On July 15, REIT Holdings (China) Co., Ltd. (REIT Holdings) and Inner Mongolia Dongchang Energy Group Co., Ltd. (Dongchang Energy Group) signed a strategic cooperation framework agreement in Ordos. Xiaoping Li, President of REIT Holdings, Siqin Biliger, Senior Vice President, ZhongGe, the contact person of RETO in Ordosi, Haiyan Dai, Chairman of Dongchang Energy Group, LixinZheng , Minister of Network Energy Department, and XianShang, Minister of General Management Department, attended the ceremonyand witness the signing.

At the signing ceremony, REIT Holdings and Dongchang Energy Group reached a consensus on projects such as smart park informatization, Internet of Vehicles big data center, and smart mines. Both parties expressed that they will integrate their respective advantages based on their common points, convergence points and focus points in their own development directions, give full play to the industry strength of REIT Holdings and the innovation guidance and financial strength of listed companies, and combine Dongchang Energy Group’s local strengths. The operation ability and resource advantages of the company will jointly promote the rational use of technology and resources, open up a broader market space, to achieve a win-win.

Both REIT Holdingsand Dongchang Energy Group are leaders and pioneers in their respective fields. This signing is the beginning of a strong alliance and mutually beneficial cooperation between the two parties. It marks that the two sides have entered a new stage of close cooperation and common development. It is an important measure for the two sides to strengthen high-level strategic cooperation, jointly accelerate informatization construction, and jointly promote the transformation and upgrading of economic and social development. On the basis of this cooperation, we will further strengthen contact and carry out extensive multi-field and multi-level comprehensive cooperation, and finally achieve win-win and coordinated development, and create a new situation of strategic cooperation between the two parties.

After the signing of the contract, the two parties will quickly form a special group to conduct research and reports on the content of the contract, in-depth docking and implementation of relevant issues, further practical cooperation, and accelerating the new chapter of the green development of Ordos Smart Mine.