The board of directors of China Energy Engineering Corporation Limited announced that, recently, the Company and New Hynertech Holdings Limited have entered into a cooperation agreement. Based on the principle of "advantage complementation, collaboration with mutual benefits and joint development", both parties will conduct an in-depth cooperation in the fields of hydrogen technology research and development, investment, construction management, equipment manufacturing and maintenance and operation by the establishment of a joint venture, in order to jointly establish a hydrogen industrial chain and an integrated development platform for investment, construction and operation for the Company. Entering into the cooperation agreement is beneficial to both parties in further deepening the cooperative relationship, broadening the scope of their cooperation, enhancing the level of their cooperation, and achieving a win-win situation with mutual benefits and joint development.