guided by the principles of “equality and mutual trust, joint development, complementary advantages, joint implementation, shared risks and shared benefits,” both parties will optimize integration of technology, capital, site resources, management, and marketing capabilities. They will pursue in‑depth cooperation in:

▪ Smart energy industry project development and investment

▪ Green smart source‑network‑load‑storage projects

▪ Smart energy storage power supply product system construction

▪ “Belt and Road” projects

▪ Engineering contracting and services

▪ Equipment sales and agency

Strategic Alignment

This partnership aligns with national energy development policies and plans. It aims to meet domestic market demand for smart energy storage power supply, accelerate source‑network‑load‑storage smart energy applications, foster international market development, rapidly enhance both companies’ brand influence, and contribute to the new energy industry under “carbon peak and carbon neutrality” goals.

Company Profiles

▪ Xiamen Haihua Power Technology Co., Ltd. is jointly invested by:

• • Xiamen Haicang Development Group Co., Ltd. (30%)
  • State Grid Fujian Electric Power Co., Ltd. (30%)
  • Fujian Mintou Distribution and Sales Co., Ltd. (20%)
  • Xiamen Huaxia International Power Development Co., Ltd. (20%)
  • The company was established to implement power system reform policies. Following the “National Development and Reform Commission and the National Energy Administration on Standardizing the Second Batch of Incremental Power Distribution Business Reform Pilots,” the incremental power distribution project for Xiamen Haicang Information Industrial Park was included in the second batch of reform pilots, with Xiamen Haihua Power responsible for the park’s incremental power distribution.

▪ Xiamen Solar First Energy Technology Co., Ltd. specializes in R&D, production, and sales of solar PV products, offering comprehensive solutions including solar power generation systems, source‑network‑load‑storage smart energy systems, solar lights, wind‑solar hybrid lights, solar trackers, floating PV systems, BIPV, flexible mounting systems, and ground/roof mounting systems. Its sales network covers China and over 100 countries across Europe, North America, East Asia, Southeast Asia, and the Middle East. Recognized as a National High‑Tech Enterprise, Small Technology Giant, Contract‑Abiding and Credit‑Worthy Enterprise in Xiamen, Industrial Enterprise Above Designated Size in Xiamen, Small and Medium‑Sized Technology‑Based Enterprise, and Class A Enterprise in Tax Credit, Solar First holds ISO9001/14001/45001 certifications, 6 invention patents, over 50 utility model patents, and 2 software copyrights, demonstrating extensive experience in renewable energy product design and manufacturing.